Quick Look Market Closing Price:
At the close: Dow +1.12% to 12508. S&P +1.68% to 1317. Nasdaq +2.46% to 2847.
Treasurys: 30-year -0.21%. 10-yr -0.04%. 5-yr +0.06%.
Commodities: Crude +1.63% to $93.3. Gold +0.03% to $1592.35.
Currencies: Euro +0.29% vs. dollar. Yen +0.36%. Pound -0.12%
After Hours News:
Property insurer Old Republic (ORI) announces a partial leveraged buyout and planned spinoff of its Republic Financial Indemnity Group's stock which will establish RFIG as a separate publicly-held company. ORI +5.6% AH.
Shaw Group (SHAW) +1.2% AH after agreeing to sell its energy and chemicals business to Technip (TKPPY.PK) for ~$300M. Shaw says the move will allow it to pursue opportunities in its primary industries, which include providing engineering and facilities management services to oil companies and electric utilities
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