Most markets are higher this morning as risk-on sentiment dominates: General Electric, XPO Logistics, Inc., BWX Technologies, Inc. are showing impressive gains as we move into the afternoon trading session.
The leading indices are climbing up — Nasdaq up to 11,600, gaining 0.25%. Dow Jones goes up 0.13%, trading at 32,843.
Today's rise takes place amid mixed market indicators — highly important Initial Jobless Claims data from United States beat analyst expectations of 195,000 with a reading of 211,000.
Here are the biggest industrials stocks gainers so far today.
GE | +8.21% in mid-session
The US conglomerate reached $94.94, breaking a 10 months record. Later, it lost 82 cents and is now trading at $94.12. After hitting an important low of $61.09 approximately 7 months ago, the industrial giant has bounced back 42.38% since. So far this year, it has been under-performing the S&P 500 by 1.86%. GE's market cap currently stands at $102.52 billion with an average daily volume of 5.80 million shares. GE has a forecast of $21.59 billion with an EPS of $1.11.
XPO Logistics | +5.93% in mid-session
The truck brokerage services firm reached $38.17, breaking a 2 weeks record. Later, it lost 77.5 cents and is now trading at $37.4. Over the past 11 months, the truck brokerage services firm has retreated 54.93% from a noteworthy peak of $78.33. So far this year, it has been doing worse than the Nasdaq by 1.15%. XPO Logistics has a market cap of $4.32 billion with an average daily trading volume of 2 million shares. XPO Logistics is forecasted to generate revenues of $1.84 billion and EPS of 85 cents.
BWX Technologies | +2.53% in mid-session
The nuclear component supplier trades at $64.09 today, after closing yesterday at $62.51 and gaining $1.58 (2.53%).