Author: Elena Todorova
123jump.com
Last Update: 12:47 PM EDT May 01 2006
Going into afternoon trading, the Dow Jones index outperformed the Nasdaq and S&P 500 as most of the blue chip stocks moved to the upside. Discount retailer Wal-Mart turned in the best performer on strong same-store sales, followed by oil giant Exxon Mobil which gained on rising oil prices. However, Intel was a notable loser, falling 1.4%. Brokerage stocks also showed weakness with Legg Mason down 6%.
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