Highest Traded Shares in Morning Trading October 6th

As the Dow Jones Industrial Average climbs higher 117 points and the S&P 500 Index rises 15 points, here are today’s heavily traded shares in the morning.

  • SPDR S&P 500 ETF (NYSE:SPY): 48.44 million shares have traded hands and its market capitalization is $78.48 billion. About the equity: SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index. A Closer Look at Upcoming Earnings Releases>>
  • Bank of America Corp (NYSE:BAC): 39.45 million shares have traded hands and its market capitalization is $58.22 billion. About the equity: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary. Trichet: ECB Will Keep Interest Rates at 1.5%>>
  • Sirius XM Radio Inc. (NASDAQ:SIRI): 24.78 million shares have traded hands and its market capitalization is $6.14 billion. About the equity: Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio. Sirius Avoids Selloff>>
  • iShares Russell 2000 Index (NYSE:IWM): 19.63 million shares have traded hands and its market capitalization is $12.36 billion. About the equity: iShares Russell 2000 Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Russell 2000 Index Fund. The Index measures the performance of the small-capitalization sector of the U.S. equity market. The Fund uses a Representative Sampling strategy to try to track the Index.
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 19.27 million shares have traded hands and its market capitalization is $45.41 billion. About the equity: PowerShares QQQ is an exchange-traded fund incorporated in the USA. The Fund represents undivided ownership interests in the PowerShares QQQ. The Fund’s objective is to provide investment results that generally correspond to the price and yield performance of the component securities of the Nasdaq 100 Index.
  • iShares MSCI Emerging Markets Indx (NYSE:EEM): 16.74 million shares have traded hands and its market capitalization is $29.87 billion. About the equity: iShares MSCI Emerging Markets Index is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond generally to the price and yield performance of the MSCI TR Emerging Markets Index. The Fund will concentrate its investments in a particular industry or geographic region to approximately the same extent the Index is so concentrated.
  • Financial Select Sector SPDR (NYSE:XLF): 13.99 million shares have traded hands and its market capitalization is $4.76 billion. About the equity: Financial Select Sector SPDR Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective is to provide investment results that, before expenses, correspond to the performance of The Financial Select Sector. The Index includes financial services firms whose business’ range from investment management to commercial & business banking.
  • Direxion Daily Finan. Bull 3X Shs (NYSE:FAS): 12.59 million shares have traded hands and its market capitalization is $1.42 billion. About the equity: Direxion Daily Financial Bull 3X Shares is an exchange-traded fund incorporated in the USA. The Fund’s objective is daily investment results, before fees and expenses, of 300% of the price performance of the Russell 1000® Financial Services Index (“Financial Index”). The Fund invests in at least 80% of its net assets in the equity securities that comprise the Financial Index
  • Level 3 Communications, Inc. (NASDAQ:LVLT): 12.29 million shares have traded hands and its market capitalization is $3.12 billion. About the equity: Level 3 Communications, Inc. provides telecommunications and information services, including local, long distance, and data transmission. The Company also provides other enhanced communications and Internet services, and is involved in coal mining businesses.
  • Yahoo! Inc. (NASDAQ:YHOO): 12.19 million shares have traded hands and its market capitalization is $19.19 billion. About the equity: Yahoo! Inc. is a global Internet media company that offers an online guide to Web navigation, aggregated information content, communication services, and commerce. The Company’s site includes a hierarchical, subject-based directory of Web sites, which enables users to locate and access information and services through hypertext links included in the directory. Yahoo Falls Back to Reality>>

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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