Stocks are holding early gains in midday trading after Greek politicians approved more austerity measures in order to secure another bailout package from the EU. News of Israeli diplomat attacks in Georgia and India has investors on edge at the region is unstable right now. The price of oil jumped over $100 a barrel following this news. At midday, the Dow is up 64 points, the Nasdaq is up 21 points and the S&P 500 is up 7 points.
Bank of America Corporation (NYSE:BAC) is up 2.60% today at $8.28. BAC has traded 149.9 million shares so far today and trades 277.1 million shares a day on average. Bank of America is likely to see a downgrade from Moody’s due to “Eurozone weakness and elevated economic and market uncertainties.” This according to a research report published by CreditSights. BAC shares are climbing today alongside the overall market. The company has a market cap of 87.03 billion.
Pfizer, Inc. (NYSE:PFE) is up 1.64% at $21.39. PFE is up on light volume today with 16 million shares traded. The stock usually trades 43.7 million shares a day. While PFE shares are up today, they are down about $1 on the year. The company has a market cap of 164.19 billion.
Micron Technology, Inc. (NASDAQ:MU) is down 1.33% today at $7.79. MU has traded 13.6 million shares at midday and trades 31.1 million shares a day on average. MU shares are down about $0.40 over the past few days. MU shares are down after Benchmark cut its rating on the semiconductor sector from overweight to market weight. The company has a market cap of 7.68 billion.
Advanced Micro Devices, Inc. (NYSE:AMD) is up 4.04% in midday trading at $7.34. AMD has traded 12.4 million shares today and trades 14.6 million shares a day on average. AMD shares are rising today after Bernstein Research upgraded the stock. The company has a market cap of 5.36 billion.
Research In Motion Limited (NASDAQ:RIMM) is down 2.4% today at $15.07. RIMM has traded 8.9 million shares so far today and trades 23.6 million shares a day on average. RIMM shares have been falling steadily after going above $17 on Feb. 2. The company has a market cap of 7.79 billion.
Clearwire Corporation (NASDAQ:CLWR) is up 3.37% today at $2.15. CLWR has traded 6.6 million shares today, about half its daily volume. CLWR shares are up more than $0.40 over the past two weeks. The company has a market cap of 533.12 million.