US Stock Swings Higher on the Anniversary day (UTX, AT&T, GE, UAUA, YUM, CMA, HRB, CTIC, DRYS)

(EMAILWIRE.COM, March 09, 2010 ) Dallas, Tx - Today is the 1-year anniversary of the market bottom, when the S&P 500 touched 666 in what some are calling a 'generational low'. Today the S&P stands some 70% above those levels, though still well off its previous highs. The S&P would have to rally another 35% to get back to its previous highs.

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AT&T Inc. (NYSE:T) jumped 1.38% to $25.63 on very unusual volume after Cisco said AT&T has successfully tested the new product, in the "world's first field trial of 100-gigabit backbone network technology."

United Technologies Corporation (NYSE:UTX) jumped 2% to $72.17. in the past one year, the stock is up over 92%.

General Electric Company (NYSE:GE) also among the top leaders.

UAL Corporation (NASDAQ:UAUA) soared 8.75% 19.05 after the parent of United Airlines said February revenue for each passenger flown a mile increased by between 17 percent and 19 percent.

Yum! Brands, Inc. (NYSE:YUM) sugared 3.70% to $36.72 after UBS AG upgraded the shares to buy from neutral and raised its price estimate on the shares 16 percent to $44.

Comerica Incorporated (NYSE:CMA) fell 1.76% to $35.65 after. The bank, with a market value of about $5.5 billion, is raising about $800 million by selling shares. BMO Capital Markets cut its rating on the shares to market perform from outperform.

H&R Block, Inc. (NYSE:HRB) jumped 1% to $16.76 after touching day's low of $15.95.

Cell Therapeutics, Inc. (NASDAQ:CTIC)n fell 4.35% after rising over 28% yesterday.

DryShips Inc. (NASDAQ:DRYS) fell 1% to $6.03 after moving up over 7.50% yesterday. According to Briefing.com, Greek dry bulk shipping giant DryShips could be a potential buyout candidate for Danish conglomerate Maersk.
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