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Trader’s Watch List: Nucor Corporation (NUE), Cabot Oil & Gas Corporation (COG), Sanofi SA ADR (SNY)

All 30 Dow components rose. The biggest gainer, Apple, advanced $3.83, or 3.3%, to $119.03.

The rate-sensitive financial sector gained 2.7% and helped lead Friday’s rally. A rate increase should bode well for financial companies, investors said, because lenders will be able to charge borrowers more while earning more on reserves.

J.P. Morgan shares rose 2.09, or 3.2%, to 67.89.

Markets on Friday reversed some of Thursday’s big moves, when stocks and government-bond prices fell sharply in Europe and the U.S. and the euro surged. The ECB stepped up its stimulus efforts Thursday with a cut to the interest rate it pays on excess bank deposits and an extension of its bond-buying program. But the size of the stimulus measures disappointed investors, who had bet on more aggressive steps to combat ultralow eurozone inflation.

“I think the markets overreacted…emotions took over,” said Kate Warne, investment strategist at Edward Jones, referring to Thursday’s selloff.

The yield on the benchmark 10-year Treasury note fell to 2.275%, from 2.328% Thursday .

The euro fell 0.5% against the U.S. dollar to $1.0885 Friday, after rising 3.1% Thursday. The dollar rose 0.4% against Japan’s yen to ¥ 123.1160.

Nucor Corporation (NYSE:NUE) augmented 0.54% to close at $41.10 in the last trading session and its total traded volume was 1.75 million shares versus average volume of 2.06 million. The company has market cap of $13.07 billion. The stock has negative year-to-date (YTD) performance of -16.21% while its quarterly performance remained -1.37%. Nucor Corporation (NYSE:NUE) on December 1, 2015 increased the regular quarterly cash dividend on Nucor’s common stock to $0.375.  This cash dividend is payable on February 11, 2016, to stockholders of record on December 31, 2015, and is Nucor’s 171st consecutive quarterly cash dividend. Nucor has increased its regular, or base, dividend for 43 consecutive years – every year since it first began paying dividends in 1973.  Reflecting the Nucor team’s success in building our company’s long-term earnings power, the base quarterly dividend has increased five-fold over the past ten years.  Over this same period, Nucor has returned approximately $6.7 billion in capital to its stockholders in the form of base dividends, supplemental dividends and share repurchases.

What NUE Charts Are Signaling for Traders? Find Out Here

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Cabot Oil & Gas Corporation (NYSE:COG) jumped 0.50% to end at $17.22 and its overall volume in the last trading session was 6.48 million shares, versus average trading volume of 6.16 million. It has market cap of $7.09 billion while its total outstanding shares are 413.87 million. The stock declined -41.84% in this year and reported the loss of -9.75% in the last 5 days. Cabot Oil & Gas Corporation (NYSE:COG) proclaimed the election of Ms. Dorothy M. Ables and Mr. Robert S. Boswell to its Board of Directors, effective immediately.  The addition of Ms. Ables and Mr. Boswell to the Board will bring the total to seven directors, with six qualifying as independent directors. Ms. Ables is Chief Administrative Officer of Spectra Energy Corp, a position she has held since 2008 having been promoted from Vice President, Audit Services and Chief Ethics and Compliance Officer.

Should COG a Buy or Sell Now? Find Out Here

Sanofi SA (ADR) (NYSE:SNY), after recent close, showed that 1.17 million shares were exchanged versus the average volume of 1.78 million shares. The stock began the trade at $42.63 and was moved to $43.35, escalating 0.53% for the day. The market capitalization after this change reached $110.58 billion. The half-yearly trend of the stock remained negative -18.43%. Sanofi SA (ADR) (NYSE:SNY) announced on December 1, 2015 that the launch of a new 24-count tablet pack of Priftin® (rifapentine) for the treatment of latent tuberculosis infection (LTBI) in patients two years of age and older who are at high risk of progression to tuberculosis (TB) disease. The new 24-count package is tailored for use in the treatment of LTBI and represents one month of Priftin for most patients. The new 24-count packaging features individual tablet printing on the backing foil with individually perforated tablet blisters, and has an extended shelf-life of up to three years.

Can SNY Show a Strong Recovery? Find out in This Research Report

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