Stock market update for Wednesday July 21, 2010, 11:00 AM. DOW and S&P 500 are basically flat for the day. Last night Apple Inc. reported positive earnings that helped gap up the US stock market indices on the open, but initial gains have been sold.
Top gainers for the day include Cliffs Natural Resources (NYSE: CLF), Harley-Davidson (NYSE: HOG), and MGIC Investment Corp. (NYSE: MTG)
Cliff’s Natural Resources, a mining and resources company that produces coal and ore in Canada and the United States is up 3.36% after co-hosting a product launch call yesterday at 2:00 PM.
Harley-Davidson is up today in follow through action from yesterday’s big rally in the stock that came after Harley-Davidson announced earnings that beat consensus analyst estimates.
Private mortgage insurer MGIC investments announced its first profit in three years when it released earnings its second quarter earnings results yesterday. The company reported a net income of $24.6 million compared with a loss of $339 million in the second quarter of last year.


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