Market diary.

Stocks rose again in the week ended July 20, as oil prices moderated, earnings reports beat forecasts and inflation remained in check. The Dow Jones Industrial Average rose 1.2 percent to 10,689.20. The Nasdaq composite index rose 2.1 percent while the S&P 500 rose 0.2 percent. The locally based LABJ 200 Index rose 3.4 percent, powered by a strong earnings report from Amgen Inc., the largest company in the region by market value, which topped $100 billion for the first time. Local advances led declines 119 to 75, and 28 local stocks hit new highs, while only one--Anworth Mortgage Asset Corp.--hit a new low. Setting the pace was the biomedical and pharmaceutical sector, up 17.2 percent on Amgen's 17.7 percent surge to $81.17 a share. Also rising were the construction and engineering sector, logging a 4 percent gain, and automotive and plastics companies, up 2.7 percent. Losing ground were apparel, down 1.9 percent, energy and utilities, down 1.6 percent, and financial services, down 1.1 percent. Other big gainers for the week included Intermix Media Inc., up 17.5 percent to $11.75 as the company announced a buyout by News Corp. Among the biggest losers were Hot Topic Inc., the teen apparel retailer, down 12.8 percent to $17.60, and printing systems manufacturer 3D Systems Corp., down 7.8 percent to $23.92.