Reply #57: 1:00 update [View All]

[ozymandius]

Dow 10,868.62 -11.53 (-0.11%)
Nasdaq 2,273.29 +9.83 (+0.43%)
S&P 500 1,272.27 -1.19 (-0.09%)
10-Yr Bond 43.62 +0.06 (+0.14%)
NYSE Volume 1,347,157,000
Nasdaq Volume 1,112,935,000

12:30 pm : Range-bound trade persists, but the indices manage to retain positive footing. Sector standing is now split down the middle, with Tech continuing to pace the way higher largely on account of surging semiconductors. Financials have edged somewhat higher, with a relatively passive Treasury market and a slightly steepening yield curve helping to assuage tension. While the Energy sector has more than halved its post-EIA data decline, the 0.5% loss it still levies helps cap upward efforts. Consumer Staples (-0.2%), dragged by WMT, and Industrials (-0.3%), due to BA, add to the pressure the market faces. DJ30 +9.77 NASDAQ +12.76 SP500 +1.16 NASDAQ Dec/Adv/Vol 1387/1474/1.02 bln NYSE Dec/Adv/Vol 1471/1699/828.7 mln