Stock Market Update
Market Snapshot
| Dow | 12938.67 | -27.02 | (-0.21%) |
| Nasdaq | 2933.17 | -15.40 | (-0.52%) |
| SP 500 | 1357.66 | -4.55 | (-0.33%) |
| 10-yr Note | +17/32 | 2.01% | |
| NYSE | Adv 1179 | Dec 1828 | Vol 729 mln |
| Nasdaq | Adv 834 | Dec 1695 | Vol 1.69 bln |
Industry Watch
| Strong: oil and gas equipment, drilling, and services; gold; agricultural chemicals; department stores; data processing; application software |
| Weak: coal and consumable fuels; paper packaging; regional banks; investment banks and brokerages; mortgage finance; construction and engineering; industrial REITs |
Moving the Market
 |
Financials trade with pronounced weakness
Existing home sales disappoint Europe's bourses move lower in response to disappointing data; China's PMI Manufacturing reading improved, but showed continued contraction Greece gets downgraded by analysts at Fitch Sterling pound slides against greenback |
Stocks Suffer Varied Losses
22-Feb-12 16:30 ET
Dow -27.02
at 12938.67,
Nasdaq -15.40
at 2933.17,
S&P -4.55
at 1357.66
[BRIEFING.COM] Choppy trade in the early going gave way to moderate selling pressure. Unable to overcome it, stocks suffered varied losses.
Although Asia's major averages advanced in overnight action, selling ...
..Nasdaq 100 -0.4%.
..S&P Midcap 400 -0.5%.
..Russell 2000 -0.8%.
Oil Ekes Out Narrow Gain, but Gold Rallies
22-Feb-12 15:30 ET
Dow -23.73
at 12941.96,
Nasdaq -13.72
at 2934.85,
S&P -3.74
at 1358.47
[BRIEFING.COM] Oil prices oscillated for most of the session before settling pit trade with a 0.1% gain at $106.35 per barrel. The energy component remains sensitive to increased geopolitical tension ...
Final Hour Arrives
22-Feb-12 15:00 ET
Dow -21.91
at 12943.78,
Nasdaq -13.99
at 2934.58,
S&P -4.08
at 1358.13
[BRIEFING.COM] There is only an hour before the closing bell will toll and the major equity averages remain mired in negative territory with modest losses.
After the close, Express Scripts ...
Resistance Remains
22-Feb-12 14:30 ET
Dow -6.81
at 12958.88,
Nasdaq -7.97
at 2940.60,
S&P -2.01
at 1360.20
[BRIEFING.COM] Stocks continue to gradually work their way upward, but the Dow is still having difficulty breaking into positive territory. Upside resistance at the neutral line is capping the Dow's ...
Financials Continue to Lag
22-Feb-12 14:00 ET
Dow -9.42
at 12956.27,
Nasdaq -7.34
at 2941.23,
S&P -1.89
at 1360.32
[BRIEFING.COM] The Dow recently attempted to turn positive, but it was rebuffed by resistance at the neutral line. Meanwhile, both the Nasdaq and S&P 500 remain in the red with ...
