EmailStock Market Update
Market Snapshot
| Dow | 13861.95 | +82.78 | (0.60%) |
| Nasdaq | 3148.91 | -4.76 | (-0.15%) |
| SP 500 | 1499.83 | +5.05 | (0.34%) |
| 10-yr Note | -7/32 | 1.853 | |
| NYSE | Adv 1890 | Dec 997 | Vol 256.1 mln |
| Nasdaq | Adv 1516 | Dec 861 | Vol 944.1 mln |
Industry Watch
| Strong: Consumer Discretionary, Consumer Staples, Energy |
| Weak: Utilities, Materials, Telecoms, Industrials |
Moving the Market
 |
December new home sales: 369,000 actual, 385,000 Briefing.com consensus, 398,000 prior |
Western Digital Advancing on Upbeat Quarter
24-Jan-13 12:00 ET
Dow +82.78
at 13861.95,
Nasdaq -4.76
at 3148.91,
S&P +5.05
at 1499.83
[BRIEFING.COM] The major averages saw little change in recent trade. The S&P 500 continues to hover within points of 1500, and the Nasdaq is off by 0.1%. The tech-heavy index has staged a notable recovery off early session lows after Apple (AAPL 461.05, -52.95) reported earnings which disappointed the market.
While Apple continues to trade lower by 10%, other tech stocks are seeing relative strength. Hard drive makers Seagate (STX 36.96, +0.34) and Western Digital (WDC 48.86, +1.79) are outperforming after Western Digital beat on earnings and revenue. The two stocks have soared in recent weeks with WDC rallying more than 40% prior to yesterday's quarterly report.
While Apple continues to trade lower by 10%, other tech stocks are seeing relative strength. Hard drive makers Seagate (STX 36.96, +0.34) and Western Digital (WDC 48.86, +1.79) are outperforming after Western Digital beat on earnings and revenue. The two stocks have soared in recent weeks with WDC rallying more than 40% prior to yesterday's quarterly report.
