EmailStock Market Update
Market Snapshot
| Dow | 13411.21 | +19.85 | (0.15%) |
| Nasdaq | 3102.87 | +2.30 | (0.07%) |
| SP 500 | 1463.29 | +3.92 | (0.27%) |
| 10-yr Note | +4/32 | 1.908 | |
| NYSE | Adv 2138 | Dec 768 | Vol 223.1 mln |
| Nasdaq | Adv 1620 | Dec 762 | Vol 757.5 mln |
Industry Watch
| Strong: Materials, Industrials, Health Care |
| Weak: Technology |
Moving the Market
 |
December nonfarm payrolls: 155K actual, 150K Briefing.com consensus, prior revised up to 161K Nonfarm private payrolls: 168K actual, 145K Briefing.com consensus Unemployment rate: 7.8% actual, 7.7% Briefing.com consensus, 7.7% prior Hourly earnings: +0.3% actual, +0.2% Briefing.com consensus Average workweek: 34.5 actual, in-line with expectations |
Financials Extending Recent Strength
04-Jan-13 12:00 ET
Dow +19.85
at 13411.21,
Nasdaq +2.30
at 3102.87,
S&P +3.92
at 1463.29
[BRIEFING.COM] The S&P 500 is higher by 0.3% after marking a fresh session high.
Financials are outperforming the broader market as most majors register gains. The SPDR Financial Select Sector ETF (XLF 16.94, +0.09) is higher by 0.5% as the ETF trades at its best level since February 2011. Looking at notable sector movers, Citigroup (C 41.97, +0.58) is rising by 1.4% after Goldman Sachs added the stock to its Conviction Buy list.
On the downside, Wells Fargo (WFC 34.56, -0.20) is shedding 0.6% after Goldman Sachs downgraded the stock to ‘Neutral' from ‘Buy.'
Financials are outperforming the broader market as most majors register gains. The SPDR Financial Select Sector ETF (XLF 16.94, +0.09) is higher by 0.5% as the ETF trades at its best level since February 2011. Looking at notable sector movers, Citigroup (C 41.97, +0.58) is rising by 1.4% after Goldman Sachs added the stock to its Conviction Buy list.
On the downside, Wells Fargo (WFC 34.56, -0.20) is shedding 0.6% after Goldman Sachs downgraded the stock to ‘Neutral' from ‘Buy.'
