EmailStock Market Update
Market Snapshot
| Dow | 15072.09 | -46.40 | (-0.31%) |
| Nasdaq | 3436.69 | +0.11 | (0.00%) |
| SP 500 | 1632.44 | -1.26 | (-0.08%) |
| 10-yr Note | -6/32 | 1.923 | |
| NYSE | Adv 1102 | Dec 1892 | Vol 288.2 mln |
| Nasdaq | Adv 1108 | Dec 1340 | Vol 1.01 bln |
Industry Watch
| Strong: Consumer Staples, Health Care |
| Weak: Materials, Utilities, Industrials |
Moving the Market
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March business inventories: 0.0% actual, +0.3% Briefing.com consensus, +0.1% prior April retail sales: +0.1% actual, -0.3% Briefing.com consensus, -0.5% prior Retail sales ex-auto: -0.1% actual, -0.2% Briefing.com consensus, -0.4% prior |
Industrials Lag
13-May-13 13:55 ET
Dow -46.40
at 15072.09,
Nasdaq +0.11
at 3436.69,
S&P -1.26
at 1632.44
[BRIEFING.COM] The major averages have slipped from their recent levels amid widening negative market breadth. For every advancing issue, 1.7 names trade lower.
Of the six cyclical sectors, only financials have been able to register gains while other growth-oriented sectors trail behind the broader market. The industrial space has spent the entire session in the red as transportation-related stocks underperform.
The Dow Jones Transportation Average is off by 0.5% with 18 of 20 components trading lower.
Elsewhere, underperformance from conglomerates like 3M (MMM 110.24, -0.24) and General Electric (GE 22.77, -0.13) has pressured the industrial sector.
Of the six cyclical sectors, only financials have been able to register gains while other growth-oriented sectors trail behind the broader market. The industrial space has spent the entire session in the red as transportation-related stocks underperform.
The Dow Jones Transportation Average is off by 0.5% with 18 of 20 components trading lower.
Elsewhere, underperformance from conglomerates like 3M (MMM 110.24, -0.24) and General Electric (GE 22.77, -0.13) has pressured the industrial sector.
