Stock Market Update
Market Snapshot
| Dow | 12598.55 | -33.45 | (-0.26%) |
| Nasdaq | 2874.04 | -19.72 | (-0.68%) |
| SP 500 | 1324.80 | -5.86 | (-0.44%) |
| 10-yr Note | +3/32 | 1.76% | |
| NYSE | Adv 985 | Dec 2024 | Vol 872 mln |
| Nasdaq | Adv 839 | Dec 1660 | Vol 1.96 bln |
Industry Watch
| Strong: internet software and services; airlines; industrial conglomerates; automotive retail |
| Weak: construction materials; commercial printing; life and health insurance; semiconductor equipment; real estate services; coal and consumable fuels; aluminum; diversified financial services; specialty stores |
Moving the Market
 |
Euro slips after oscillating along neutral line for most of session Greece government continues struggle to elect coalition; reports suggest ECB may suspend monetary policy services to certain Greek banks Domestic data proves pleasing, but few new details are offered by FOMC minutes |
Stocks Suffer Another Loss
16-May-12 16:30 ET
Dow -33.45
at 12598.55,
Nasdaq -19.72
at 2874.04,
S&P -5.86
at 1324.80
[BRIEFING.COM] Buying interest in the early going gave way to selling pressure that resulted in the ninth loss in 11 sessions for the S&P 500. Many traders took their cues ...
..Nasdaq 100 -0.7%.
..S&P Midcap 400 -0.9%.
..Russell 2000 -0.6%.
Natural Gas Extends Climb as Other Commodities Decline
16-May-12 15:30 ET
Dow -12.71
at 12619.29,
Nasdaq -18.30
at 2875.46,
S&P -3.90
at 1326.76
[BRIEFING.COM] Crude oil experienced volatility in today’s pit trade as it continued its decline for a fourth consecutive session. It briefly popped into positive territory in morning action, but quickly ...
Final Hour Arrives
16-May-12 15:00 ET
Dow +17.45
at 12649.45,
Nasdaq -10.14
at 2883.62,
S&P -0.27
at 1330.39
[BRIEFING.COM] The stock market has attempted to turn positive as trade enters its final hour. On the line is yet another loss -- the S&P 500 has already suffered losses ...
Losses Loom
16-May-12 14:30 ET
Dow +0.15
at 12632.15,
Nasdaq -15.54
at 2878.22,
S&P -2.42
at 1328.24
[BRIEFING.COM] The S&P 500 is in negative territory, but its loss remains only modest. Still, another loss would mark the ninth time in 11 sessions that the stock market has ...
Moderately Whippy Action Follows FOMC Minutes
16-May-12 14:05 ET
Dow +6.74
at 12638.74,
Nasdaq -13.20
at 2880.56,
S&P -1.27
at 1329.39
[BRIEFING.COM] Action among stocks has become somewhat whippy in the wake of the latest FOMC minutes, which indicate that broad financial market conditions have changed little as bank credit slowed ...
