Reply #62: just before lunchtime [View All]

[ozymandius]

11:58
Dow 10,396.52 -17.61 (-0.17%)
Nasdaq 2,083.51 -7.73 (-0.37%)
S&P 500 1,190.47 -5.29 (-0.44%)
10-Yr Bond 44.78 +0.15 (+0.34%)
NYSE Volume 1,037,393,000
Nasdaq Volume 748,683,000

11:30AM: Joining the S&P and Nasdaq, the Dow returns to the red...

Helping to limit the bluechip average's slide, though, is Coca-Cola (KO 42.64 +0.84), and, on the back of its third quarter earnings report, the Consumer Staples sector has maintained its positive stance over the course of the morning. With earnings of $0.57 per share, the Dow component surpassed analysts' estimates by $0.04, while also reporting higher than expected sales. To that end, the S&P's softdrink segment offers a 1.4% gain and has risen to the market's top-ten list. Extending further support within the Staples sector are drug retailers; most notably, CVS (CVS 26.54 +0.53) has jumped 2.0%. NYSE Adv/Dec 1206/1794, Nasdaq Adv/Dec 1131/1605