Reply #30: 11:01 EST struck an artery [View All]

[UpInArms]

Dow 12,918.98 73.68 (0.57%)
Nasdaq 2,507.32 26.41 (1.04%)
S&P 500 1,415.82 7.75 (0.54%)
10-Yr Bond 3.79% 0.053

NYSE Volume 1,178,687,000
Nasdaq Volume 760,453,750

10:30 am : The stock market has moved lower. Seven of the ten economic sectors are trading with losses.

The tech-rich Nasdaq is trading with the largest loss. Index component Apple (AAPL 187.91, -1.82) has taken a sharp downturn. The company announced earlier today it has signed a deal with French wireless carrier Orange to sell Apple's popular iPhone in the Middle-East, Africa, and select countries throughout Europe.DJ30 -27.85 NASDAQ -17.83 SP500 -3.34 NASDAQ Dec/Adv/Vol 1644/898/582.38 mln NYSE Dec/Adv/Vol 1673/1183/401.00 mln

10:00 am : The stock market continues to trend along the unchanged mark. Nearly 60% of the S&P 500 components are trading lower.

The preliminary May consumer sentiment survey from the University of Michigan came in at 59.5. Economists were expecting a reading of 62.0. The prior reading came in at 62.6.

Despite positive earnings surprises from Nordstrom (JWN 37.92, +0.63), Kohl's (KSS 49.02, -1.47), and Abercrombie & Fitch (ANF 76.79, 0.71), the S&P 500 Retailing Index is trading noticeably lower. The index is currently down 1.6%.DJ30 -16.69 NASDAQ -9.65 SP500 -1.36 NASDAQ Dec/Adv/Vol 1459/966/388.72 mln NYSE Dec/Adv/Vol 1534/1241/316.76 mln