There was no economic data of note released in the region today.

Headline Indices

The Dow Jones Industrial Average finished the session at 13,169.43 points, a change of -38.52 points (-0.29%) for the session.

The session high was 13,205.01 points, while the low was down at 13,112.94 points.

Total volume traded in the 30 components of the index was 316.73m shares. Decliners outpaced gainers by 5 to one, with 25 decliners to 5 advancers. Declining volume was greater than advancing volume by 284.97m to 31.76m shares. The main decliners (in percentage terms) were –

  • Alcoa (AA) -0.15 (1.7%) to $8.83 on volume of 10.17m shares;
  • Pfizer (PFE) -0.22 (0.9%) to $23.72 on volume of 20.88m shares;
  • Du Pont (DD) -0.42 (0.8%) to $50.23 on volume of 2.63m shares;
  • Verizon (VZ) -0.33 (0.7%) to $44.27 on volume of 6.16m shares; and
  • Intel (INTC) -0.19 (0.7%) to $26.69 on volume of 23.32m shares.

 

The S&P500 Index fell 1.76 points (0.13%) to 1404.11 points..

Total volume traded in the 500 components of the index was 1.56bn shares. Decliners outpaced gainers by 1.9 to one, with 290 decliners to 149 advancers. Declining volume was greater than advancing volume by 1.01bn to 534.47m shares. The main decliners (in percentage terms) were –

  • AK Steel Holding Corp. (AKS) -0.31 (5.2%) to $5.63 on volume of 5.17m shares;
  • Weatherford International Ltd. (WFT) -0.51 (3.9%) to $12.47 on volume of 6.45m shares;
  • Office Depot (ODP) -0.06 (3.7%) to $1.58 on volume of 5.33m shares;
  • Chesapeake Energy (CHK) -0.62 (3.2%) to $19.06 on volume of 13.75m shares; and
  • Penney (J.C.) (JCP) -0.73 (3.1%) to $22.67 on volume of 11.12m shares.

The Nasdaq Composite rose +1.66 points (0.05%) to 3022.52 points. while the Nasdaq100 rose +5.72 points (0.21%) to 2728.68 points..

Total volume traded in the 100 components of the index was 470.56m shares. Decliners outpaced gainers by 2.6 to one, with 63 decliners to 24 advancers. Declining volume was greater than advancing volume by 298.54m to 168.17m shares. The biggest gainers (percentage-wise) were –

  • Focus Media Holding (FMCN) +2.07 (8.9%) to $25.45 on volume of 15.07m shares;
  • Sears Holdings (SHLD) +2.94 (5.7%) to $54.36 on volume of 1.62m shares;
  • eBay (EBAY) +1.33 (3%) to $45.32 on volume of 16.19m shares;
  • Google (GOOG) +18.01 (2.8%) to $660.01 on volume of 3.26m shares; and
  • Intuitive Surgical (ISRG) +9.73 (2%) to $508.31 on volume of 0.35m shares.

Volatility

The CBOE Volatility Index dipped 1.01 points (6.85%) to 13.73 points. and the CBOE Nasdaq100 Volatility Index fell 1.47 points (9.25%) to 14.42 points..

Breadth and Internals

A total of 3183 issues traded today on the NYSE; today’s total volume was 2.34bn shares. A total of 1138 stocks posted gains for the day, and volume in advancing issues totalled 0.82bn shares. Exerting downwards pressure on the index were 1918 losers, which accounted for a total declining volume of 1.47bn shares. 89 stocks made new 1-year highs on the NYSE, while 26 shares plumbed new 52-week depths.

On the Nasdaq 2557 tickers traded today; total Nasdaq volume was 1.32bn shares. A total of 1051 stocks posted gains for the day, with aggregate volume of 0.58bn shares changing hands in the day’s winners. The red zone of the Nasdaq exchange comprised 1377 losers, and total declining volume was 0.72bn shares. 42 Nasdaq-listed stocks hit new 52-week highs, while 39 share s dipped to new 1-year lows.

Major Market Statistics
Index Close Gain(Loss) %
Dow Jones Industrial Average 0.00 N/A 0%
S&P500 Index 1404.11 -1.76 -0.13%
Nasdaq Composite 3022.52 +1.66 0.05%
Nasdaq100 2728.68 +5.72 0.21%
CBOE Volatility Index 13.73 -1.01 -6.85%
CBOE Nasdaq100 Volatility Index 14.42 -1.47 -9.25%

Dow Darlings

  • American Express (AXP) +0.28 (0.5%) to $56.13 on volume of 3.3m units
  • Disney Corp (DIS) +0.21 (0.4%) to $49.86 on volume of 4.4m units
  • 3M Co (MMM) +0.11 (0.1%) to $92.4 on volume of 1.8m units
  • JPMorganChase (JPM) +0.02 (0.1%) to $36.99 on volume of 12.5m units

Dow Duds:

  • Alcoa (AA) -0.15 (1.7%) to $8.83 on volume of 10.2m units
  • Pfizer (PFE) -0.22 (0.9%) to $23.72 on volume of 20.9m units
  • Du Pont (DD) -0.42 (0.8%) to $50.23 on volume of 2.6m units
  • Verizon (VZ) -0.33 (0.7%) to $44.27 on volume of 6.2m units
  • Intel (INTC) -0.19 (0.7%) to $26.69 on volume of 23.3m units

Most Traded Dow stocks:

  • Bank Of America (BAC)-0.02 (0.3%) to $7.72 on volume of 54m units
  • General Electric (GE)-0.11 (0.5%) to $20.99 on volume of 25.5m units
  • Intel (INTC)-0.19 (0.7%) to $26.69 on volume of 23.3m units
  • Microsoft (MSFT)-0.03 (0.1%) to $30.39 on volume of 22.2m units
  • Pfizer (PFE)-0.22 (0.9%) to $23.72 on volume of 20.9m units
Precious Metals

Precious metals future s performed as follows –

Precious Metals Futures
Commodity Close Gain(Loss) %
Gold 1612.6 -10.2 -0.63
Silver 27.767 -0.295 -1.05
Palladium 574.7 -7.5 -1.29
Platinum 1392.8 -7.1 -0.51

The Gold Bugs index (XAU) lost 2.32 points (1.46%) to 156.05 points. Total volume traded in the 16 components of the index was 52.98m shares. Decliners outpaced gainers by 4.3 to one, with 13 decliners to 3 advancers. Declining volume was greater than advancing volume by 47.4m to 5.59m shares. The main decliners (in percentage terms) were –

  • Silver Stand Resources (SSRI) -0.31 (2.4%) to $12.7 on volume of 0.6m shares;
  • Kinroos Gold (KGC) -0.19 (2.3%) to $8.05 on volume of 8.04m shares;
  • Freeport McMoran (FCX) -0.83 (2.3%) to $35.48 on volume of 14.32m shares;
  • Yamana Gold (AUY) -0.28 (1.8%) to $15.08 on volume of 4.18m shares; and
  • RandGold Resources (GOLD) -1.52 (1.5%) to $97.89 on volume of 0.34m shares.
Energy Complex

Energy futures performed as follows –

Energy Futures
Commodity Close Gain(Loss) %
Crude Oil 93.03 -0.12 -0.13
Heating Oil 3.0183 -0.0022 -0.07
Natural Gas 2.988 -0.039 -1.29
Gasoline RBOB 2.9907 -0.0132 -0.44

The Oil Services index (OSX) declined 2.2 points (0.96%) to 226.68 points. Total volume traded in the 15 components of the index was 37.03m shares. Decliners outpaced gainers by 4.5 to one, with 9 decliners to 2 advancers. Declining volume was greater than advancing volume by 26.16m to 9.88m shares. The main decliners (in percentage terms) were –

  • Weatherford International (WFT) -0.51 (3.9%) to $12.47 on volume of 6.45m shares;
  • Tidewater (TDW) -0.77 (15%) to $49.43 on volume of 0.43m shares;
  • Baker Hughes (BHI) -0.7 (1.4%) to $47.99 on volume of 2.27m shares;
  • National Oilwell Varco (NOV) -0.89 (1.2%) to $76.47 on volume of 2.07m shares; and
  • Rowan Co (RDC) -0.32 (0.9%) to $35.4 on volume of 0.66m shares.
Currency Futures

Currency futures performed as follows –

Currency Futures
Index Close Gain(Loss) %
U.S. Dollar Index 82.475 -0.156 -0.19
Euro FX 1.2338 0.0041 0.33

Bellwethers

The nine-stock group that makes up the Rant bellwethers declined on average by 0.1%. The fallout occurred as follows:

  • General Electric (GE) -0.11 (0.52%) to $20.99 on volume of 25.45m units.
  • Citigroup (C) -0.12 (0.42%) to $28.78 on volume of 21.24m units.
  • Wal-Mart (WMT) -0.28 (0.38%) to $73.40 on volume of 5.71m units.
  • IBM (IBM) -0.28 (0.14%) to $199.01 on volume of 2.25m units.
  • Intel (INTC) -0.19 (0.71%) to $26.69 on volume of 23.32m units.
  • Cisco Systems (CSCO) -0.2 (1.14%) to $17.34 on volume of 33.39m units.
  • Google (GOOG) +18.01 (2.81%) to $660.01 on volume of 3.26m units.
  • Fannie Mae (FNM) -0 (0%) to $0.00 on volume of 0m units.
  • Freddie Mac (FRE) -0 (0%) to $0.00 on volume of 0m units.
Other Indices of Interest…

The Banks index (BKX) dropped 0.06 poi nts (0.13%) to 46.55 points. Total volume traded in the 24 components of the index was 146.78m shares. Decliners outpaced gainers by 1.3 to one, with 12 decliners to 9 advancers. Declining volume was greater than advancing volume by 102.84m to 43.94m shares. The main decliners (in percentage terms) were –

  • Keycorp (KEY) -0.09 (1.1%) to $8.25 on volume of 5.8m shares;
  • Capital One Financial (COF) -0.51 (0.9%) to $55.59 on volume of 2.24m shares;
  • Zions Bancorp (ZION) -0.14 (0.7%) to $18.73 on volume of 1.64m shares;
  • PNC Financial (PNC) -0.31 (0.5%) to $60.42 on volume of 1.1m shares; and
  • Citigroup Inc (C) -0.12 (0.4%) to $28.78 on volume of 21.24m shares.

The Semiconductor index (SOX) slid 3.55 points (0.87%) to 402.41 points. Total volume traded in the 18 components of the index was 101.95m shares. Decliners outpaced gainers by 15 to one, with 15 decliners to 1 advancers. Declining volume was greater than advancing volume by 100.71m to 1.24m shares. The main decliners (in percentage terms) were –

  • ST Microelectronic (STM) -0.12 (2%) to $5.9 on volume of 1.09m shares;
  • Advanced Micro Devices (AMD) -0.08 (1.8%) to $4.26 on volume of 12.45m shares;
  • National Semiconductor (NSM) -0.32 (1.2%) to $25.31 on volume of 0.66m shares;
  • Taiwan Semiconductor (TSM) -0.18 (1.2%) to $14.31 on volume of 7.96m shares; and
  • Sandisk (SNDK) -0.5 (1.2%) to $40.9 on volume of 2.94m shares.

The ChildKiller (“Defence”) index (DFX) fell 0.25 points (0.07%) to 384.34 points. Total volume traded in the 17 components of the index was 39.32m shares. Decliners outpaced gainers by 1.7 to one, with 10 decliners to 6 advancers. Declining volume was greater than advancing volume by 33.56m to 5.76m shares. The main decliners (in percentage terms) were –

  • Embraer Empresa (ERJ) -0.41 (1.6%) to $25.7 on volume of 0.74m shares;
  • L-3 Holdings (LLL) -1.1 (1.6%) to $69.29 on volume of 0.59m shares;
  • FLIRr Systems (FLIR) -0.29 (1.4%) to $20.79 on volume of 1.01m shares;
  • Esterline Tech (ESL) -0.47 (0.9%) to $54.11 on volume of 0.13m shares; and
  • Teledyne Tech (TDY) -0.35 (0.5%) to $63.84 on volume of 0.09m shares.