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

Headline Indices

The Dow Jones Industrial Average finished the session at 13,117.51 points, a change of +21.34 points (0.16%) for the session.

The session high was 13,187.28 points, while the low was down at 13,099.72 points.

Total volume traded in the 30 components of the index was 487.6m shares. Advancers outpaced decliners by 1.7 to one, with 19 advancers to 11 decliners. Advancing volume exceeded declining volume by 409.33m to 78.27m shares. The biggest gainers (percentage-wise) were –

  • Citigroup (C) +1.16 (4.2%) to $28.56 on volume of 38.15m shares;
  • Bank Of America (BAC) +0.21 (2.8%) to $7.64 on volume of 109.01m shares;
  • AIG (AIG) +0.75 (2.4%) to $32.09 on volume of 61.83m shares;
  • Hewlett-Packard (HPQ) +0.43 (2.4%) to $18.69 on volume of 14.18m shares; and
  • Caterpillar (CAT) +1.33 (1.6%) to $86.35 on volume of 5.91m shares.

&n bsp;

The S&P500 Index advanced +3.24 points (0.23%) to 1394.23 points..

Total volume traded in the 500 components of the index was 1.96bn shares. Advancers outpaced decliners by 1.4 to one, with 255 advancers to 186 decliners. Advancing volume exceeded declining volume by 1.33bn to 619.58m shares. The biggest gainers (percentage-wise) were –

  • MGIC Investment (MTG) +0.1436 (17.1%) to $0.9836 on volume of 14.11m shares;
  • Best Buy Co.Inc. (BBY) +2.35 (13.3%) to $19.99 on volume of 49.53m shares;
  • Cognizant Technology Solutions (CTSH) +6.35 (11%) to $64.21 on volume of 8.84m shares;
  • AK Steel Holding Corp. (AKS) +0.37 (7.5%) to $5.28 on volume of 10.54m shares; and
  • United States Steel Corp. (X) +1.22 (5.6%) to $22.94 on volume of 11.38m shares.

The Nasdaq Composite gained +22.01 points (0.74%) to 2989.91 points. while the Nasdaq100 gained +18.09 points (0.68%) to 2694.09 points..

Total volume t raded in the 100 components of the index was 492.6m shares. Advancers outpaced decliners by 2.2 to one, with 62 advancers to 28 decliners. Advancing volume exceeded declining volume by 403.47m to 89.13m shares. The biggest gainers (percentage-wise) were –

  • NII Holdings (NIHD) +1.28 (18.8%) to $8.08 on volume of 15.87m shares;
  • Cognizant Technology Solutions (CTSH) +6.35 (11%) to $64.21 on volume of 8.84m shares;
  • Focus Media Holding (FMCN) +1.25 (6.3%) to $21.08 on volume of 3.48m shares;
  • Leap Wireless International (LEAP) +0.3 (5.7%) to $5.52 on volume of 2.69m shares; and
  • Vertex Pharmaceuticals (VRTX) +2.6 (5.3%) to $51.94 on volume of 2.54m shares.

Volatility

The CBOE Volatility Index rose +0.31 points (1.98%) to 15.95 points. and the CBOE Nasdaq100 Volatility Index rose +0.11 points (0.63%) to 17.57 points..

Breadth and Internals

A total of 3185 issues traded today on the NYSE; today’s total volume was 2.94bn shares. A total of 1935 stocks posted gains for the day, and volume in advancing issues totalled 1.93bn shares. Exerting downwards pressure on the index were 1130 losers, which accounted for a total declining volume of 0.98bn shares. 209 stocks made new 1-year highs on the NYSE, while 13 shares plumbed new 52-week depths.

On the Nasdaq 2580 tickers traded today; total Nasdaq volume was 1.49bn shares. A total of 1542 stocks posted gains for the day, with aggregate volume of 1.14bn shares changing hands in the day’s winners. The red zone of the Nasdaq exchange comprised 909 losers, and total declining volume was 0.34bn shares. 81 Nasdaq-listed stocks hit new 52-week highs, while 36 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 1394.23 +3.24 0.23%
Nasdaq Composite 2989.91 +22.01 0.74%
Nasdaq100 2694.09 +18.09 0.68%
CBOE Volatility Index 15.95 +0.31 1.98%
CBOE Nasdaq100 Volatility Index 17.57 +0.11 0.63%

Dow Darlings

  • Bank Of America (BAC) +0.21 (2.8%) to $7.64 on volume of 109m units
  • Hewlett-Packard (HPQ) +0.43 (2.4%) to $18.69 on volume of 14.2m units
  • Caterpillar (CAT) +1.33 (1.6%) to $86.35 on volume of 5.9m units
  • Alcoa (AA) +0.13 (1.6%) to $8.5 on volume of 17.3m units
  • Du Pont (DD) +0.69 (1.4%) to $50.16 on volume of 3.8m units

Dow Duds:

  • American Express (AXP) -0.51 (0.9%) to $57.1 on volume of 3.8m units
  • Home Depot (HD) -0.29 (0.6%) to $52 on volume of 6.7m units
  • Johnson & Johnson (JNJ) -0.28 (0.4%) to $68.84 on volume of 7.9m units
  • Wal-Mart (WMT) -0.27 (0.4%) to $74.28 on volume of 5.7m units
  • 3M Co (MMM) -0.29 (0.3%) to $91.41 on volume of 1.7m units

Most Traded Dow stocks:

  • Bank Of America (BAC) +0.21 (2.8%) to $7.64 on volume of 109m units
  • General Electric (GE) +0.01 (0%) to $20.97 on volume of 33.2m units
  • Microsoft (MSFT) +0.2 (0.7%) to $29.95 on volume of 27.3m units
  • Intel (INTC) +0.08 (0.3%) to $26.31 on volume of 24.4m units
  • Pfizer (PFE)-0.02 (0.1%) to $24.26 on volume of 24.1m units
Precious Metals

Preciou s metals futures performed as follows –

Precious Metals Futures
Commodity Close Gain(Loss) %
Gold 1616.2 6.9 0.43
Silver 27.863 0.062 0.22
Palladium 579.55 1.35 0.23
Platinum 1401.9 -12.5 -0.88

The Gold Bugs index (XAU) advanced 3.77 points (2.51%) to 154.1 points. Total volume traded in the 16 components of the index was 60.24m shares. Not a single stock declined withinin the index: 16 of the 16 index components rose, with total upside volume of 60.24mshares. The biggest gainers (percentage-wise) were –

  • Coeur d’Alene (CDE) +1.3 (8.1%) to $17.43 on volume of 2m shares;
  • Silver Stand Resources (SSRI) +0.6 (4.8%) to $13.16 on volume of 0.71m shares;
  • Pan-American Silver (PAAS) +0.61 (4.1%) to $15.51 on volume of 1.25m shares;
  • Newmnt Mining (NEM) +1.45 (3.2%) to $46.12 on volume of 5.05m shares; and
  • Agnico Eagle Mines (AEM) +1.16 (2.7%) to $44.81 on volume of 1.88m shares.
Energy Complex

Energy futures performed as follows –

Energy Futures
Commodity Close Gain(Loss) %
Crude Oil 92.2 0.8 0.88
Heating Oil 2.9409 0.0148 0.51
Natural Gas 2.908 0.031 1.08
Gasoline RBOB 2.9222 -0.0088 -0.3

The Oil Services index (OSX) gained 1.12 points (0.51%) to 222.87 points. Total volume traded in the 15 components of the index was 39.5m shares. Advancers outpaced decliners by 3 to one, with 9 advancers to 3 decliners. Advancing volume exceeded declining volume by 35.48m to 4.01m shares. The biggest gainers (percentage-wise) were –

  • Nabors Industries (NBR) +0.51 (3.7%) to $14.45 on volume of 7.25m shares;
  • Weatherford International (WFT) +0.38 (3.2%) to $12.26 on volume of 8.65m shares;
  • Transocean Inc (RIG) +0.24 (0.5%) to $48.99 on volume of 2.25m shares;
  • Baker Hughes (BHI) +0.19 (0.4%) to $47.17 on volume of 1.87m shares; and
  • National Oilwell Varco (NOV) +0.18 (0.2%) to $75.54 on volume of 2.12m shares.
Currency Futures

Currency futures performed as follows –

Currency Futures
Index Close Gain(Loss) %
U.S. Dollar Index 82.305 -0.141 -0.17
Euro FX 1.24 0.0018 0.15

Bellwethers

The nine-stock group that makes up the Rant bellwethers advanced on average by 0.7%. The fallout occurred as follows:

  • General Electric (GE) +0.01 (0.05%) to $20.97 on volume of 33.21m units.
  • Citigroup (C) +1.16 (4.23%) to $28.56 on volume of 38.16m units.
  • Wal-Mart (WMT) -0.27 (0.36%) to $74.28 on volume of 5.72m units.
  • IBM (IBM) +0.24 (0.12%) to $198.76 on volume of 2.17m units.
  • Intel (INTC) +0.08 (0.3%) to $26.31 on volume of 24.44m units.
  • Cisco Systems (CSCO) +0.34 (2.08%) to $16.69 on volume of 31.93m units.
  • Google (GOOG) +1.49 (0.23%) to $642.82 on volume of 1.77m 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) rose 0.06 points (0.13%) to 46.12 points. Total volume traded in the 24 components of the index was 247.67m shares. Decliners outpaced gainers by 2 to one, with 14 decliners to 7 advancers; however advancing volume exceeded declining volume by 189.88m shares to 57.8m. The biggest gainers (percentage-wise) were –

  • Citigroup Inc (C) +1.16 (4.2%) to $28.56 on volume of 38.15m shares;
  • Bank Of America (BAC) +0.21 (2.8%) to $7.64 on volume of 109.01m shares;
  • Regions Financial (RF) +0.07 (1%) to $7 on volume of 12.08m shares;
  • People’s United (PBCT) +0.1 (0.9%) to $11.65 on volume of 2.66m shares; and
  • JPMorganChase (JPM) +0.21 (0.6%) to $36.3 on volume of 17.03m shares.

The Semiconductor index (SOX) added 1.98 points (0.51%) to 392.08 points. Total volume traded in the 18 components of the index was 133.64m shares. Advancers outpaced decliners by 1.3 to one, with 9 advancers to 7 decliners. Advancing volume exceeded declining volume by 83.84m to 49.8m shares. The biggest gainers (percentage-wise) were –

  • Micron Technology (MU) +0.24 (3.8%) to $6.57 on volume of 26.75m shares;
  • ST Microelectronic (STM) +0.12 (2.1%) to $5.73 on volume of 1.11m shares;
  • Linear Technology (LLTC) +0.27 (0.8%) to $32.73 on volume of 1.69m shares;
  • Applied Materials (AMAT) +0.06 (0.5%) to $11.28 on volume of 11.09m shares; and
  • Taiwan Semiconductor (TSM) +0.06 (0.4%) to $14.24 on volume of 12.24m shares.

The ChildKiller (“Defence”) index (DFX) fell 0.14 points (0.04%) to 378.41 points. Total volume traded in the 17 components of the index was 49.9m shares. Advancers and decliners were split evenly, 8 decliners to 8 advancers. Advancing volume exceeded declining volume by 41.93m shares to 7.97m. The main decliners (in percentage terms) were –

  • Gencorp (GY) -0.17 (2.1%) to $7.97 on volume of 0.57m shares;
  • L-3 Holdings (LLL) -1 (1.4%) to $68.79 on volume of 0.5m shares ;
  • Teledyne Tech (TDY) -0.45 (0.7%) to $63.78 on volume of 0.16m shares;
  • Lockheed Martin (LMT) -0.4 (0.4%) to $88.99 on volume of 0.77m shares; and
  • Rockwell Collins (COL) -0.16 (0.3%) to $50.64 on volume of 0.59m shares.