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8-26-08

The Dow is up 0.08% at 11396, the S&P is up 0.2% to 1270, and the Nasdaq is down 0.09% to 2364. Leading sectors include: Thrifts and Mortgages +4.0%, Oil and Gas Exploration +3.6%, Gas Utilities +3.1%, Apparel and Accessories +3.0%, and Oil and Gas Storage and Transportation +2.1%. Lagging sectors include Consumer Electronics -2.7%, Trucking -2.2%, Specialized Finance -2.0%, Electronic Computers and Equipment -2.0%, and Auto Manu -1.5%. The morning action came from lower than avg volume (NYSE 351, vs. 496 avg, Nasdaq 689, vs. 856 avg), advancers outpacing decliners (NYSE 1943/1317, NASDAQ 1502/1141, and with new lows outpacing new highs (NYSE 11/93, Nasdaq 33/71).

Posted: 8/26/2008 3:06:13 PM by StockMarketFunding | with 0 comments


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