Reply #51: Stocks suffer from anemia... bleeding all over the place. [View All]

[ozymandius]

11:45
Dow 11,099.31 -42.02 (-0.38%)
Nasdaq 2,314.52 -18.75 (-0.80%)
S&P 500 1,289.09 -7.51 (-0.58%)
10-Yr Bond 49.42 -0.21 (-0.42%)
NYSE Volume 876,733,000
Nasdaq Volume 977,990,000

11:30 am : Market bounces off session lows but selling remains widespread across most areas. Treasuries, though, have extended yesterday's recovery efforts, as the yield on the 10-yr note, which came within reach of 5% Friday, has fallen to 4.93%. Nonetheless, the improvement in borrowing costs has had little impact whatsoever on underlying sentiment as market internals still suggest a very negative tone. DJ30 -38.02 NASDAQ -18.15 SP500 -6.78 NASDAQ Dec/Adv/Vol 2105/719/902 mln NYSE Dec/Adv/Vol 2157/880/560 mln

11:00 am : Major indices extend their reach into negative territory as geopolitical concerns centered on Iran's nuclear ambitions heat up over the last 30 minutes. In particular, former Iranian President Rafsanjani told Kuwait's Kuna that Iran is producing enriched uranium from 164 centrifuges. The news has rattled an already cautious underlying tone, prompted broad-based consolidation and sent the Dow to a new four-week low. DJ30 -54.35 NASDAQ -22.51 SP500 -8.12 NASDAQ Dec/Adv/Vol 1955/791/728 mln NYSE Dec/Adv/Vol 1944/1025/448 mln