Reply #99: 10:08 EST bad numbers [View All]

[UpInArms]

Dow 8,629.12 113.34 (1.30%)
Nasdaq 1,583.43 33.58 (2.08%)
S&P 500 895.71 14.02 (1.54%)
10-Yr Bond 2.459% 0.014

NYSE Volume 741,965,375
Nasdaq Volume 309,327,312.5

10:00 am : Crude oil futures are down roughly 3.6% to $40.20 per barrel. The early declines come on top of the losses incurred earlier in the week. Week-to-date, oil futures have shed roughly 13%.

Natural gas has slipped roughly 2% to trade at $5.47 per contract. It was down to $5.53 per contract in overnight action.

With oil and natural gas under pressure, the energy sector is down 2.0% as 37 of the 39 companies in the S&P 500 energy sector trade with a loss. Week-to-date the energy sector is down just 2.8%.

Gold is down 0.9% to $847.00 per ounce, while silver is down modestly to $11.05 per ounce.

Gold's downturn cuts into the prior session's advance. Gold is still up 1.2% for the past two sessions. Week-to-date, however, gold is down 3.2%.

Gold's reversal has also undercut recent gains made by Yamana (AUY 6.99, -0.17) and Newmont (NEM 37.35, -0.40).

Early Movers: Trading up: AMOT +72.5%, PALM +19.6%, TBV +18.8%, SNX +18.6%, IHS +18.0%, MDRX +12.9%, HWAY +12.7%, FRD +12.1%, S +10.9%, APOL +10%, DRYS +9.5%, IO +9.2%, YRCW +9.2%, SYK +8.8%... Trading down: OREX -23.8%, LEN -18.8%, BPZ -16%, GBX -15.4%, EBS -13.8%, ANDS -9.8%, PAS -9.1%, CVS -8.6%, ATMI -8.3%, SLT -8%, COH -7.8%, HOMB -7.7%, JBLU -7.5%.DJ30 -112.62 NASDAQ -36.08 SP500 -14.24 NASDAQ Adv/Vol/Dec 528/298 mln/1744 NYSE Adv/Vol/Dec 635/150 mln/2119