A revenue miss from Oracle (ORCL Quote) and continued trouble in the financial sector held U.S. stocks back Thursday. The Dow declined 0.2%, the S&P 500 lost 1.2%, and the Nasdaq fell 0.9%.
On CNBC's "Fast Money" TV show, Pete Najarian observed strength in the solar sector. He also pointed out that the Energy Select SPDR (XLE Quote) and the Oil Services HOLDRS (OIH Quote) pulled back despite oil prices soaring above $107 a barrel. He also noted that steel names, which had been performing well this week, "took it on the chin" late in the day.
Karen Finerman said she saw more volatility in the market today. Tim Seymour observed that debt was down, the dollar was up, and equities were down today. He said that the fixed-income market may be lower for technical reasons. Liquidity is not there for the markets, he said. He said concern in financials has returned.
3 Stocks I Saw On TV |
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
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UP
20.63
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UP
6.40
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UP
31.64
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UP
0.59
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10 Yr
3.55%
SPDR Gold
108.95
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+0.20%
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+0.58%
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+1.45%
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+1.69%
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