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Wall Street Gets Back to Basics as Tech-Led Rally Pauses

 

Tech, schmech.

Today it was all about rallying basic materials and energy stocks, with money rotating into those areas and out of recent winning sectors, notably tech. Oil, oil service, paper and gold mining stocks were among the sectors sporting steep gains. Chemical stocks also posted a nice upside hop.

Major Indices
INDEX CHANGE % VALUE YR TO DATE
Dow -101.53 -0.95% 10,617.32 +15.6%
S&P 500 -11.73 -0.83% 1365.28 +11.1%
Nasdaq -18.93 -0.60% 3125.04 +42.5%
Russell 2000 1.21 0.27% 446.28 +5.8%
TSC Internet -1.89 -0.22% 839.01 +106.4%
TSC Red Hots
-1.48		 -0.5% 285.46 N/A
BOND CHANGE PRICE YIELD
30-Year Treasury -9/32 100 22/32 6.074%
...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,452.68 1,109.24 2,185.03 33.23
Oil *
78.71
DOWN
18.90
UP
0.38
UP
9.22
UP
0.48
10 Yr
3.32%
SPDR Gold
119.18
-0.18%
+0.03%
+0.42%
+1.47%
Data delayed 20 minutes

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