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After Early, PPI-Driven Rally, Stocks Little Changed at Midday

 

Today's benign Producer Price Index gave this market exactly what it was looking for: a great reason to continue rallying and put its money back to work.

Last week's employment data provided a healthy kick of optimism, but Wall Street was waiting for today's numbers to confirm this sentiment. All major indices bucked up at the open, but had fallen back by midsession and were now only a bit higher.

Major Indices
INDEX CHANGE%VALUE
Dow
-5.92
-0.06% 10,662.80
S&P 500
-1.05
-0.07% 1460.62
Nasdaq
34.40
-0.90% 3859.96
Russell 2000
5.54
+1.08% 520.10
TSC Internet
19.40
+2.12% 946.00
NOTECHANGEPRICEYIELD
10-Year Treasury
1/32
102 22/32 6.336%
...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,390.11 1,103.25 2,189.61 34.48
Oil *
76.70
UP
1.21
DOWN
2.73
DOWN
4.74
DOWN
0.35
10 Yr
3.45%
SPDR Gold
113.11
+0.01%
-0.25%
-0.22%
-1.00%
Data delayed 20 minutes

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