Market Stays Stuck in Mud into Home Stretch
Stocks are still mired in negative territory, but off their lows, as the session creeps into the now-infamous last hour of trading.
The
Dow Jones Industrial Average
was recently down 67 to 7715. The
S&P 500
has dropped 7 to 984. The
Nasdaq Composite Index
has fallen 14 to 1579, while the small-cap
TheStreet Recommends
Russell 2000
has suffered a loss of 5 to 348.
Despite a decidedly weak U.S. dollar, the Treasury market is firm today, thanks for the most part to stock-market weakness. The 30-year Treasury bond was up 13/32 to 102 26/32, yielding 5.31%.
On the
New York Stock Exchange
, decliners were beating advancers 2,013 to 1,026 on volume of 647 million shares, while on the
Nasdaq Stock Market
, decliners were beating advancers 2,750 to 1,392 on volume of 565 million shares.
On the NYSE, 371 issues have made new lows while only 6 have made new highs. On the Nasdaq, 457 new lows have been hit while new highs also totaled 6.
