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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.


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

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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.