TSC 21: Index Edges Lower in Ho-Hum Session
TheStreet.com 21 began the week where it ended Friday: in the doldrums, with 15 out of 21 components in the index ending lower.
The TSC 21 fell 1.05 points, or 0.1%, to 1053.4 even as July's existing home sales economic data topped analysts' consensus. The move reflected the broader market, where the
Dow Jones Industrial Average
lost 31.23 points, or 0.3%, to 9,317.64 while the
Nasdaq
ended down 1.01 points, or 0.06%, to 1,764.31.
Among individual stocks,
Solectron
( SLR) was the big loser, falling 17 cents, or 3%, to $5.58.
Caterpillar
(CAT)
was downgraded by Legg Mason, which helped its shares shed $2.03, or 2.8%, to $69.66, and
Manpower
(MAN)
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also lost $1.07, or 2.7%, to $37.92.
The winner of the day was tech giant
Cisco
(CSCO)
which gained 19 cents, or 1.01%, to $18.98, followed by
E*Trade
(ET)
and
Continental
(CAL)
. The former rose 9 cents, or 0.6%, at $14.40, and the latter was up 6 cents, or 0.7%, to $9.11.
Overall, the index is up 53.40 points, or 5.3%, from its start at 1000 on July 3.
Want to know more about the TSC 21? Click here for an introduction, here to view the latest stories and here to view the entire chart of TheStreet.com 21 components, including the reasons for their inclusion.
What do you think about the TheStreet.com 21 index? Email us at twocents@thestreet.com.
