Stock Market Watch

Stocks Mixed in Early Trading

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Stocks are mixed in early trading today as investors digest earnings reports and economic data. Stocks had risen sharply on Tuesday following reports that France and Germany agreed to increase the size of the bailout fund.

At last check, the Dow Jones was trading 0.35% higher at 11,618.11, the S&P 500 was trading 0.23% higher at 1,228.19, and the Nasdaq was trading 0.40% lower at 2,646.92.


Basic Materials stocks have been worst performers in early trading today. At last check, Basic Materials stocks were trading 0.98% lower. Technology stocks have also fallen sharply in early trading today. At last check, Technology stocks were trading 0.73% lower. Utilities have been the best performers in early trading. At last check, Utilities were trading 1.05% higher. Financials are also climbing for a second straight day. At last check, Financials were trading 0.55% higher.

Among the major gainers and losers in early trading today are Abbott Laboratories (NYSE: ABT), which is currently trading 3.76% higher at $54.41, Comerica Incorporated (NYSE: CMA), which is currently trading 8.47% lower at $23.66, Intel Corporation (NASDAQ: INTC), which is currently trading 4.11% higher at $24.36, BlackRock Inc. (NYSE: BLK), which is currently trading 2.99% lower at $151.63, The Travelers Companies Inc. (NYSE: TRV), which is currently trading 4.84% higher at $53.95, Apple Inc. (NASDAQ: AAPL), which is currently trading 4.51% lower at $403.21, and Apollo Group Inc. (NASDAQ: APOL), which is currently trading 9.16% higher at $47.30.

Earlier today, a report released by the Labor Department showed consumer prices in the U.S. rose in the month of September. The figures released by the Labor Department showed that consumer prices rose 0.3% in September, in-line with estimates. Core consumer prices, which exclude volatile food and energy costs, meanwhile, rose 0.1% in September, compared with forecast of an increase of 0.2%.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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