Dow 13,255.15 -34.14 (-0.26%) Nasdaq 2,574.55 +11.39 (+0.44%)...

Dow 13,255.15 -34.14 (-0.26%)
Nasdaq 2,574.55 +11.39 (+0.44%)


The major averages are now trading in split fashion, spearheaded by a turnaround in Technology. As evidenced by the Nasdaq clawing its way into positive territory, it's not unusual to see improvements in the tech sector as the biggest reasons for the tech-heavy Composite's turnaround. Follow-through momentum in Apple (AAPL 136.56 +2.48), which surged 5.7% yesterday, is having the most noticeable impact.

The Dow has more than halved its opening stumble as the Energy and Materials sectors have also turned the corner to provide some semblance of support in the face of a 1.2% sell-off in Financials. The latter is this morning's worst performing sector and, since it's the most heavily weighted, the absence of its leadership is contributing the bulls' uphill battle to extend yesterday's short-covering bounce. DJ30 -47.80 NASDAQ +0.53 SP500 -4.79 NASDAQ Dec/Adv/Vol 1654/753/140 mln NYSE Dec/Adv/Vol 2171/575/66 mln