Market news
12.07.2011, 16:36

Dow +23.54 at 12529.30, Nasdaq -1.05 at 2800.65, S&P +2.64 at 1322.13

Both the Dow and S&P 500 have poked back into positive territory, but the Nasdaq has been unable to make any kind of gain at all this session. Semiconductor stocks have been a heavy drag on the tech-rich Nasdaq, but large-cap tech names like Google (GOOG 534.22, +6.94) and Cisco (CSCO 15.88, +0.44) have offered some support.
A few regional lenders, like Huntington Bancshares (HBAN 6.35, +0.02), have provided a modicum of support to the Nasdaq. Overall, though, financials make up the strongest performing sector this session. That has given the sector an enviable gain of 0.7%. Banks haven't really been the drivers of that move, however. Instead, buying interest in insurance and financial services providers like Hartford Financial (HIG 25.66, +0.56) has fueled the move.

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