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- Dow +154.28 at 11438.82, Nasdaq +50.32 at 2530.17, S&P +19.62 at 1196.42
Dow +154.28 at 11438.82, Nasdaq +50.32 at 2530.17, S&P +19.62 at 1196.42
Stocks rcently slipped a bit from their morning perch, but were quick to stabilize.
Selling pressure has remained relatively steady against teleocm and utilities stock, though. As a result, the two sectors are at morning lows, both with 0.9% gains. Although the pair remains in positive territory, their relative underperformance comes as participants trade with an improved sense of confidence and show a willingness to re-enter riskier names following the stock market's near 5% climb last week. Amid the market's volatility many investors had looked for stability from the stodgy businesses and relatively high dividend yields offered by the telecom and utilities sectors.
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