Tuesday, October 7, 2014


Stock Market Update
Market Snapshot
Dow 16719.33 -272.58 (-1.60%)
Nasdaq 4385.20 -69.60 (-1.56%)
SP 500 1935.09 -29.73 (-1.51%)
10-yr Note +21/32 2.345

NYSE Adv 674 Dec 2399 Vol 774.6 mln
Nasdaq Adv 525 Dec 2468 Vol 2.06 bln

Industry Watch
Strong: Consumer Staples, Energy, Utilities

Weak: Consumer Discretionary, Financials, Health Care, Industrials, Technology, Materials

Moving the Market
Markets in Europe pressured by disappointing Industrial Production report from Germany (-4.0%; expected -1.5%)

IMF cuts global growth forecast to 3.8% from 4.0%

Dow Jones Transportation Average underperforms
Frequent updates that focus on broad U.S. and overseas market activity, key economic releases and stock futures trading that begin prior to U.S. market open and end with a final comment after the close.

Cyclical Sectors Pace Broad Retreat


07-Oct-14 16:10 ET
Dow -272.58 at 16719.33, Nasdaq -69.60 at 4385.20, S&P -29.73 at 1935.09
[BRIEFING.COM] The stock market ended the Tuesday session on the lows after spending the entire day in negative territory. The Russell 2000 led the way, sliding 1.7%, while the S&P ...

Crude Oil Moves Lower and Gold Higher After IMF Cut Global Growth Forecast


07-Oct-14 15:30 ET
Dow -216.21 at 16775.70, Nasdaq -56.85 at 4397.95, S&P -22.99 at 1941.83
[BRIEFING.COM] Gold rallied shortly after the pit session open in a continuation of yesterday's strength, still popping off of last Friday's first dip of the year below $1,200. The metal ...

Fresh Lows Into Last Hour


07-Oct-14 15:00 ET
Dow -196.61 at 16795.30, Nasdaq -50.49 at 4404.31, S&P -20.22 at 1944.60
[BRIEFING.COM] The S&P 500 (-1.0%) has slipped to a fresh low with one hour remaining in the session. The utilities sector (+0.6%) is the lone advancer, while five sectors display ...

Probing Session Lows in Defensive Trade


07-Oct-14 14:30 ET
Dow -157.15 at 16834.76, Nasdaq -40.41 at 4414.39, S&P -15.94 at 1948.88
[BRIEFING.COM] There has been a defensive approach to today's market as growth concerns predominate with the weak data out of Germany, the continued weakness in the Russell 2000 (-0.8%), and ...

Cyclical Sectors Remain Weak


07-Oct-14 13:55 ET
Dow -129.21 at 16862.70, Nasdaq -33.95 at 4420.85, S&P -12.42 at 1952.40
[BRIEFING.COM] The S&P 500 began today's session in the 1958 area after ending yesterday's affair just north of the 1965 level. The benchmark index then slipped to a session low ...
MARKET PLACE

Read more: http://www.briefing.com/investor/markets/stock-market-update#ixzz3FUncl8XG

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