Stocks are modestly higher at mid-morning Wednesday. Earnings reports from Macy’s (M) is boosting some parts of the retail sector this morning.
At present, the S&P 500 is up 0.28%, the DJIA is up 0.09%, and the NASDAQ is up 0.47%.
Industries doing well today include Multiline Retail, Health Care Technology, and Airlines. Industries showing weakness include Multi-Utilities, Electric Utilities, and Communications Equipment. The VIX is down 1.00 to 13.63 after closing yesterday at 14.63. The most heavily traded options this morning are for the iShares Russell 2000 (IWM), with 12,714 July 20 147 puts on the board. The total put/call ratio as of 10:00 AM was 1.22 (332,308/271,779). The advancers/decliners ratio for NYSE stocks is 1,705/1,196, while the advancers/decliners ratio for NASDAQ stocks is 1,907/983.