Major indices are up at mid-day Tuesday led by the consumer discretionary and communication services sectors. Salesforce (CRM) is hovering near break-even today after yesterday’s news that the company would acquire Tableau (DATA) in an all-stock deal. As part of the acquisition, Salesforce plans to use Tableau’s Seattle location as a 2nd headquarters.
At present, the S&P 500 is up 0.45%, the DJIA is up 0.37%, and the NASDAQ is up 0.69%.
Industries doing well today include Diversified Consumer Services, Consumer Finance, and Interactive Media & Services. Industries showing weakness include Aerospace & Defense, Construction Materials, and Media. The VIX is down 0.05 to 15.89 after the previous close of 15.94. The most heavily traded options this morning are for the High Yield Corporate Bond Ishares Iboxx $ ETF (HYG), with 10,000 Sep. 20 87 calls on the board. The total put/call ratio as of 10:30 AM was 0.61 (418,571/684,716). The advancers/decliners ratio for NYSE stocks is 1,739/1,074 while the advancers/decliners ratio for NASDAQ stocks is 1,776/1,180.
[InvestorsKeyhole, various news and data sources]