Stocks Volatile in Early Trading


Stocks are mixed at mid-day Friday after some volatility early in today’s trading. Shares of Facebook (FB) stock are lower today after news that two executives, the chief product officer and the head of WhatsApp, were leaving the company after reported clashes with CEO Mark Zuckerberg. 

At present, the S&P 500 is up 0.26%, the DJIA is down 0.06%, and the NASDAQ is up 0.66%.

Industries doing well today include Semiconductors & Semiconductor Equipment, Auto Components, and Biotechnology. Industries showing weakness include Interactive Media & Services, Containers & Packaging, and Aerospace & Defense. The VIX is down 0.52 to 12.98 after the previous close of 13.50. The most heavily traded options this morning are for the EAFE Ishares MSCI ETF (EFA), with 54,446 Mar 15 65 calls on the board. The total put/call ratio as of 10:30 AM was 0.75 (619,921/827,166). The advancers/decliners ratio for NYSE stocks is 1,720/1,060 while the advancers/decliners ratio for NASDAQ stocks is 1,879/1,014.

[InvestorsKeyhole, various news and data sources]

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