Stocks are mixed this Thursday morning, as global oil prices rise. The rise comes after an output freeze by Saudi-Arabia and Russia, as well as a decline in US crude inventories. In a reversal of the recent trend, the dollar has regained some lost value, and the gold rally appears to have come to a halt. the Jack-in-the-Box (JACK) badly missed earnings estimates this morning, and JACK shares are down 18%, while already beleaguered shares of SunEdison (SUNE) are also falling today, down 14%.
Here are your Thursday morning market metrics. Industries doing well today include IT services, consumer finance, and electrical equipment. Industries showing weakness include metals & mining, food & staples, and multiline retail. The VIX is down 0.5% to 22.17 after closing on Wednesday at 22.31. The most actively traded equity options are for Ultra Petroleum (UPL), with 10K February 2 puts changing hands. The total put-call volume ratio as of 9:00 AM was 1.07 (252,104/270,006). NYSE Adv/Dec 1,342/1,487. Nasdaq Adv/Dec 1,022/1,214.