Major indices are down at mid-day Wednesday as investors price-in new fears of trade tension between the U.S. and mainland China. Target (TGT) is up 10% today after the retailer raised its outlook for the year, surprising markets after a string of earnings misses from the company's competitors earlier in the week.
At present, the S&P 500 is down -0.18%, the DJIA is down -0.32%, and the NASDAQ is down -0.06%.
Industries doing well today include Multiline Retail, Construction Materials, and Electric Utilities. Industries showing weakness include Airlines, Diversified Telecommunication Services, and Automobiles. The VIX is flat at 12.86. The total put/call ratio as of 10:30 AM was 1.29 (361,967/281,686). The advancers/decliners ratio for NYSE stocks is 1,269/1,503 while the advancers/decliners ratio for NASDAQ stocks is 1,426/1,383.
[InvestorsKeyhole, various news and data sources]
