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The Dow Jones Industrial Average (INDEXDJX:.DJI) is off 20 points, or 0.1%, to 15,004.79, as traders digest more comments from Federal Reserve officials. Among the blue-chip barometer's notable laggards is International Business Machines Corp. (NYSE:IBM), which is swooning in sympathy with sector peer Accenture Plc's (NYSE:ACN) earnings-induced drop. Meanwhile, the Chicago purchasing managers' index (PMI) declined to a seasonally adjusted 51.6 this month. This latest figure fell short of economists' projections, and reflected the largest drop in almost four years. On a more upbeat note, the final June reading of the Thomson Reuters/University of Michigan consumer sentiment index arrived at 84.1 -- just shy of a near six-year high, and besting consensus estimates.
Here are a few noteworthy stats at midday:
- The equity put/call volume ratio across all 11 options exchanges checks in at 0.98, with 3.44 million puts changing hands so far today, versus 3.38 million calls.
- Among the equities with call-heavy activity is JetBlue Airways Corporation (NASDAQ:JBLU), which has surged about 3.5% since the opening bell. This positive price action comes after the company's founder, David Neeleman, refuted rumors that he plans to purchase the airline. Currently, calls represent 89.1% of the security's intraday option volume. At last check, JBLU was trading at $6.29.
- The New York Stock Exchange (NYSE) shows an advance/decline ratio of 1.14, with the number of upward movers outweighing the decliners.
- Among the NYSE's major advancers is GameStop Corp. (NYSE:GME), which has added about 3% -- and tagged a new multi-year peak of $42.84 -- in intraday action, after BofA-Merrill Lynch started coverage of the stock with a "buy" rating this morning. GME is presently trading at $42.12.
- Optimism declined during the week ended June 26, according to the latest survey by the American Association of Individual Investors (AAII). The percentage of investors with a bullish view on stocks fell to 30.3% from 37.4%, while the percentage bearish rose to 35.2% from 30.0%. Meanwhile, the percentage neutral climbed to 34.5% from 32.6%.
- The CBOE Volatility Index (VIX) is 0.5 point, or 3.1%, lower, to hover at 16.34.
- The put/call volume ratio on the iPath S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX) -- which is currently perched at 20.44 -- rests at 0.66, with calls outnumbering puts.
View a real-time chart of the Dow Jones Industrial Average (INDEXDJX:.DJI).