Stocks quoted in this article:
With the Nasdaq Composite (COMP - 4202.2) down 1.69 percent and the S&P 500 Index (SPX - 1496.95) down 0.90 percent, the tone is decidedly bearish today among the sector indices, with only nine of 38 in positive territory. Among the indices we follow, one hit a new annual high today. The top four performing indices today are the PHLX Oil Service Sector Index (OSX - 120.28), up 4.1 percent; the CBOE Automotive Index (AUX - 234.9), up 1.3 percent; the AMEX Tobacco Index (TOB - 195.63), up 1.2 percent; and the AMEX Natural Gas Index (XNG - 190.78), up one percent. The four indices showing the most weakness are the Morgan Stanley Healthcare Payors Index (HMO - 321.75), down 6.1 percent; the PHLX Semiconductor Index (SOX - 1216.3), down 3.9 percent; the CBOE Gaming Index (GAX - 285.49), down 3.4 percent; and the AMEX Networking Index (NWX - 1339.4), down 3.2 percent.