Stocks quoted in this article:
The markets have had a downside bias today, trading in a choppy manner. This is certainly due in part to AT&Tís (T - 42-1/2) disappointing outlook after its earnings release this morning. The S&P 500 Index (SPX - 1461.62) is lower by 0.45 percent. Currently on the NYSE, 1,282 advancing issues are lagging 1,409 declining issues, while 517 issues are unchanged. Up volume of 202,581,024 shares is struggling to keep up with down volume of 212,359,744 on total volume of 438,409,344 shares. The 41 new highs are outpacing the 25 new lows. The Nasdaq Composite (COMP - 3922.9) is lower by 0.89 percent. Advancing Nasdaq issues of 1,659 are not keeping pace with 2,047 declining issues, while 563 issues are unchanged. Up volume of 259,252,096 shares is being trounced by down volume of 339,170,304 shares. The 27 new highs have been eclipsed by the 34 new lows.