Stocks quoted in this article:
Amid today's broad-market retreat, one of the best-performing indices is the S&P Insurance Index (IUX – 745.2). The IUX has stepped up by more than 17 points, or over two percent, to climb back above its 10-day moving average. The index had finished three of the past four sessions beneath this short-term trendline.
The leading IUX component in early afternoon action is Cigna (CI – 92-7/8), which has advanced by 4.6 percent to overtake its 10-day moving average, a trendline it has only closed one trading day above in the last four-and-a-half weeks. Other top index performers today include Safeco (SFC – 26-15/32), up 3.9 percent; Progressive (PGR – 76-7/8), up 3.8 percent; AFLAC (AFL – 63-5/16), up 3.3 percent; Chubb (CB – 77-9/16), up 3.2 percent; MBIA (MBI – 68-1/16), up 3.1 percent; and St. Paul Companies (SPC – 49-13/16), up 3.1 percent.