![]()
The DJIA is still giving back yesterday's lead
The Dow Jones Industrial Average (DJIA) is giving back some of yesterday's gains, last seen more than 100 points lower. On the economic front, investors are digesting a modest rise in weekly jobless claims. Also, the Philadelphia Fed's manufacturing index saw a slowdown in growth for the fourth consecutive month -- and fell to its lowest level since February 2014. At last check, the Nasdaq Composite (COMP) has managed to stay in positive territory, while the S&P 500 Index (SPX) has followed the DJIA into the red.
Continue reading for more on today's market -- and don't miss:
- 3 stocks that could potentially see a short-covering rally.
- Tesla Motors Inc (NASDAQ:TSLA) is higher today, and it has Chris Christie to thank.
- Plus ... Checking in on the CBOE Volatility Index (VIX), the SPDR S&P 500 ETF Trust (SPY), and other noteworthy stats at midday.
Among the stocks with notable put volume is Yelp Inc (NYSE:YELP), with the contracts changing hands at 24 times the normal intraday rate. Speculators are focusing on the March and April 45 puts, with data suggesting buy-to-open activity for each. At last check, YELP was 3.8% lower at $45.05.
For more midday statistics and stocks on the move, head to page 2.
Tilly's Inc (NYSE:TLYS) is one of the biggest gainers on the Big Board today, after the firm's stronger-than-expected fourth-quarter numbers were met with no fewer than three price-target hikes. Shares of the specialty retailer have tacked on 10.9% to trade at $14.88, after earlier hitting a new annual high of $14.98..
Transocean LTD (NYSE:RIG) is one of the biggest losers on the Big Board today, last seen 5% lower at $14.48, after its latest fleet update brought on negative analyst attention. The offshore drilling stock has dropped nearly 70% since notching an annual high in late June.
The CBOE Volatility Index (VIX) has added 0.4 point, or 3.2%, at 14.41, as it looks to stay above 14.
Today's put/call volume ratio on the SPDR S&P 500 ETF Trust (SPY) is 1.47, with puts outnumbering calls. SPY was last seen 0.8 point, or 0.5%, lower at $209.71.