The DJIA turned lower, following a pair of troublesome overseas developments and expectations for a 2015 interest-rate hike
The
Dow Jones Industrial Average (DJIA) has taken a turn for the worse today, as traders cast a cautious eye on a pair of
worrying overseas developments. Additionally, speculators are digesting a speech from San Francisco Fed President John Williams -- which preceded a round of mixed economic reports -- who reiterated
Fed Chair Janet Yellen's outlook for a 2015 interest-rate hike. Elsewhere, the
S&P 500 Index (SPX) is also lower, while the
Nasdaq Composite (COMP) is retreating from
Wednesday's notable milestone.
Continue reading for more on today's market -- and don't miss:
Among the stocks with notable option volume is burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG), with the contracts crossing the tape at three times the average intraday pace. Put players are targeting CMG's June 600 strike -- the equity's most active option -- while the weekly 5/29 series is popular among call players. At last check, CMG is up 3% at $630.88, following an upbeat analyst note.
One of the biggest decliners on the Nasdaq is Xcerra Corp (NASDAQ:XCRA), down 16.1% at $7.81 -- and back in the red on a year-to-date basis. Weighing on the semiconductor equipment specialist is weaker-than-expected fiscal third-quarter revenue.
One of the top losers on the Big Board is athletic apparel retailer Tilly's Inc (NYSE:TLYS). The stock is down 23% at $10.01, following a poorly received earnings report and subsequent round of bearish brokerage attention. What's more, the security is on track to close south of its 160-, 200-, and 320-day moving averages for the first time since early December.
The CBOE Volatility Index (VIX) is up 0.2 point, or 1.7%, at 13.49, after earlier being rejected by the 14 mark.
Today's put/call volume ratio on the SPDR S&P 500 ETF Trust (SPY) is 2.95, with puts nearly tripling calls. At last check, SPY is down 0.6 point, or 0.3%, at $212.12.