Market Round-Up

Heading into the final hour of trade, the major averages are all solidly in positive territory. At last check, the Dow had risen around 93 points and was trading at 12,462. The S&P was up more than 16 points, or 1.27%, while the Nasdaq had added 57 points, or 2.05%. The leading sectors on Monday have been basic materials (+2.12%), capital goods (+2.14%), and technology (+2.10%). The only sector that is not trading higher is consumer staples, which were last down 0.02%. Appetite for riskier assets can also be seen in the commodity complex. In particular, crude oil has made back a small portion of its recent losses, and was last trading up 1.09% to $92.48. Copper is also around 1% higher on the session. Precious metals on the other hand are recording small losses with gold futures down 0.12% to $1,590.00 and silver off by 1.36% to $28.325. The performance of the major equity market sectors can be found below. Basic Materials +2.12% Capital Goods +2.14% Conglomerates +1.23% Cons. Cyclical +1.60% Cons. Non-Cyclical -0.02% Energy +1.63% Financial +0.73% Healthcare +0.75% Services +1.02% Technology +2.10% Transportation +1.52% Utilities +0.33%