After opening in the black, the markets had switched to the negative territory. While the Dow Jones Industrial Average tumbled 231.57, or 2.15%, to 10,551.38 by 2:20 pm, NASDAQ lost 65.67, or 2.74%. Some of the few narrow based indexes that are supporting the market are the Chinese IT Stocks, which have gained 1.1%, the Bond ETFs, up 0.2%, and the Dialysis and Kidney Disease Stocks, down by just 0.4% as a group.
In Tickerspy's
Chinese IT complex, AsiaInfo Holdings Inc (NASDAQ:
ASIA) has surged 8.3%. Various analysts have started raising their earnings estimates for 2010 for ASIA.
The best performing Tickerspy
Bond ETFs stock has been Vanguard World Funds (NYSE:
EDV), which was up 3.1%.
NxStage Medical Inc (NASDAQ:
NXTM) is today’s leading Tickerspy's
Dialysis and Kidney Disease stock, gaining 2.2%. NXTM posted a narrower-than-expected Q1 loss, as the performance of its home and critical care segments was extremely strong.
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