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All major U.S. Indexes, which had been notably down earlier in the morning, have reversed course and have either moved into positive territory, or are very close to doing so.
The S&P 500 (
SPX), which had traded down to as low as 1,234.56, is currently up 1.23 points to 1,255.28. The Dow Jones Industrial Average ($DJI), which had traded as low 11,701.63, is currently down 6.4 points to 11,862.45. The NASDAQ Composite (
COMP), which had traded down to as low as 2,621.81, is currently up 15.01 points (0.5%) to 2,684.25, and is the strongest area of the market.
The move is being led by the S&P Technology and Telecomm Sectors, which are currently up 0.6% and 0.5% respectively.
The S&P Technology Sector is the only segment of the index that has shown a gain over the past 30 days, albeit a paltry 0.2%.
The strongest performing stocks in the S&P 500 Technology Sector in today's session are:
1) Lexmark International
LXK: Shares of Lexmark are currently trading up 5.5% from yesterday's close to $34.37.
2) Tellabs
TLAB: Shares of Tellabs are currently trading up 4.7% from yesterday's close to $4.04.
3) Sandisk
SNDK: Shares of Sandisk are currently trading up 4.1% from yesterday's close to $42.35.
4) F5 Networks
FFIV: Shares of F5 are currently trading up 3.6% from yesterday's close to $93.47.
5) Motorola Mobility
MMI: Shares of Motorola Mobility are currently trading up 3.5% from yesterday's close to $22.10.
1) Micron Technology
MU: Shares of Micron are currently trading down 1.6% from yesterday's close to $6.93.
2) Cerner
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: Shares of Cerner are currently trading down 1.3% from yesterday's close to $63.63.
3) Computer Sciences Corp.
CSC: Shares of Computer Sciences are currently trading down 1.1% from yesterday's close to $33.62.
The strongest stocks in the S&P Telecomm Sector currently are:
1) American Tower
AMT: Shares of American Tower are currently trading up 5.7% from yesterday's close to $53.38.
2) Sprint Nextel
S: Shares of Sprint are currently trading up 1.5% from yesterday's close to $4.06.
3) Verizon Communications
VZ: Shares of Verizon are currently trading up 0.8% from yesterday's close to $35.78.
4) AT&T
T: Shares of AT&T are currently trading up 0.7% from yesterday's close to $29.39.
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