US midday: Stocks continued to trade mixed at halfway mark

Sharecast

LONDON (ShareCast) - - Pending home sales shoot past forecasts
- Slight miss on Chicago PMI
- Stocks mixed at start of holiday shortened week

Dow Jones Industrials: -0.08%
Nasdaq Composite: 0.34%
S&P 500: 0.05%

The main Wall Street equity benchmarks were trading in a mixed fashion on the last day of the quarter following the release of relatively upbeat economic indicators.

That came in a holiday shortened week which will culminate in the all-important US employment report. Non-farm payrolls, due out on Thursday, are scheduled to be released a day earlier than usual given that US markets are closed on Friday for the July 4th holiday.

To take note of the S&P 500 had failed to post a gain or loss greater than 1% for 50 straight days, the longest stretch since 1995, according to Bloomberg, reflecting the extremely low levels of volatility which are so troubling to traders.

Yahoo (NasdaqGS: YHOO - news) rides higher on back of broker upgrade

Yahoo! climbed after the stock was upgraded to 'overweight' by analysts at Piper Jaffray.

Coatings and specialty products firm PPG Industries (NYSE: PPG - news) jumped ahead of the bell after announcing plans to buy Mexico's Consorcio Comex for $2.3bn.

Pending home sales index sails past forecasts

NAR's index of pending home sales expanded at a 6.1% month-on-month pace in May (consensus: 1.5%).

MNI's Chicago PMI has printed at 62.6, down by 2.9 points from the month before, versus the 63 point read expected by economists.

Crude futures move lower

West Texas Intermediate futures were down 0.86% at $104.84 a barrel.

The yield on a 10-year US Treasury was down by one basis point at 2.52%.

S&P 500 - Risers
Micron Technology Inc (NasdaqGS: MU - news) . (MU) $32.88 +4.35%
Cliffs Natural Resources Inc (NYSE: CLF - news) . (CLF) $15.18 +3.48%
D. R. Horton Inc. (DHI) $24.59 +3.19%
NetApp Inc (NasdaqGS: NTAP - news) . (NTAP) $36.49 +2.85%
PPG Industries Inc. (PPG) $209.39 +2.62%
Yahoo! Inc. (YHOO) $35.04 +2.31%
Bank Of New York Mellon Corp. (BK) $37.03 +2.21%
International Paper Co. (IP) $50.08 +2.10%
Norfolk Southern Corp. (NSC) $103.75 +2.07%
Pinnacle West Capital Corp. (PNW) $57.64 +2.05%

S&P 500 - Fallers
Allergan Inc (NYSE: AGN - news) . (AGN) $169.91 -2.32%
Valero Energy Corp. (VLO) $50.64 -1.99%
Intuitive Surgical Inc (NasdaqGS: ISRG - news) . (ISRG) $415.54 -1.86%
Citrix Systems Inc (NasdaqGS: CTXS - news) . (CTXS) $63.11 -1.70%
Edwards Lifesciences Corp (NYSE: EW - news) . (EW) $86.39 -1.67%
Petsmart Inc (NasdaqGS: PETM - news) . (PETM) $59.95 -1.67%
DaVita HealthCare Partners Inc (NYSE: DVA - news) (DVA) $72.21 -1.59%
Raytheon Co (NYSE: RTN - news) . (RTN) $92.94 -1.55%
McKesson Corp. (MCK) $186.35 -1.36%
PVH Corp (NYSE: PVH - news) .

(PVH) $115.92 -1.35%

Dow Jones I.A - Risers
Merck & Co. Inc (Xetra: A0YD8Q - news) . (MRK) $58.09 +0.97%
Visa Inc (Xetra: 3V64.DE - news) . (V) $211.07 +0.86%
Cisco Systems Inc (HKSE: 4333.HK - news) . (CSCO) $24.86 +0.65%
Coca-Cola Co. (KO) $42.42 +0.55%
Walt Disney Co. (DIS) $85.75 +0.53%
Pfizer Inc (NYSE: PFE - news) . (PFE) $29.75 +0.25%
AT&T Inc (Sao Paolo: ATTB34.SA - news) . (T) $35.47 +0.17%
Goldman Sachs Group Inc. (GS (KSE: 078935.KS - news) ) $167.04 +0.16%
Home Depot Inc. (HD) $81.19 +0.07%
Procter & Gamble Co. (PG) $79.04 +0.03%

Dow Jones I.A - Fallers
Boeing Co (NYSE: BA - news) . (BA) $127.19 -1.05%
Verizon Communications Inc (Xetra: BAC.DE - news) . (VZ) $48.92 -0.81%
McDonald's Corp. (MCD) $100.79 -0.66%
United Technologies Corp (Xetra: UTC1.DE - news) . (UTX) $115.82 -0.66%
Microsoft Corp. (MSFT) $42.00 -0.59%
E.I. du Pont de Nemours and Co. (DD) $65.15 -0.44%
General Electric Co. (GE) $26.36 -0.25%
Exxon Mobil Corp. (XOM) $100.99 -0.22%
Caterpillar Inc (NYSE: CAT - news) . (CAT (Taiwan OTC: 4990.TWO - news) ) $108.55 -0.21%
Johnson & Johnson (NYSE: JNJ - news) (JNJ) $104.78 -0.20%

Nasdaq 100 - Risers
Illumina Inc (NasdaqGS: ILMN - news) . (ILMN) $180.39 +4.45%
Micron Technology Inc. (MU) $32.88 +4.35%
NetApp Inc. (NTAP) $36.49 +2.85%
Charter Communications Inc (NasdaqGS: CHTR - news) . (CHTR) $158.42 +2.31%
Yahoo! Inc. (YHOO) $35.04 +2.31%
KLA-Tencor Corp. (KLAC) $72.40 +2.01%
Regeneron Pharmaceuticals Inc (NasdaqGS: REGN - news) . (REGN) $282.86 +2.01%
Monster Beverage Corp (MNST) $70.47 +1.76%
Tesla Motors Inc (Xetra: A1CX3T - news) (TSLA) $242.78 +1.56%
Baidu Inc (Xetra: B1C.DE - news) . (BIDU) $187.62 +1.44%

Nasdaq 100 - Fallers
Intuitive Surgical Inc. (ISRG) $415.54 -1.86%
Citrix Systems Inc. (CTXS) $63.11 -1.70%
Alexion Pharmaceuticals Inc (NasdaqGS: ALXN - news) . (ALXN) $155.84 -1.12%
Vimpelcom Ltd Ads (VIP) $8.43 -0.94%
TripAdvisor Inc (NasdaqGS: TRIP - news) . (TRIP) $109.18 -0.93%
Mattel Inc (NasdaqGS: MAT - news) . (MAT) $39.01 -0.81%
Intuit Inc (NasdaqGS: INTU - news) . (INTU) $80.68 -0.79%
Keurig Green Mountain Inc (Xetra: 887856 - news) (GMCR) $124.28 -0.77%
Celgene Corp. (CELG) $86.16 -0.74%
Vodafone Group Plc ADS (VOD) $33.22 -0.63%

AB

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