| Market/Sectors Updates for 7/4/2009 |
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Oil Service Stocks Move Sharply Lower Along With Oil Prices
7/2/2009 11:14:14 AM While most of the major sectors have moved lower over the course of morning trading on Thursday, substantial weakness has emerged among oil service stocks, which are moving sharply lower along with the price of oil.
The losses by oil service stocks are contributing to a 3.8 percent loss by the Philadelphia...
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Gold Stocks Moving Higher Along With Price Of Precious Metal
7/1/2009 12:02:44 PM Gold stocks have shown a notable upward move over the course of the trading session on Wednesday, contributing to the considerable strength in the broader markets. The gold sector is benefiting from a significant increase by the price of the precious metal.
After closing lower in the three previous...
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Airline Stocks Under Considerable Selling Pressure
6/30/2009 11:40:45 AM After seeing some strength in the past few sessions, airline stocks have come under considerable selling pressure in morning trading on Tuesday, contributing to the substantial downturn that has been shown by the broader markets.
The weakness in the airline sector is reflected by the 3.5 percent...
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Biotech Stocks Giving Back Some Ground In Early Trading
6/29/2009 10:34:19 AM After showing a strong upward move over the course of the previous week, biotechnology stocks are giving back some ground in morning trading on Monday. Biogen Idec (BIIB) is helping to lead the sector lower.
The weakness in the biotech sector is reflected by the 1 percent loss currently being shown...
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