Anxiety, Apathy Combine to Push Dow, S&P Lower

Weakness in the euro and a report indicating investors are still a bit skittish about the market’s long-term prospects combined to sink U.S. stocks Wednesday as the Dow Jones Industrial Average shed 139.94 points, or 1.1%, to finish at 12,151.41.

The CBOE Volatility Index, a key indicator of overall investor fear in the market, jumped above 23. Making matters worse, the euro fell near its one-year low against the dollar after an ECB report that showed European banks deposited a record $585 billion with the central bank.

The S&P 500 fell 16 points to 1,249.64, ending a five-sessions winning streak and pushing the index into the red for the year. The Nasdaq lopped off 35 points to close at 2,589.98.

Here are some more details from Wednesday’s trading session:

Dow Jones Industrial Average:

·         Down 139.94 points, or 1.14% to 12151.41

·         Down two consecutive trading days.

·         Biggest points and percentage drop since December 12, 2011.

·         An intraday high of 12299.11 occurred at 09:31:29 today, representing an increase of 7.76 points, or 0.06%.

·         An intraday low of 12140.17 occurred at 15:27:38 today, representing a decrease of 151.18 points, or 1.23%.

·         All 30 component stocks closed down today and have done so 17 times previously in 2011.

·         Today's five best performing stocks in the index: T (-0.68), WMT (-0.76), KFT (-1.14), GE (-1.36), BAC (-1.44).

·         Today's five worst performing stocks in the index: CAT (-16.50), CVX (-15.29), MMM (-8.55), XOM (-8.33), BA (-7.64).

·         Down 2013.12 points, or 14.21% from its record close of 14164.53 on October 9, 2007.

·         Up 4.89% from 52 weeks ago.

·         Up 85.60% from its 12-year closing low of 6547.05 on March 9, 2009.

·         Down 5.15% from its 2011 closing high of 12810.54 on April 29.

·         Up 14.04% from its 2011 closing low of 10655.30 on October 3.

·         Month-to-date: up 0.88%.

·         Year-to-date: up 4.96%.

Dow Jones U.S. Total Stock Market Index:

·         Dow Jones U.S. Total Stock Market Index, 12930.58 (prelim)*, down 179.74 points, or 1.37%, or approximately $210 billion in market capitalization.

·         First drop in six trading days.

·         Biggest points and percentage drop since December 12, 2011.

·         Down 2814.81 points, or 17.88% (approximately $4.1 trillion in market cap), from its record close of 15745.39 on October 9, 2007.

·         Up 90.15% (approximately $7.1 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.

·         Down 1.75% over the past 52 weeks.

·         Down 9.63% from its 2011 closing high of 14308.37 on April 29.

·         Up 14.44% from its 2011 closing low of 11299.07 on October 3.

·         Month-to-date: down 0.03%.

·         Year-to-date: down 1.53%, or approximately $433 billion in market cap.

Data courtesy of Dow Jones Indexes.

 

 

 

 

 

 

 

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