The Dow Jones Industrial Average shed 45.57 points to finish at 13,124.62 Wednesday while the Nasdaq rose 1.17 points to close at 3,075.32.
The S&P 500 trimmed 2.63 points to end at 1.402.89.
The National Association of Realtors reported that a disconcerting 0.9% decline in existing home sales in February and, perhaps more troubling, a spike in housing inventory.
Here are some more details from Wednesday’s trading session:
Dow Jones Industrial Average:
· Down two consecutive trading days and three of the last four sessions.
· Down 114.51 points, or 0.86%, over the two-day period.
· Largest two-day points and percentage decline since March 07, 2012.
· Lowest closing value since March 12, 2012.
· An intraday high of 13190.02 occurred at 09:44:40 today, representing an increase of 19.83 points, or 0.15%.
· An intraday low of 13112.93 occurred at 11:00:16 today, representing a decrease of 57.26 points, or 0.43%.
· Nine of the 30 component stocks rose, 20 fell, one was unchanged.
· Today's top five contributors to The Dow's movement and their point contribution: KO (4.01), IBM (3.33), HD (3.10), VZ (1.14), AXP (1.06).
· Today's bottom five laggards: CAT (-13.32), CVX (-8.85), MCD (-7.04), TRV (-4.92), XOM (-4.47).
· Down 7.34% from its record close of 14164.53 on October 09, 2007.
· Up 100.47% from its 12-year closing low of 6547.05 on March 9, 2009.
· Up 8.59% from 52 weeks ago.
· Up 6.19% from its 2012 closing low of 12359.92 on January 06, 2012.
· Down 0.97% from its 52-week high of 13252.76 on March 15, 2012.
· Up 23.17% from its 52-week low of 10655.30 on October 03, 2011.
· Month-to-date: up 1.33%.
· Year-to-date: up 7.42%.
Dow Jones U.S. Total Stock Market Index:
· Dow Jones U.S. Total Stock Market Index, 14581.18*, down 19.77 points, or 0.14%, or approximately 18.3 billion in market capitalization.
· Down two consecutive trading days.
· Down 78.36 points, or 0.53%, over the two-day period.
· Largest two-day points and percentage decline since March 07, 2012.
· Lowest closing value since March 14, 2012.
· Down 7.39% (approximately $2.2 trillion in market cap), from its record close of 15745.39 on October 09, 2007.
· Up 114.43% (approximately $8.9 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
· Up 7.46% from 52 weeks ago.
· Up 10.41% from its 2012 closing low of 13206.64 on January 04, 2012.
· Down 0.53% from its 52-week high of 14659.54 on March 19, 2012.
· Up 29.05% from its 52-week low of 11299.07 on October 03, 2011.
· Month-to-date: up 2.60%, or approximately $384 billion in market cap.
· Year-to-date: up 12.00%, or approximately $1.8 trillion in market cap.
Data courtesy of Dow Jones Indexes.
