Reply #92: 2:46!

[ozymandius]

Dow 12,641.17 Down 211.92 (1.65%)
Nasdaq 2,450.29 Down 38.23 (1.54%)
S&P 500 1,406.22 Down 14.11 (0.99%)
10-Yr Bond 3.821% Down 0.066
NYSE Volume 3,196,702,750
Nasdaq Volume 1,639,099,750

2:30 pm : Stocks continue to trade with significant losses. Financials (+0.4%) have recovered into positive territory.

355 stocks in the S&P 500 are trading lower. Google (GOOG 635.62, -11.11), American Express (AXP 43.55, -5.37) and Apple (AAPL 172.83, -5.19) are pacing the decline. CME Group (CME +615.68, +3.98), Bear Stearns (BSC 80.74, +3.31) and Range Resources Corp (RRC 52.96, +2.64) are seeing the most buying interest.

Shares of Tiffany & Co (TIF 35.62, -4.70) are getting pummeled after concerns related to a pullback in U.S. consumer spending prompted the company's management to reduce its fiscal 2007 outlook. DJ30 -232.40 NASDAQ -39.74 SP500 -15.72 NASDAQ Dec/Adv/Vol 1989/954/1.52 bln NYSE Dec/Adv/Vol 1933/1199/1.06 bln

2:30 pm : The stock market drifts lower as sellers remain in control. The finanicial sector (-0.1%) has fallen into the red, leaving only healthcare (+0.2%) in the green.

Market breadth is bearish. Decliners outpace advancers by a 3-to-2 margin on the NYSE, with new 52-week lows outpacing new highs by a 4.5-to-1 margin. On the Nasdaq, new lows outpace new highs by 2-to-1, with new 52-week lows outpacing highs by 11.5-to-1.

Senate Majority Leader Harry Reid and Speaker of the House Nancy Pelosi asked to meet with President Bush to discuss a fiscal stimiulus package, that they want to pass "without delay" according to Bloomberg.DJ30 -245.3 NASDAQ -43.69 SP500 -17.76 NASDAQ Dec/Adv/Vol 1958/975/1.39 bln NYSE Dec/Adv/Vol 1858/1247/981 mln