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| Nasdaq | 2938.42 | -10.15 | (-0.34%) |
| SP 500 | 1359.59 | -2.62 | (-0.19%) |
| 10-yr Note | +17/32 | 2.01% | |
| NYSE | Adv 1190 | Dec 1755 | Vol 330 mln |
| Nasdaq | Adv 960 | Dec 1485 | Vol 980 mln |
| Strong: construction and engineering; homebuilding; home furnishings; info tech consulting and services; wireless telecom; trucking; gold |
| Weak: auto parts and equipment; food retailers; diversified support services; housewares and specialties; electrical components and equipment; agricultural chemicals |
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Financials run higher after sluggish start
Euro gains ground against greenback, despite official forecasts for a decline in 2012 eurozone GDP Weekly initial jobless claims go unchanged |
[BRIEFING.COM] Results from an auction of 5-year Notes were released at 1:00 PM ET. The auction drew a bid-to-cover ratio of 2.89, dollar demand of $101.2 billion, and an indirect bidder participation rate of 41.8%. For comparison, the prior auction drew a bid-to-cover ratio of 3.17, dollar demand of $111.0 billion, and an indirect bidder rate of 43.3%, while an average of the past six auctions results in a bid-to-cover of 2.97, dollar demand of $104.0 billion, and an indirect bidder rate of 46.1%.
In the wake of the auction, gains among Treasuries have been trimmed. At the same time, though, stocks have been working to pare their losses.
