DJ Utilities Average Moves To New All-time High

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.After gapping lower on the open, the broad market recovered into slightly positive territory by mid-day, but the bears sent stocks lower in the afternoon. The Nasdaq Composite fell 0.9%, the S&P 500 lost 0.6%, and the Dow Jones Industrial Average declined 0.4%. The small-cap Russell 2000 shed 1.0%, as the S&P Midcap 400 dipped 0.4%. Like the previous day, all the major indices settled near their intraday lows.Although the Nasdaq Composite declined f[...]

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[Source: The Money Blogs]