The stock markets are trading lower at 2:00 pm EST. Stocks are down across the board. All major indexes are logging at least 1% lost. The tech heavy Nasdaq by the far the worst index, it is down almost 2%. The fear of inflation is the blame for today's lost. The price of oil is almost at all time high, there is no slowing demand for this commodity, and summer traveling season is coming. There is no relief in sight. The price of gold is over $700 per oz. A 26-year high for the gold metal. Volume has picked up dramatically in today's session. The earning season is almost behind us now.
The only gainers are the ethonal related issues, such as (ADM) and (PEIX). Even the mighty (HANS) is logging down almost $20 points.
Today's Stock Movers at 2:00 pm EST
Volume Momemtum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)
Stocks Up:
(BIDU) 86.36 +2.38 +1,080
(RBA) 59.63 +2.59 +387
(ARJ) 36.01 +1.46 +359
(JOBS) 25.45 +1.14 +277
(FSTR) 25.75 +0.82 +268
Stocks Down:
(CG) 49.88 -2.67 +1,091
(STST) 30.51 -2.27 +1,089
(FNM) 50.49 -1.01 +751
(BSTE) 47.90 -7.21 +724
(NURO) 36.51 -3.24 +656
Tags: stocks midday
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