01.08.2008 21:40

Dow -39.89 at 11338.13, Nasdaq -12.52 at 2313.03, S&P -5.44 at 1261.94

Stocks continue to slog along through negative territory. The respective positions of the three major indices have improved, though. At their lows, the Dow was down 1.0%, the Nasdaq was down 1.7%, and the S&P 500 was down 1.0%.
Weakness is most distinguishable in utilities and materials, both down 1.8%. Every component of the Dow Jones Utility Average is now in the red. Weakness in materials is focused around Monsanto (-3.72) and Freeport-McMoRan (-4.50).






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