Closing Bell

Posted: July 15, 2008 at 4:06 pm by Lisa

What does this tell us?

MARKET INTERNALS UPDATE AT 3:30PMET
- NYSE volume 1.49B shares, about 25% above its six-month average; decliners and advancers are about even.
- NASDAQ volume 2.35B shares, about 35% above its six-month average; decliners and advancers are about even.

It tells us the market was a bloody battlefield today. That was quite the sell off into the close, with the Dow swinging a good 200 points today, I believe, to end down by 93 points. The dollar is still losing ground and oil is budging below $138.

I’ll have Intel earnings as soon as they come out. Stay tuned.