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Category: Dr. Duke's Blog
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The markets opened positively this morning, but started weakening in the early afternoon and ended the day in negative territory. SPX lost $27 to close at $1942 and RUT closed down $14 at $1148. The VIX rose over one point to 26.3%. Trading volume was flat to slightly higher with 2.3 billion shares of the S&P 500 stocks trading (down a bit from yesterday), but the NYSE trading volume rose 5% and trading on NASDAQ rose 4%.

The JOLTS job openings for July increased from 5.323 million to 5.753 million. There wasn't any other significant economic news. Apple's announcement of new iPhone and iPad models didn't seem to excite investors as Apple traded lower. Maybe it was just following the overall market. Oil prices pulled back and that may have contributed to market weakness. It is hard to say. This is a nervous market; it doesn't take much to move it.