{"id":12971,"date":"2011-09-30T11:11:00","date_gmt":"2011-09-30T11:11:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-down-sharply-in-early-trading\/12971\/"},"modified":"2011-09-30T11:11:00","modified_gmt":"2011-09-30T11:11:00","slug":"stocks-down-sharply-in-early-trading","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-down-sharply-in-early-trading\/12971\/","title":{"rendered":"Stocks Down Sharply in Early Trading"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p>Stocks are down sharply in early trading today following some weak economic data released in the euro zone and the U.S. Investors are expected to remain cautious on the last trading day of what has been a very volatile quarter for global equity markets.<\/p>\n<p><span id=\"more-12971\"><\/span><\/p>\n<p>At last check, the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> was trading 0.86% lower at 11,058.43, the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> was trading 1.42% lower at 1,243.89, and the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> was trading 1.45% lower at 2,445.89. Stocks had ended on a mixed note in Thursday\u2019s trading session.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>All sectors in the S&amp;P 500 are falling in trading today. Conglomerates are leading the losses in the S&amp;P 500 in early trading. At last check, Conglomerates were trading 2.54% lower. Basic Materials stocks are currently trading 1.27% lower, while Energy stocks are currently trading 1.36% lower. Transportation stocks are currently trading 2.03% lower.<\/p>\n<p>Among the major losers in early trading today are Ingersoll-Rand Plc (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ir\">NYSE: IR<\/a>), which is currently trading 15.83% lower at $26.90, Wynn Resorts Limited (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=wynn\">NASDAQ: WYNN<\/a>), which is currently trading 5.07% lower at $119.18, AZZ Incorporated (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=azz\">NYSE: AZZ<\/a>), which is currently trading 6.02% lower at $37.77, Micron Technology Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=mu\">NASDAQ: MU<\/a>), which is currently trading 12.27% lower at $5.15, and Yandex NV (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=yndx\">NASDAQ: YNDX<\/a>), which is currently trading 7.43% lower at $20.92.<\/p>\n<p>Among the major gainers in trading currently are Global Crossing Ltd. (<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">NASDAQ<\/a>: GLBC), which is currently trading 7.03% higher at $25.72, and Level 3 Communications Inc. (NASDAQ: LVLT), which is currently trading 5.96% higher at $1.60.<\/p>\n<p>On the economic front, a report released by the Commerce Department earlier today showed that consumer spending in the U.S. slowed in the month of August as incomes fell for the first time in two years. According to figures released by the Commerce Department, consumer spending rose 0.2% in August and personal income fell 0.1% in August.<\/p>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks are down sharply in early trading today following some weak economic data released in the euro zone and the 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