{"id":26350,"date":"2012-05-03T12:32:00","date_gmt":"2012-05-03T12:32:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-in-red-in-mid-day-trading-2\/26339\/"},"modified":"2012-05-03T12:32:00","modified_gmt":"2012-05-03T12:32:00","slug":"stocks-in-red-in-mid-day-trading-2","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-in-red-in-mid-day-trading-2\/26350\/","title":{"rendered":"Stocks in Red in Mid-Day 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><!--Ad Injection mfunc mode ad include code--><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><!--\/mfunc--><\/p>\n<p>U.S. stocks edged lower on Thursday as weaker than expected ISM non-manufacturing data outweighed improved weekly jobless claims news. Market sentiment was also weakened by cautious comments from Mario Draghi during ECB\u2019s meeting on interest rate decision.<\/p>\n<p><span id=\"more-26350\"><\/span><\/p>\n<p><a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> Industrial Average (DJIA) was sliding 0.13%, at 13251.24. <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> Composite Index was edging lower 0.25%, at 3052.06 while <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> index was losing 0.18%, at1399.78.<\/p>\n<p><!--Ad Injection mfunc mode ad code--><!--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 key sectors under S&amp;P 500 were trading lower on Thursday.<\/p>\n<p>After ISM data on manufacturing activities showed a strong recovery, Investors\u2019 sentiment took a beating on Thursday as ISM non manufacturing data turned out weaker than expected.<\/p>\n<p>According to the data provided by ISM, the pace of non-manufacturing sector slowed to 53.5 in April, down from 56.0 in previous month. Economists were expecting the reading of 55.5 for last month. However, the job market showed some signs of recovery as weekly jobless claims fell unexpectedly, according to U.S. Labor Department.<\/p>\n<p>Meanwhile, in the euro-zone, the ECB kept the benchmark interest rate unchanged at 1% even as its President Mario Draghi said that any meddling with existing monetary cycle will be a premature for the moment.<\/p>\n<p>Now, all eyes are set on U.S. private sector jobs data, due to be released on Friday.<\/p>\n<p>Moving onto earnings season, General Motors, (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=GM\">NYSE: GM<\/a>), announced earnings that were better than Wall Street expectations as the automaker was able to hike its price and cut losses in its European operations.<\/p>\n<p>After the evening bell ring, earnings reports are expected from (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=KFT\">NYSE: KFT<\/a>),\u00a0AIG\u00a0(<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nyse\/today.aspx\">NYSE<\/a>: AIG)\u00a0and\u00a0LinkedIn\u00a0(<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=LNKD\">NYSE: LNKD<\/a>).<\/p>\n<p>Green Mountain shares\u00a0(<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">NASDAQ<\/a>: GMCR)\u00a0tumbled more than 40 percent after the single-serve coffee company cut-back its full-year sales outlook and warned that its growth\u00a0was beginning to see a slowdown.<\/p>\n<p>Whole Foods Market shares\u00a0(<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=WFM\">NASDAQ: WFM<\/a>)\u00a0climbed up after the upscale grocery store chain surpassed Wall Street estimates and raised its full-year earnings guidance.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/recent-events\/business-news\/geoeye-inc-geoy-proposes-acquisition-of-digitalglobe\/26454\"><br \/>\nGeoEye Inc. &#8211; GEOY &#8211; Proposes Acquisition Of DigitalGlobe<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/consolidated-edison-ed-first-quarter-results-were-in-line-with-expectations\/26453\"><br \/>\nConsolidated Edison &#8211; ED &#8211; First quarter results were in line with expectations<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/alon-usa-energy-alj-first-quarter-results-reflect-improvement-in-refining-margins\/26450\"><br \/>\nAlon USA Energy &#8211; ALJ &#8211; First quarter results reflect improvement in refining margins<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/lumos-networks-corp-lmos-focused-on-providing-the-highest-level-of-quality-customer-service\/26452\"><br \/>\nLumos Networks Corp. &#8211; LMOS &#8211; Focused on providing the highest level of quality customer service<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/northwest-natural-gas-company-nwn-solid-results-in-the-quarter\/26451\"><br \/>\nNorthwest Natural Gas Company &#8211; NWN &#8211; Solid results in the quarter<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/stocks-sharply-lower-on-disappointing-jobs-data\/26435\"><br \/>\nStocks Sharply Lower on Disappointing Jobs Data<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/recent-events\/business-news\/gold-prices-in-green-silver-prices-sharply-lower\/26434\"><br \/>\nGold Prices in Green; Silver Prices Sharply Lower<\/a><\/li>\n<\/ul>\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>U.S. stocks edged lower on Thursday as weaker than expected ISM non-manufacturing data outweighed improved weekly jobless claims news. Market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94],"tags":[48,68,102,505,1423,1664],"class_list":["post-26350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-aig","tag-gmcr","tag-dmgm","tag-kft","tag-wfmi","tag-lnkd"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/26350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=26350"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/26350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=26350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=26350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=26350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}