After moving sharply lower at the open, stocks have seen continued weakness over the course of the first half-hour of trading on Wednesday. While the major averages have not seen much follow-through on their initial downward moves, they have remained firmly negative.
With traders reacting to weak employment data, most of the major sectors have come under pressure. Healthcare, electronic storage, and real estate stocks are posting notable losses, while gold stocks are among the only groups bucking the downtrend.
The major averages have moved roughly sideways in recent trading, stuck well below the unchanged line. The Dow is currently down 103.63 at 7,505.29, the Nasdaq is down 28.12 at 1,500.47 and the S&P 500 is down 12.94 at 784.93.
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