Gains By Storage Stocks Helping To Keep Broader Markets Afloat

After showing a strong upward move at the open, electronic storage stocks continue to see notable strength in late-morning trading on Thursday.

The strength among electronic storage stocks is reflected by the 1.1 percent gain currently being shown by the NYSE Arca Disk Drive Index. The upward move has lifted the index further off the seven-month closing low it set on Tuesday.

Banking Stocks Advancing After State Street Earnings Forecast

Banking stocks are headed higher along with a majority of market sectors amid a bargain hunting rally underway on Wednesday. The banking sector is seeing strength after State Street (STT) forecast strong second quarter earnings.

Networking Stocks Helping To Lead Broad Market Rebound

After showing a strong upward move at the open, networking stocks are continuing to see notable strength in late morning trading on Tuesday amid a broad based market rally driven largely by bargain hunting.

Healthcare Provider Stocks Sliding Amid Lackluster Market Performance

Despite the day’s choppy trading on Wall Street, healthcare provider stocks are seeing steep losses in late-morning trading on Friday.

The losses by healthcare provider stocks have resulted in a 1.7 percent pullback by the Morgan Stanley Healthcare Provider Index. With the slide, the index is moving lower for the fifth day in a row and is on pace for its lowest closing level in nearly five months.

Biotechnology Stocks Participating In Broad Market Sell-Off

After showing a steep move to the downside at the open, biotechnology stocks continue to see notable weakness in late morning trading on Thursday. The weakness in the biotech sector comes amid broad-based selling following a batch of disappointing economic data.

Airline Stocks Bouncing Back Amid Choppy Trading

Airline stocks have shown a notable move to the upside over the course of morning trading on Wednesday, even as the broader markets are seeing some choppy movement.

Most stocks in the sector are seeing similar moves amid bargain hunting, which is helping the stocks to bounce back from lows set on Tuesday.

U.S. Foreclosure Homes Account For 31% Of Q1 Residential Sales: RealtyTrac

Online marketplace of foreclosure properties, RealtyTrac, in its first U.S. Foreclosure Sales Report, revealed Wednesday that first-quarter foreclosure homes contributed nearly a third of all U.S. residential sales. In the corresponding quarter last year, foreclosure homes accounted for 37% of all residential sales. The average distress sales price was $171.97 thousand.

Semiconductor Stocks Weighing Heavily On Broader Markets

Semiconductor stocks are showing notable weakness during trading on Tuesday, as concerns about China’s economic growth and the general sustainability of the global economic recovery is weighing on demand prospects for the sector. Micron Technology (MU) is leading the sector lower after providing disappointing guidance.

Natural Gas Stocks Lower Amid Volatile Session

Natural gas stocks are under pressure during late morning trading on Monday, amid a volatile day in the stock markets thus far.

The weakness among natural gas stocks is reflected by the 1 percent loss currently being shown by the NYSE Arca Natural Gas Index. With the retreat, the index is on pace for a two and a half week closing low.

Airline Stocks Pulling Back Further Off Recent Highs

While the broader markets are showing a lack of direction, airline stocks have come under pressure over the course of morning trading on Friday. The weakness in the sector comes as traders continue to cash in on the strength that was seen earlier this month.