Advertisement
New Zealand markets closed
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NZD/USD

    0.5892
    -0.0013 (-0.22%)
     
  • NZD/EUR

    0.5523
    -0.0022 (-0.39%)
     
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • OIL

    83.24
    +0.51 (+0.62%)
     
  • GOLD

    2,406.70
    +8.70 (+0.36%)
     
  • NASDAQ

    17,037.65
    -356.67 (-2.05%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    37,986.40
    +211.02 (+0.56%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • NZD/JPY

    91.0710
    -0.1830 (-0.20%)
     

Stocks mixed in intraday trading, energy leads sector gains

Yahoo Finance's Seana Smith breaks down how stocks are trading on Thursday afternoon.

Video transcript

DAVE BRIGGS: Let's get you up to speed with what's moving the markets. Hey, Seana.

SEANA SMITH: Hey there, Dave. Well, not a heck a lot of movement here when you take a look at the major averages. The Dow just lower by a fraction here, off just about 26 points. The S&P moving to the upside, holding onto gains, although we are seeing lower volume here. S&P volume today about 20% below the 30-day average that we have been seeing.

Let's take a look at treasuries because we're seeing yields come back just a bit today with the 10-year around-- right around 288. Taking a look at the sector action today, it is a bit of a mixed picture. Energy by far the outperformer once again today, up just around 2 and 1/2%. On the flip side, we're seeing healthcare, real estate, financials, consumer discretionary lagging.

ADVERTISEMENT

Let's get up to speed with some of these retailers here because it is a big story in the market today. We had Kohl's out before the bell this morning. We're seeing that stock tank here, heading into the last hour trading shares off just about 6 and 1/2%, almost a 7% drop here. They missed expectations just in terms of their guidance, which is a huge issue here for the Street. You're seeing that reflected in the stock action today.

On the flip side, BJ's was also out with its results. And you can see the Street is excited about what we saw, up just around 6 and 1/2%. Bank of America upgrading the stock to a buy from neutral on the heels of these results. And as a result of the mixed earnings that we're getting from retail, we're seeing a bit of a mixed picture here when you take a look at the heatmap.