STOCK MARKET UPDATE
MARKET SNAPSHOT

Dow	16446.59	+21.74	(0.13%)
Nasdaq	4107.06	+20.83	(0.51%)
SP 500	1868.34	+6.03	(0.32%)
10-yr Note	-25/32	2.723
NYSE	Adv 1727	Dec 1255	Vol 404.9 mln
Nasdaq	Adv 1730	Dec 939	Vol 1.14 bln

INDUSTRY WATCH

Strong: Consumer Discretionary, Energy, Financials, Industrials, Materials

Weak: Consumer Staples, Technology, Utilities

MOVING THE MARKET

Google (GOOG) and IBM (IBM) pressure the tech sector after reporting below-consensus earnings Goldman Sachs (GS) and Morgan Stanley (MS) boost financial sector following better-than-expected results Most global equity markets closed tomorrow and European markets will be closed on Monday

Nasdaq Holds the Lead
17-Apr-14 14:00 ET
Dow +21.74 at 16446.59, Nasdaq +20.83 at 4107.06, S&P+6.03 at 1868.34
[BRIEFING.COM] The major averages hover at their best levels of the session, with the Nasdaq (+0.5%) in the lead. Including today's gain, the Nasdaq is up 2.7% this week, but remains down 1.7% for the month of April. Meanwhile, the S&P 500 (+0.3%) has padded its weekly gain to 2.9%, but is still down 0.2% since the start of April. It is worth mentioning the benchmark index remains in the green for the year with a gain of 1.1%.

Looking at individual sectors, the energy space (+0.9%), which is among today's leaders, has extended its April gain to 4.1%, which puts it well ahead of the remaining groups. On the flip side, today's weakest sector—utilities (-1.1%)—follows not far behind energy with a month-to-date gain of 2.3%. Despite today's loss, the countercyclical sector remains atop the 2014 leaderboard with a solid increase of 11.5%.





Read more: http://www.briefing.com/investor/markets/stock-market-update/2014/4/17/nasdaq-holds-the-lead.htm#ixzz2zLHMaJ5r