Top Financial Stocks
Financial stocks are little changed, with the NYSE Financial
Sector Index slipping less than 0.1% while the S&P Financial
100 Index is up less than 0.1%.
In company news, Nasdaq OMX (
) is narrowly higher at $35.81 a share, rising about 0.25% after
trading for some Nasdaq-listed index securities were temporarily
halted this afternoon after the securities exchange's Global Index
Data Service was disrupted. Normal operations resumed at 12.37 pm
EDT. The glitch affected two of the market's more closely watched
indices - the Nasdaq 100 and the Nasdaq Composite - forcing a brief
shutdown in trading of securities linked to those indices.
NDAQ's Philadelphia-based PHLX options exchange halted trading
in options tied to the Nasdaq 100 at 12:06 p.m. Eastern, according
to a trader alert. The options exchange also halted trading in
options tied to other Nasdaq indexes, including the PHLX Oil
Service Sector and PHLX Semiconductor indexes.
NDAQ officials said they were investigating the issue, adding no
equity exchange operations were affected by the shutdown.
In other sector news,
(+) HIG, (+0.6%) Q3 core earnings of $1.03 per share beats by
$0.20 per share. Consolidated revenue climbs just 0.3% year over
year to $5.64 bln but easily surpasses consensus view looking for
$4.87 bln in revenue.
(-) CLNY, (-3.1%) Announces plans to sell 10 mln shares of its
common stock, with proceeds tabbed for paying down revolving credit
facilities and the purchase of "target assets in a manner
consistent with its investment strategies."
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