• Dow -50.33 at 11994.07, Nasdaq -9.51 at 2706.00, S&P -6.17 at 1297.95

Market news

14 March 2011

Dow -50.33 at 11994.07, Nasdaq -9.51 at 2706.00, S&P -6.17 at 1297.95

Stocks are under pressure in the early going. They had started to pare their opening gap down, but pressure has picked back up to take the broader market another leg lower.
Utilities stocks are under the most pressure at the moment. The sector's 1.8% loss has been led by weakness among electric utilities (-2.0%), which have been implicated by concerns about Japan's nuclear plants, which have been compromised by the massive earthquake that hit the country late last week.

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