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Stocks putting on midday rally to erase worst of losses

Aug. 24, 2015 12:32 PM ETQQQ, SPY, DIA, IVV, RSP, ILCB, VV, QQEW, PSQ, SH, DOG, QLD, SSO, DDM, DXD, QID, SDS, ZTR, CRF, QQXT, EPS, FEX, EEH, RWL-OLD, USA, SPXL, UPRO, EQL, IWL, SCHX, TQQQ, SQQQ, UDOW, SDOW, VOO, SFLA-OLD, FWDD, QQQE, ERW, SYE, SPLX, SPUU, OTPIX, RYARX, UDPIX, VFINX, ZLRG, SBUS, SPXUBy: Jason Aycock, SA News Editor51 Comments
  • Stocks are down about 1% (and the Nasdaq just -0.3% as some tech names turn green) -- a bad day on many occasions, but a major clawback from the Dow's 1,000-point-lower opening minutes today, with some more aggressive bargain hunting going on.
  • The Dow's down just 140 now. Advancers at the NYSE are up to just under 200, against nearly 3,000 trading in the red. Apple and Intel are the Dow reps that are in positive ground.
  • The VIX is around 37 after jumping near 50. Earlier, the NYSE invoked Rule 48 (allowing stocks to open without indications) for the first time since the Global Financial Crisis.
  • The dollar is still down against major currencies: -2.6% against yen, down 1.2% against the Swiss franc. The euro was up 1.6% against the dollar. Nymex WTI crude recovered a bit but is still down 3.9% to $38.87.
  • ETFs: SPY, QQQ, DIA, SH, SSO, SDS, VOO, IVV, UPRO, PSQ, SPXU, TQQQ, SPXL, RSP, QID, SQQQ, QLD, CRF, DOG, DXD, RWL, UDOW, EPS, SDOW, VV, USA, SCHX, DDM, VFINX, ZF, QQEW, QQQE, FEX, JKD, EEH, SPLX, SFLA, EQL, QQXT, IWL, SPUU, ERW, FWDD, ZLRG, SYE, UDPIX, SBUS, OTPIX, RYARX

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