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Stock Market Update - Thu Nov 15 15:35:01 EST 2007

Thu Nov 15, 2007 3:35pm EST

[BRIEFING.COM] Selling pressure faded as the indices bounced off their lows, but a renewed wave of selling interest pushes the indices back towards their intraday lows.  Continued worries of subprime related losses are playing a large role in the financial sector's (-3.0%) weakness.

Only the utilties sector (+0.3%) remains in the green.  Of note, the energy sector (-2.6%) has not recovered along with crude oil prices (-0.6%).

NYSE Adv/Dec 602/2670...Nasdaq Adv/Dec 724/2239


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