S&P 500 Round Up - Lower: XOM , HD , WMT

Published on Tuesday, 07 September 2010 12:48 Written by Gerard Lerod

New York, September 7th (TradersHuddle.com) - The S&P 500 index is lower trading at 1095.5, which represents -0.82% versus its previous close. The broad market index is having an overall negative day with more than 70% of the S&P 500 components trading negative.

Exxon (NYSE:XOM) is the S&P 500's top performer this morning with the stock trading at $60.7 representing 241.97% versus the previous trading session. Shares of Exxon, the biggest U.S. energy producer have defined support at $59.25 and resistance at $62.99.

Home Depot (NYSE:HD) is also among the top performers, and it is trading at $29.42 representing 63.44% from its previous close. Home Depot, the home improvement retailer has calculated support and resistance levels at $27.10 and $28.84 respectively. The other top performer this morning is Wal-Mart (NYSE:WMT), which is trading at $52.26 representing 11.19% from the previous close.

The S&P 500's worst performers include Citigroup (NYSE:C) that is trading at $3.84 or -96.81% from the previous close. Shares of Citigroup, the diversified financial services firm have defined support at $3.64 and resistance at $4.27. Also among the worst performers Sprint Nextel (NYSE:S), which is trading at $4.37 representing -84.39% from the previous trading session.

Benchmark crude for October delivery is also trading lower at $73.46 a barrel on the New York Mercantile Exchange lower by $-0.97 from the previous trading session.

The S&P 500 is underperfoming the Dow Jones but is pretty much equal with the NASDAQ composite. The Dow Jones Industrial Index is currently trading at 10368.3, which represents -0.76% from previous close, the NASDAQ on the other hand is trading at 2216.65 that represents -0.77% from previous close.