The Services sector (IYC) showed little change during trading today while the S&P 500 rose 1.2%.
Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, IYC was down 3.3% over the last thirty trading days while the S&P 500 was down 4.8%.
Tractor Supply Company (TSCO) was a major loser in the sector, falling 7.2% (-$7.15) to close at $92.47 with 4.3 million shares moving. The stock traded between $89.63 and $98.89. The share price has dropped $7.01 (-7%) from $99.48 on April 27, 2012.
Increasing 6% (+$3.43) to close at $60.69, NetEase.com (NTES) was a major gainer in the sector. Today, 859,224 shares traded hands. The stock traded in a range of $57.48 to $60.94. Shares have been on on the rise over the past three months, climbing 69 cents (1.1%) from a price of $60 on April 27, 2012.
Vail Resorts (MTN) rose 5.8% to close at $43.88, cross its 50-day moving average of $42.10 and 200-day moving average of $42.59. Meredith Corporation (MDP) declined 2.6% to close at $29.58, moving below its 50-day moving average of $29.64 and 200-day moving average of $30.58.
Strayer Education (STRA) rose 2.1% to close at $91.24, approaching its 50-day moving average of $91.31. It has also moved closer to its 200-day moving average of $96.85.
Bed Bath & Beyond (BBBY) hit a new 52-week high today, reaching $74.67 to top the previous high of $73.10.
Delhaize Group (DEG) hit a new 52-week low today, hitting $36.68 to fall below the previous low of $38.47.