During trading today, the Services sector (IYC) showed little change while the S&P 500 fell 0.2%.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, IYC was up 3.9% over the last thirty trading days, and the S&P 500 climbed 2.7%.
LiveDeal (LIVE) was a major gainer in the sector, rising 13.7% (+84 cents) to close at $6.97 with 217,555 shares moving. The stock traded in a range of $6.10 to $7.67.
Liquidity Services (LQDT) was a major loser in the sector. Its price dropped 8.8% (-$5.06) to close at $52.28, as 3.4 million shares moved. The stock traded in a range of $49.52 to $57.96. The stock has been going in a negative direction over the last month, dropping $8.10 (-13.4%) from a price of $60.38 on May 21, 2012.
Directv (DTV) rose 3.4% to close at $47.30, cross its 50-day moving average of $45.80 and 200-day moving average of $46.22. United Rentals (URI) declined 4.3% to close at $35.33, moving below its 50-day moving average of $36.59 and 200-day moving average of $36.81.
51job (JOBS) rose 3.7% to close at $47.71, approaching its 50-day moving average of $49.05. It has also moved closer to its 200-day moving average of $50.06. Buffalo Wild Wings (EQR) fell 2.5% to close at $85.08, moving closer to its 50-day moving average of $84.02. Also, the stock moved closer to its 200-day moving average of $59.50.
Walgreen (WAG) hit a new 52-week low today, hitting $28.53 to fall below the previous low of $29.80.