During trading today, the Services sector (IYC) showed little change while the S&P 500 fell 0.3%.
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The ETF, as a as a proxy for sector performance, was down today, but still tracked closer to the overall market than over the past week. Going into trading today, IYC was unchanged over the last seven trading days while the S&P 500 was down 0.3%.
Zumiez (PCLN) fell 2.8% to close at $38.18, moving closer to its 50-day moving average of $37.21. Also, the stock moved closer to its 200-day moving average of $626.46. Kohl's (KSS) rose 2.3% to close at $44.55, approaching its 50-day moving average of $45.87. It has also moved closer to its 200-day moving average of $48.64.
Team Health Holdings (TMH) was a significant gainer in the sector, rising 10.6%. The stock closed at $25.88 with 2.1 million shares moving. The stock traded in a range of $23.24 to $25.88. Share price is up $3.15 (13.9%) from $22.73 on May 30, 2012. Best Buy (BBY) was another big mover, climbing $1.09 (+5.5%) to a closing price of $20.89.
Primus Telecommunications (PTGI) was a major loser in the sector, falling 7.3% (-$1.21) to close at $15.42 with 78,700 shares moving. The stock traded in a range of $15.08 to $15.53. Shares are down over the last two months as the price has dropped $2.02 (-11.6%) from a price of $17.44 on May 1, 2012.