During trading today, both the Services sector (IYC) and the S&P500 showed little movement.
The ETF, as a proxy for the sector, tracked farther from the overall market today than over the past month. Entering today's trading, IYC was up 5.8% over the last thirty trading days while the S&P 500 climbed 6%.
Netflix (NFLX) was a major gainer in the sector, rising 13.4% (+$9.68) to close at $81.72 with 14.9 million shares moving. The stock traded in a range of $74.26 to $82.90. Shares have been on on the rise over the past month, climbing $16.89 (26.1%) from a price of $64.83 on June 5, 2012.
Cato (CATO) was one of the sector's big losers, as its price dropped 10.5% (-$3.32) to close at $28.39. 466,056 shares of the stock moved. The stock traded in a range of $27.82 to $30.22. Over the last three months, the stock has gained $1.18 (4.3%) from a price of $27.21 on April 9, 2012.
Veolia Environnement Ve (VE) fell 8.6% to close at $11.65, crossing its 50-day moving average of $12.41. Meanwhile, Limited Brands (LTD) climbed 4.5% to close at $46.12, moving past its 200-day moving average of $44.92.
Lululemon Athletica inc (LULU) rose 3.8% to close at $60.16, approaching its 50-day moving average of $65.93. It has also moved closer to its 200-day moving average of $65.98. DigitalGlobe (DGI) fell 5.4% to close at $15.50, moving closer to its 50-day moving average of $15.47. Also, the stock moved closer to its 200-day moving average of $15.06.
TJX Cos (TJX) hit a new 52-week high today, reaching $44.63 to top the previous high of $43.78.