The Services sector (IYC) showed little movement while the S&P 500 gained 1.7% during trading today.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, IYC was up 4% over the last thirty trading days. The S&P 500, in comparison, went up 2.8%.
Supervalu (SVU) was a major loser in the sector, falling 13.8% (-37 cents) to close at $2.32 with 40.5 million shares moving. The stock traded in a range of $2.32 to $2.78.
Abercrombie & Fitch (ANF) was a significant gainer in the sector, rising 5.8%. The stock closed at $35.48 with 4.2 million shares moving. The stock traded in a range of $33.52 to $35.71. The stock is down over the last three months, having fallen $12.94 (-26.7%) from $48.42 on April 17, 2012.
Chunghwa Telecom (CHT) fell 4.7% to close at $29.82, crossing its 50-day moving average of $30.84. Meanwhile, America's Car-Mart (CRMT) climbed 5.1% to close at $43.59, moving past its 200-day moving average of $41.48.
Starwood Hotels (HOT) rose 4% to close at $50.62, approaching its 50-day moving average of $51.96. It has also moved closer to its 200-day moving average of $53.43. Saks (VIFL) fell 4% to close at $10.45, moving closer to its 50-day moving average of $10.39. Also, the stock moved closer to its 200-day moving average of $6.48.
UniFirst (UNF) hit a new 52-week high today, reaching $68.98 to top the previous high of $67.69.