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 week. Going into trading today, the S&P 500 was up 0.1% over the last seven trading days, but IYC was down 0.5%.
J2 Global (JCOM) was a major gainer in the sector, rising 8.5% (+$2.24) to close at $28.47 with 1.7 million shares moving. The stock traded in a range of $27.28 to $29.40.
Sothebys (BID) was one of the sector's big losers, as its price dropped 5.9% (-$1.90) to close at $30.39. Two million shares of the stock moved. The stock traded in a range of $30.12 to $31.80. The stock has fallen over the last three months, dropping $7.02 (-18.8%) from $37.41 on April 18, 2012.
ExlService Holdings (EXLS) rose 3.4% to close at $23.85, cross its 50-day moving average of $23.37 and 200-day moving average of $24.96. Multi-Color Corporation (LABL) declined 4.8% to close at $21.17, moving below its 50-day moving average of $21.09 and 200-day moving average of $22.00.
Brady (BRC) rose 2.8% to close at $25.86, approaching its 50-day moving average of $27.22. It has also moved closer to its 200-day moving average of $30.10. Discovery Communications (DISCK) fell 2.5% to close at $45.27, moving down to 0.5% above its 200-day moving average of $45.05.
National Health Investors (NHI) hit a new 52-week high today, reaching $54.03 to top the previous high of $53.12.