The S&P 500 lost 0.3% while the Services sector (IYC) showed little movement during trading today.
eLong (LONG) was a significant gainer in the sector, rising 11.5%. The stock closed at $15.95 with 79,654 shares moving. The stock traded in a range of $14.35 to $15.95.
Yelp (YELP) was a major loser in the sector. Its price dropped 6% (-$1.22) to close at $19, as 1.1 million shares moved. The stock traded in a range of $18.79 to $20.22.
Telefonica Brasil (VIV) declined 3.9% to close at $23.34, moving below its 50-day moving average of $24.07 and 200-day moving average of $26.23. Capella Education Company (CPLA) climbed 2.3% to close at $34.05, moving past its 200-day moving average of $33.36.
Rovi Corporation (ROVI) rose 4.3% to close at $15.13, approaching its 50-day moving average of $15.28. It has also moved closer to its 200-day moving average of $23.67. Limited Brands (SHLD) fell 4.2% to close at $48.05, moving closer to its 50-day moving average of $47.17. Also, the stock moved closer to its 200-day moving average of $55.44.
DSW (DSW) hit a new 52-week high today, reaching $64.90 to top the previous high of $63.10.