MIDDAY LUNCH

Dow 10254.15  -42.93, Nasdaq 2183.89  -6.13, S&P 1096.10  -7.22 

Today’s market losses are broad based with all 10 major sectors in the red.  Some of the losses can be blamed on a stronger dollar.  That has the Dollar Index up +0.5% to a fresh session high.

However, large-cap tech stocks are managing to post some nice gains.  Apple (AAPL) 199.80, +3.94 +2.01%, Google (GOOG) 539.56, +8.44 +1.59%, and Research In Motion (RIMM) 67.66, +2.04 +3.10% are among the best performers in the space.

A earnings miss by Pfizer (PFE) 18.58, -0.48 -2.52% has not helped other health care stocks.  The health care sector is down -1.2%, more than any other major sector.

Financial are also having a tough time today.  The sector has lost -1.1% this session. Its slide has been broad-based, but banks are primary laggards for the second straight session.

The ISM Services Index for January came in at 50.5, which is essentially in-line with the 51.0 that economist had expected and up slightly from the 50.1 that was posted in the previous reading.

Toyota’s (TM) 74.12 -4.06 -5.19% are getting hit on reports the Prius is also experiencing acceleration problems, possibly due to a software problem with the car.  Additionally the U.S. Secretary of Transportation made a comment that he advises anyone with a Toyota to park the vehicle until it can be fixed.