CLOSING BELL

Dow 9908.39  -103.84, Nasdaq 2126.05  -15.07, S&P 1056.74   -9.45 

Weakness in financials sent the market lower today and caused the market to break the psychologically important 10,000 level for the first time in three months.

Financial stocks dropped -2.2%.  Bank of America (BAC) 14.48 -0.52, -3.47% was one of the weakest performers today.  Citigroup (C) $3.15 -0.07, -2.17% was also under pressure today and was the most active Dow component.

The market’s weakness was too much for the retail sector today.  It dragged down shares of retailers from a +1.3% gain to a -0.2% loss. The group had found strength in better-than-expected earnings from CVS Caremark (CVS) 32.72 +1.65, +5.31% and Morgan Stanley's upgrade of Home Depot (HD) 28.59 +0.61, +2.18%.

Commodities had a strong today, the CRB Commodity Index advanced to a +1.2% gain.

Advancing Sectors: (None)

Declining Sectors: Financials -2.2%, Materials -1.5%, Industrials -1.1%, Utilities -1.1%, Energy -0.9%, Telecom -0.8%, Tech -0.5%, Consumer Discretionary -0.4%, Health Care -0.4%, Consumer Staples -0.3%