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06.06.2011 15:18

Dow -41.13 at 12110.13, Nasdaq -10.48 at 2722.30, S&P -7.71 at 1292.45

The major market averages continue to struggle in the early going with all three trading in negative territory. Today's selling has pushed the S&P 500 to its worst level since March 23 as the index trades lower for the fourth consecutive session. A 0.6% drop has the S&P leading the decline with both the Dow and Nasdaq outperforming with declines of 0.4%.
The S&P 500 Consumer Discretionary Index trades just below the flat line, down 0.3%, to outperform the broader S&P 500. Shares of motorcycle maker Harley-Davidson (HOG 37.51, +1.64) are the best performing among S&P 500 listings as rumors of a private equity takeover have provided a boost of 4.4%.

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