[June 15, 2011] SmarTrend Midday Market Recap -- June 15, 2011 (DJI,INX,IXIC) Tweet Jun 15, 2011 (SmarTrend(R) Market Commentary via COMTEX) -- Last updated June 15, 2011: 12:30 PM ET --- The major U.S. equity indices are trading lower Wednesday due to weaker-than-expected economic data and on Greece's debt troubles. Industrial production rose just 0.1% in May, as the index edged up to 93.0 the second consecutive month of little or no gain, the Federal Reserve reported today. For April, the original estimate of 93.1 was revised down to 92.9. The index is up 3.4% from May 2010. The Empire State Manufacturing Index fell below zero for the first time since November 2010 today, falling twenty points to -7.8, the New York Federal Reserve reported today. Economists had expected the measure to rise to 13 from 11.9 in May. The employment index fell to 10.2 from 24.7 last month, and the prices paid index fell to 56.1 from 69.9. The Dow Jones Industrial Average (DJI) is trading 1.37% lower at 11,911.04, the S&P500 (INX) is trading 1.75% lower at 1,265.30, and the Nasdaq Composite (IXIC) is trading 1.58% lower at 2,636.49. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]