The index at mid-session is down on the day by a fraction, slipping beneath 1500 by less than a point. That small decline is masking what is a weak day when looking at sectors. Apple (AAPL) has helped pull Technology into the green, and it is the sole sector that is not weaker. Materials, Consumer Discretionary, Energy, and the Financials are the leaders on the downside. Next support is at 1485.98. Resistance is at 1503.23, the high of the session.
Chairman Ben Bernanke is telling Congress Wednesday that the U.S. job market remains weak and that it is too soon …