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NYSE trader: American consumers aren't concerned about Italy and neither is Wall Street

Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.

Here's the performance of the top S&P 500 stocks as of 1:30 pm ET:

ALB Albemarle Corp 1.29%

APD Air Products & Chem Inc 1.01%

ARNC Arconic Inc 0.95%

AVY Avery Dennison Corp 0.95%

BLL(HB) Ball Corp 0.97%

CF CF Industries Hldgs Inc 1.13%

DOV Dover Corp 0.82%

DWDP DowDuPont Inc 1.77%

EMN Eastman Chemical 0.79%

FCX Freeport-McMoRan Inc 2.94%

FMC FMC Corp 1.11%

IFF Intl Flavors/Fragr 0.62%

IP Intl Paper 2.00%

LYB(HB) LyondellBasell Ind N.V. 'A' 1.88%

MON Monsanto Co 0.09%

MOS The Mosaic Co (New) 0.66%

NEM Newmont Mining 0.94%

NUE Nucor Corp 2.50%

PH Parker-Hannifin 1.83%

PKG Packaging Corp America 0.74%

PNR(HB) Pentair Plc 1.68%

PPG(E) PPG Indus Inc 0.63%

PX PraxAir Inc 1.98%

SEE Sealed Air 0.79%

SHW Sherwin-Williams -0.14%

Here's the performance of the bottom S&P 500 stocks as of 1:30 pm ET:

KORS Michael Kors Hldg, Ltd. -13.25%

CBOE CBOE Glbl Mkts Inc -2.78%

GLW Corning Inc -1.66%

DISCK Discovery Inc Ser C -1.57%

DISH DISH Network Corp Cl A -1.45%

DISCA(HB) Discovery Inc Ser A -1.39%

MU Micron Tech -1.07%

AMAT Applied Materials -1.02%

AAL American Airlines Grp inc -0.99%

GE General Electric Co -0.58%

WHR Whirlpool Corp -0.53%

LUV Southwest Airlines -0.50%

HOG Harley-Davidson -0.45%

LEN Lennar Corp'A' -0.41%

PHM PulteGrp, Inc -0.41%

ALK Alaska Air Grp Inc -0.38%

XLNX Xilinx Inc -0.38%

JNPR Juniper Networks -0.35%

MHK Mohawk Indus -0.35%

IPGP IPG Photonics -0.33%

ULTA Ulta Beauty Inc -0.31%

AAPL Apple Inc -0.30%

GT Goodyear Tire & Rub -0.26%

SWKS Skyworks Solutions -0.23%