Stocks Pare Losses In Late Morning Trading But Remain Negative

Moving into Thursday's late morning trading, stocks have come off their lows of the day but remain mostly negative. With a rise in crude oil prices, airline stocks are showing some of the day's widest losses.

The Amex Airline Index is down nearly 6%. At the other end of the spectrum, gold stocks are performing well, with the Amex Gold Bugs Index up over 6.5%. Currently, the Dow is down 81.99 at 11,335.44, the Nasdaq is down 27.08 at 2,362.00, and the S&P 500 is down 8.16 at 1,266.38. Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved