One reason for the market's late day weakness: Apple just crossed below its 200 day moving average ... $327 and change ... for the first time since April 2009 , when it was $116.
That happened a little after 1 PM ET, and the rest of the market dropped soon after that.
NYSE IPO tomorrow ... yes they are still coming. Bankrate the Internet personal finance company (advice on mortgages, deposits, insurance, credit cards, and other categories, such as retirement, automobile loans, and taxes) seeking to raise 20 million shares at $14-$16, I hear it is "covered" but not oversubscribed ... I will have the CEO First on CNBC right after the stock opens tomorrow morning.
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