Daily Wrap

DJIA -9.53 (-0.06%) to 15,238.59;S&P 500 -0.57 (-0.03%) to 1,642.81;NASDAQ -0.38 (-0.01%) to 2,990.49 Coming off last week’s action the market chose to use today to consolidate.  It started with a strong gap higher that immediately sold off and then again rallied near the morning’s highs and this was all before noon EST.  After roughly 12:30 pm EST, the market drifted lower and closed off but closer to the lows of the day than the highs.  After such a stong move, it wouldn’t be surprising to see more consolidation for the days to come. News of the day included Apple Computers (AAPL) which kicked off the…