OPENING DIVE

Markets have opened lower with news on the loan front from HSBC stirring the equities. The DJIA is -43, NAZ -9 and SPX -5.

Strong sectors are few but include bioechs, metals, utilities, eits, drugs and some tech including software. Leading lower are finanicals, brokers, banks, homnies, emerging markets, semis, oils, gaming, small caps and large cap value.

Key stocks are lower with GS CME MS MER are leading the swoon GOOG AAPL and KLAC are also red. ICE is green as a "tier 1" firm upgraded and put on a $170 price target.

Market internals are all red with about 800 net red on NYSE and net 560 red on the NAZ. The SPX has 175 green, NDX about 40 green and OEX about 25 trading higher.

Volatility indexes have bounced about 5% as both the VIX and the VXO now trade in the mid 10 range.

Strongest stocks include EMC AVP DIS AA SLE MDT HPQ APOL XRAY SIRI AMLN CC and OMX while LVLT AKAM MXIM ERIC NVDA COST LEH COF MS GS INTC and MER are leading lower.