The tech stocks and golds are rebounding a little today as traders look for some bargains. Everything else, however, is lower. Industrials are down 2.5%, whereas energy stocks are off 2.2%. Health care stocks, as well as real estate and telecoms, are notably weaker, feeding the inevitable fall of the financials too.

BCE continues to lead the way down, dropping 2.6% in active trading. Telus is down another 6.3% as well.

Energy stocks are dropping, following the descent of crude oil prices. EnCana has dropped 3.7% today. Talisman is weaker, as is Petro Canada.

Bombardier and CP Ships are taking a beating along with many other blue chips. Norske Skog is lower, as is Coolbrands, Patheon and Descartes Systems.

The financials continue to attract lots of action. Royal Bank is down 1.1%, CIBC is down 1.4% and Bank of Montreal is down 2.2%. TD is also weaker today. Kingsway Financial has dropped 7.5% among the insurers, however, Manulife Financial and C.I. Fund Management are higher today.

The rebound in tech stocks is being led by Celestica, with some help from ATI and CGI Group. There have also been gains in Rogers Communications and Shaw Communications.

Vincor International is receiving a thumbs-up from the market for its latest acquisition. The stock is up 2.8% today on news that it will acquire an Australian winery.

Hub International is jumping on the acquisition bandwagon too, buying the assets of the Trussell Insurance Agency Inc. of Newburyport, Mass. It is also buying the Trussell, Glidden and Mahoney Insurance Agency, Inc. of Greenland, New Hampshire for an undisclosed amount of cash.

In New York, markets opened lower on some negative corporate news, but there is also a general malaise around stocks. Those early losses have held pretty steady, with the Dow down 161 points to 7,341. The S&P 500 is off 15 points to 783. Nasdaq, however, is holding up best, losing just three ticks to 1,126.

The small caps haven’t escaped the selling today either. The S&P/TSX Venture index is down six ticks at midday to 907. Volume is soft at less than 10 million shares. The top trader so far today is First Labrador.