FYI: U.S. stocks inched lower Wednesday, snapping a five-session streak of gains for the S&P 500.
The broad stock-market index edged down 0.22%, while the Dow Jones Industrial Average slipped 21 points, or less than 0.8%, to 25390. Both benchmarks have added about 9% this year but were still 5.3% or more below last year’s records entering Wednesday’s session. The tech-heavy Nasdaq Composite dropped 0.36%, though it remained close to exiting bear-market territory, having risen almost 20% from its Christmas Eve lows.
Stocks around the world have mostly bounced higher this week, buoyed by a number of stronger-than-expected earnings reports that have helped ease fears of a rapid slowdown in growth.
General Motors, Snap and Capri Holdings , the parent company of Michael Kors and Versace, were among the companies rallying after their latest results.
Only three of the eleven S&P 500 Sectors led by Healthcare were in positive territory.
Regards,
Ted
WSJ:
https://www.wsj.com/articles/global-stocks-hold-gains-on-strong-earnings-11549442367Bloomberg:
https://www.bloomberg.com/news/articles/2019-02-05/asia-gains-seen-after-u-s-stocks-rise-oil-drops-markets-wrap?srnd=premiumMarketWatch:
IBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-break-alphabet-drags-nasdaq/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-dips-as-gloomy-forecasts-weigh-on-sentiment-idUSKCN1PV1EBCNBC:
https://www.cnbc.com/2019/02/06/stock-market-investors-focus-on-earnings-trump-speech.htmlU.K.:
https://www.marketwatch.com/story/house-builders-a-bright-spot-in-otherwise-weak-london-markets-2019-02-06/printEurope:
https://www.marketwatch.com/story/european-markets-pause-after-latest-signs-of-economic-distress-in-the-eurozone-2019-02-06/printAsia:
https://www.marketwatch.com/story/stocks-rise-in-japan-australia-as-most-asian-markets-remain-closed-for-holiday-2019-02-05/printBonds:
https://www.cnbc.com/2019/02/06/us-bonds-market-participants-monitor-fed-speeches-treasury-auctions.htmlCurrencies:
https://www.cnbc.com/2019/02/06/forex-market-dollar-moves-trump-state-of-the-union-address-in-focus.htmlOil:
https://www.cnbc.com/2019/02/06/oil-markets-state-of-the-union-address-us-crude-inventory-in-focus.htmlGold
https://www.cnbc.com/2019/02/06/gold-markets-trumps-state-of-the-union-speech-in-focus.htmlWSJ: Markets At A Glance:
https://markets.wsj.com/usMajor ETFs % Change:
https://www.barchart.com/etfs-funds/etf-monitorSPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-trackerSPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectorsCurrent Futures:
https://finviz.com/futures.ashx
