Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

The Closing Bell: U.S. Stocks Slip On Mixed Earnings

TedTed
edited April 2019 in The Bullpen
The Closing Bell will be updated sometime after 4:00 PM CDST to include the latest updates from IBD and Bloomberg Evening Briefing.)

FYI: U.S. stocks fell Monday as a fresh batch of earnings reports sent bank shares sliding.

The Dow Jones Industrial Average lost 28 points, or 0.11%, to 26384, erasing small gains from earlier in the session. The S&P 500 fell 0.06% and the Nasdaq Composite declined 0.10%.

Stock trading has been muted the past few weeks as investors have waited to get a sense of how U.S. corporations fared in the first quarter. Shares of lenders and brokerages began the week lower following a series of earnings reports released before the opening bell.

Goldman shares slipped 3.2% after the bank reported first-quarter profit tumbled, hit by quiet trading and underwriting. Citigroup shares bounced higher premarket, then fell 0.1% after the opening bell, weighed down by a worse-than-expected slide in revenue.

Stocks began the day higher and then lost ground heading into the afternoon, with most of the S&P 500’s sectors trading lower for the day.

Energy shares in the S&P 500 fell 0.3% as U.S. crude oil retreated, pressured by indications that Russia could boost output in an attempt to regain some share of the global oil market.

Only four sectors of the S&P 500 led by Consumer Staples and Healthcare were in positive territory, Real Estate and Financials led the other seven sectors down.
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2019-04-15/your-evening-briefing

MarketWatch:
https://www.marketwatch.com/story/stock-futures-steady-as-investors-await-goldman-citi-results-2019-04-15/print

WSJ:
https://www.wsj.com/articles/global-stocks-pause-to-start-the-week-11555315308

Bloomberg:
https://www.bloomberg.com/news/articles/2019-04-14/asian-stocks-to-advance-after-earnings-lift-u-s-markets-wrap?srnd=premium

IBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-struggles-weak-bank-results-earnings-season-netflix/

Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-drops-after-tepid-big-bank-results-idUSKCN1RR13M

CNBC:
https://www.cnbc.com/2019/04/15/stock-market-earnings-in-focus-with-citigroup-and-goldman-reporting.html

U.K.:
https://uk.reuters.com/article/uk-britain-stocks/londons-ftse-100-subdued-iwg-lifts-midcaps-idUKKCN1RR0MB

Europe:
https://www.reuters.com/article/us-europe-stocks/european-shares-edge-higher-on-trade-optimism-u-s-bank-earnings-weigh-idUSKCN1RR0UQ

Asia:
https://www.marketwatch.com/story/asian-markets-race-to-gains-on-renewed-trade-deal-hopes-2019-04-14/print

Bonds:
https://www.cnbc.com/2019/04/15/treasury-yields-mixed-ahead-of-auctions-data.html

Currencies:
https://www.cnbc.com/2019/04/12/forex-markets-us-data-commodity-currencies-in-focus.html
Oil:
https://www.cnbc.com/2019/04/15/oil-markets-supply-in-focus.html

Gold
https://www.cnbc.com/2019/04/15/gold-markets-chinese-economic-data-in-focus.html

WSJ: Markets At A Glance:
https://markets.wsj.com/us

Major ETFs % Change:
https://www.barchart.com/etfs-funds/etf-monitor

SPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker

SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors

Current Futures:
https://finviz.com/futures.ashx

Sign In or Register to comment.