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 eased from session highs Tuesday, as health-care shares erased early gains on renewed concerns about tighter health-care regulation.
The Dow Jones Industrial Average rose 67 points, or 0.2%, to 26452, after climbing more than 140 points in early trading. The S&P 500 rose less than 0.05%, and the tech-heavy Nasdaq Composite added 0.30%.
Trading has been thin this week as U.S. major indexes near records, with the Nasdaq Composite clocking the lowest volumes since Christmas on Monday. The S&P 500 is within 0.8% of its September high, while the Dow industrials are off 1.5% of their October record.
Health-care stocks in the S&P 500 fell 1.6% after shares of UnitedHealth Group dropped 5.4%, heading toward its biggest percentage loss since November 2015. The parent of the nation’s biggest health insurer raised its profit guidance for the year on revenue growth across all its businesses, but shares fell after Chief Executive David Wichmannwarned investors that the so-called Medicare for All bill proposed by House Democrats threatens to “destabilize the nation’s health system.”
Shares of other health insurers also slid, with Cigna slumping 7.7%. Humana’s stock shed 8.2%, on pace for its largest percentage loss since July 2016.
The WSJ Dollar Index, which tracks the dollar against a basket of 16 currencies, rose 0.1%.
The 10-year U.S. Treasury yield ticked up to 2.589% from 2.553% Monday, according to Tradeweb. Yields move inversely to prices.
Investors are looking ahead to China’s latest growth estimates, which will be published Wednesday. Some analysts said the recent buoyancy in Asian markets was a reaction to expectations for a pickup in the Chinese economy on the back of fiscal stimulus and the easing of monetary policy, which has boosted credit in the first quarter of 2019.
ING analysts forecast growth in China at 6.2% year-over-year for the first quarter of 2019, above the 6% rate that marks the lower bound of Beijing’s target.
Elsewhere, the Stoxx Europe 600 rose 0.3%. In Asia, the Shanghai Stock Exchange was up 2.4%, Hong Kong’s Hang Seng Index rallied 1.1% and Japan’s Nikkei gained 0.2% on hopes for a resurgence in Chinese growth.
Of the eleven S&P 500 Sectors, Financials and Energy led seven of the sectors to positive gains. Real Estate and Healthcare led the other four down.
FYI:
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2019-04-16/your-evening-briefingMarketWatch:
https://www.marketwatch.com/story/stock-futures-move-higher-as-investors-await-fresh-round-of-earnings-2019-04-16/printWSJ:
https://www.wsj.com/articles/global-stocks-gain-as-fed-officials-signal-confidence-11555401603Bloomberg:
https://www.bloomberg.com/news/articles/2019-04-15/asia-stocks-to-track-u-s-lower-crude-declines-markets-wrap?srnd=premiumIBD:
https://www.investors.com/market-trend/stock-market-today/stock-indexes-rally-early-fall-back-late-earnings/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-inches-higher-on-tech-boost-johnson-johnson-earnings-idUSKCN1RS13RCNBC:
https://www.cnbc.com/2019/04/16/stock-market-earnings-in-focus---bank-of-america-blackrock-to-report.htmlU.K.:
https://uk.reuters.com/article/uk-britain-stocks/uk-shares-at-six-month-highs-jd-sports-leaps-on-profit-beat-idUKKCN1RS0JXEurope:
https://www.reuters.com/article/us-europe-stocks/european-shares-at-eight-month-high-boosted-by-financials-volatility-fades-idUSKCN1RS0SXAsia:
https://www.marketwatch.com/story/asian-markets-mixed-in-lackluster-trading-2019-04-15/printBonds:
https://www.cnbc.com/2019/04/16/us-bonds-investors-follow-us-china-trade-talks.htmlCurrencies:
https://www.cnbc.com/2019/04/16/forex-markets-greenback-australian-dollar-in-focus.htmlOil:
https://www.cnbc.com/2019/04/16/oil-markets-russia-opec-output-in-focus.htmlGold
https://www.cnbc.com/2019/04/16/gold-markets-us-china-trade-wall-street-earnings-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 
