Sponsored By: Today’s Summary Tuesday, March 26th, 2019 Indices: US stocks were higher across the board, with the Dow Jones Industrial Average gaining 141 points or 0.55%. The small-cap Russell 2000 outperformed the rest of the indices closing up 1.01%. Sectors: All 11 sectors of the S&P 500 finished positive. The Energy sector led, closing up 1.44%, while the Consumer Discretionary sector lagged closing […]
Daily Chart Report ? Monday, March 25th, 2019
Sponsored By: Today’s Summary Monday, March 25th, 2019 Indices: US stocks were flat today, with the Dow Jones Industrial Average eking out a small gain of 15 points or 0.06%. The S&P 500 and Nasdaq both finished down but by only 0.08% and 0.07% respectively. The Russell outperformed today, closing up 0.46%. Sectors: The Consumer Staples sector was the leader, with a gain of 0.59%, while the Technology […]
Daily Chart Report ? Friday, March 22nd, 2019
Sponsored By: Today’s Summary Friday, March 22nd, 2019 Indices: US stocks closed lower today, with the Dow Jones Industrial Average falling 460 points or 1.77%. The Russell 2000 was the weakest of the major US indices falling 3.62%. Sectors: Utilities was the only sector to close positive, with a gain of 0.72%. Materials lagged, falling 2.98%. Commodities: WTI Crude Oil futures fell 1.6% to settle at $59.04 per barrel. Gold […]
What to Make of the Yield Curve
This week, the US 10-year Treasury yield sank to new 52-week lows and sliced through some important support levels. Today, a closely watched yield spread (10-year minus 3-month) turned negative for the first time in over a decade, inverting the front-end of the curve. A yield curve inversion is a bearish signal that occurs when […]
Daily Chart Report ? Thursday, March 21st, 2019
Sponsored By: Today’s Summary Thursday, March 21st, 2019 Indices: US stocks closed higher today, with the Dow Jones Industrial Average rallying 217 points or 0.84%. The Nasdaq led the rest of the major indices for the second day in a row, finishing up 1.42%. Sectors: Technology led, with a gain of 2.42%, while Financials lagged for the second day in a row, falling 0.33%. Commodities: WTI Crude […]
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