The Closing Bell: Dow Dragged Lower By IBM’s Stock, But Broader Market Buoyed By Energy Sector

Ted

FYI: The Dow industrials on Wednesday afternoon edged lower in afternoon trade as IBM’s shares got walloped, however, energy, industrials and materials helped the broader market trade modestly higher.

Wall Street showed a muted reaction to the release of the Beige Book report, which underscored that activity remained at “a modest to moderate pace” in March and early April.
Regards,
Ted
Bloomberg:
https://www.bloomberg.com/news/articles/2018-04-17/asian-stocks-to-follow-u-s-higher-bonds-steady-markets-wrap

Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-briefly-losses-ground-after-fed-beige-book-idUSKBN1HP1KX

MarketWatch:
https://www.marketwatch.com/story/dow-set-to-push-further-into-the-green-for-2018-as-more-earnings-arrive-2018-04-18/print

IBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-today-chip-stocks-amazon/

CNBC:
https://www.cnbc.com/2018/04/18/us-stock-futures-dow-data-earnings-tech-and-politics-on-the-agenda.html

AP:
http://hosted.ap.org/dynamic/stories/F/FINANCIAL_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

Bloomberg Evening Briefing: (4:00 PM CDST)

Bonds:
https://www.cnbc.com/2018/04/18/bonds-and-fixed-income-data-fed-speeches-on-the-agenda-for-investors.html

Currencies:
https://www.cnbc.com/2018/04/17/forex-markets-dollar-in-focus-after-us-data-trade-worries-linger.html

Oil:
https://www.cnbc.com/2018/04/18/us-crude-tops-68-for-the-first-time-in-more-than-three-years.html

Gold:
https://www.cnbc.com/2018/04/17/gold-slips-as-dollar-steadies-on-positive-us-data.html

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

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: Positive
https://finviz.com/futures.ashx