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The Closing Bell: Stock Market Loses Ground, With Tech And Consumer Staples Leading The Skid

TedTed
edited April 2018 in The Bullpen
FYI: U.S. stocks fell on Thursday, with major indexes dropping in a broad decline as investors digested a fresh round of corporate earnings.

While results have largely come in ahead of expectations thus far this reporting season, there have been some disappointments, and others haven’t produced the kind of blowout results seen necessary to continue pushing shares higher from elevated levels.

Stocks extended their decline as Treasurys sold off, pushing the yield on the 10-year note TMUBMUSD10Y, +1.55% to a 2018 high. Rising yields, however, were seen providing a lift for bank stocks.
Regards,
Ted
Bloomberg:
https://www.bloomberg.com/news/articles/2018-04-18/asia-stocks-face-mixed-start-treasuries-retreat-markets-wrap

Reuters:
https://www.reuters.com/article/us-usa-stocks/apple-philip-morris-chips-lead-slide-on-wall-street-idUSKBN1HQ1LK

MarketWatch:
https://www.marketwatch.com/story/us-stock-futures-search-for-a-catalyst-as-earnings-stay-in-focus-2018-04-19/print

IBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-today-april-19-2018-amazon-fang/

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

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

Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-04-19/your-evening-briefing

Bonds:
https://www.cnbc.com/2018/04/19/bonds-and-fixed-income-data-fed-speeches-on-the-agenda-for-investors.html

Currencies:
https://www.cnbc.com/2018/04/18/forex-markets-dollar-in-focus-as-us-yields-rise-to-1-month-highs.html

Oil:
https://www.cnbc.com/2018/04/19/us-crude-rises-as-oil-stockpiles-fall-gasoline-demand-hits-record.html

Gold:
https://www.cnbc.com/2018/04/18/gold-flat-dollar-up-on-higher-us-yields.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: Negative
https://finviz.com/futures.ashx
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