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The Closing Bell: Wall St. Set For Weekly Loss As Bank And Chip Stocks Weigh

TedTed
edited May 2018 in The Bullpen
FYI: Bank and chipmaker stocks helped pull the S&P 500 into negative territory on Friday, capping a week of choppy trading as trade talks with China, rising U.S. government bond yields and increasing oil prices kept investors on edge. with China, rising U.S. government bond yields and increasing oil prices kept investors on edge. All three major U.S. stock indexes were on track to end the week at a loss.
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-05-17/asian-stocks-set-for-modest-gains-dollar-rises-markets-wrap

Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-edges-lower-as-bank-chip-stocks-weigh-idUSKCN1IJ1GB

MarketWatch:
https://www.marketwatch.com/story/us-stocks-set-to-end-the-week-on-a-higher-note-with-trade-talks-yields-in-the-spotlight-2018-05-18/print

IBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-closes-lower-boeing-dow-chips-lag/

CNBC:
https://www.cnbc.com/2018/05/18/futures-point-to-higher-open-amid-us-china-trade-talks.html

Bonds:
https://www.cnbc.com/2018/05/18/us-yields-fall-back-after-climbing-to-fresh-seven-year-peak.html

Currencies:
https://www.reuters.com/article/uk-global-forex/dollar-climbs-to-five-month-peak-as-euro-falls-on-italy-worries-idUSKCN1II03W

Oil:
https://www.cnbc.com/2018/05/17/oil-markets-opec-cuts-and-looming-iran-sanctions-in-focus.html

Gold:
https://www.cnbc.com/2018/05/17/gold-markets-us-dollar-treasurys-in-focus.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: Mixed
https://finviz.com/futures.ashx


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