FYI: U.S. stocks mostly rose Monday, with the S&P 500 and the Nasdaq snapped their four-day losing streak on the back of a recovery in technology shares.
The Dow Jones Industrial Average slipped 57 points, however, as Apple lost more than 1 percent. Transports, meanwhile, rallied 1.9 percent to an all-time high.
The benchmark S&P 500 and the Nasdaq edged higher lead by industrial stocks, on optimism for further tax relief, although a drop in Apple kept gains in check
Republicans in the U.S. House of Representatives plan to unveil tax cuts this week, intended to augment President Donald Trump’s 2017 tax overhaul that added $1.5 trillion to the federal deficit through permanent tax cuts for U.S. companies.
The day’s gains were fairly broad-based, with nine of the 11 primary S&P 500 industry groups in positive territory led by utilities and real estate. Financials and healthcare had a down day.
Regards,
Ted
Bloomberg:
https://www.bloomberg.com/news/articles/2018-09-09/asia-stocks-point-to-drop-dollar-holds-advance-markets-wrapBloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-09-10/your-evening-briefingBarron's After The Bell:
https://www.barrons.com/articles/dow-loses-59-points-as-trade-talk-takes-a-toll-1536614237WSJ:
https://www.wsj.com/articles/trade-barbs-pressure-global-stocks-1536566752Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-rises-on-tax-optimism-despite-apple-drag-idUSKCN1LQ1I8IBD:
https://www.investors.com/market-trend/stock-market-today/apple-sinks-on-trade-war-fear-will-this-sector-help-dow-beat-the-nasdaq-in-q3/MarketWatch:
https://www.marketwatch.com/story/us-stocks-set-to-bounce-higher-after-last-weeks-drop-2018-09-10/printCNBC:
https://www.cnbc.com/2018/09/10/us-markets-us-china-trade-frictions-in-focus.htmlEurope:
https://www.cnbc.com/2018/09/10/european-markets-trade-concerns-take-center-stage.htmlAsia:
https://www.reuters.com/article/japan-stocks-close/nikkei-snaps-6-day-losing-streak-on-upbeat-japan-gdp-trade-worries-remain-idUSL3N1VW33RBonds:
https://www.cnbc.com/2018/09/10/us-bonds-and-fixed-income-us-china-trade-dispute-in-focus.htmlCurrencies:
https://www.cnbc.com/2018/09/10/forex-markets-us-dollar-china-us-trade-in-focus.htmlOil:
https://www.cnbc.com/2018/09/10/oil-markets-us-energy-us-sanctions-on-iran-china-us-trade-in-focus.htmlGold
https://www.cnbc.com/2018/09/10/gold-fed-interest-rate-policy-us-china-trade-tensions-in-focus.htmlWSJ: Markets At A Glance:
http://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: Positive
https://finviz.com/futures.ashx
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