FYI: The S&P 500 and the Dow Jones Industrials Average rose on Wednesday, helped by upbeat housing data and a gain for bank stocks driven by rising Treasury yields, while the tech-heavy Nasdaq was weighed by a drop in Microsoft.
The latest uptick in interest rates caught the attention of bond guru Jeff Gundlach. The founder of DoubleLine Capital said in a tweet Tuesday that he is paying attention to technical levels in the 10-year and the 30-year yield as a sign this move up in rates is not yet another head fake. At the close the 10- year was at 3.08%
Of the eleven S&P 500 Sectors, led by Financials, Communication Service, Energy, Consumer Discertionary, and Materials had a up session. Decliners were Utilities, Real Estate, Technology, Industrials, Healthcare, and Consumer Staples
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-09-19/your-evening-briefingBloomberg:
https://www.bloomberg.com/news/articles/2018-09-18/asia-stocks-rally-seen-extending-dollar-steady-markets-wrapWSJ:
https://www.wsj.com/articles/global-stocks-extend-rebound-as-trade-fears-ease-1537342379Reuters:
https://www.reuters.com/article/us-usa-stocks/banks-lift-sp-dow-nasdaq-weighed-by-microsoft-idUSKCN1LZ1INIBD:
https://www.investors.com/market-trend/stock-market-today/stocks-mixed-dow-leads-insane-tilray-trading/MarketWatch:
https://www.marketwatch.com/story/stock-futures-flat-but-sp-500-poised-to-trade-near-record-2018-09-19/printCNBC:
https://www.marketwatch.com/story/fourth-win-in-a-row-on-the-line-for-europe-stocks-uk-banks-in-the-lead-2018-09-19/printEurope:
https://www.marketwatch.com/story/fourth-win-in-a-row-on-the-line-for-europe-stocks-uk-banks-in-the-lead-2018-09-19/printAsia:
https://www.cnbc.com/2018/09/19/us-bonds-and-fixed-income-economic-data.htmlBonds:
https://www.cnbc.com/2018/09/19/us-bonds-and-fixed-income-economic-data.htmlCurrencies:
https://www.cnbc.com/2018/09/19/forex-us-china-trade-war-and-eu-summit-in-focus.htmlOil:
https://www.cnbc.com/2018/09/19/oil-markets-us-crude-inventory-and-trade-war-in-focus.htmlGold
https://www.cnbc.com/2018/09/19/marijuana-producer-tilray-up-another-40percent-as-cannabis-stocks-blossom.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:
https://finviz.com/futures.ashx
