FYI: The Dow Jones Industrial Average rose to a new intraday record Tuesday, while major indexes in other regions of the world struggled, a sign of investors’ growing divergence in expectations between growth in the U.S. and elsewhere.
Shares of Boeing and Caterpillar, industrial manufacturers that have been sensitive to trade, led the Dow industrials higher, contributing to more than a quarter of the index’s gain on Tuesday. Monday’s revamped North American trade pact between the U.S., Canada and Mexico has spurred the latest leg of the Dow’s climb, which is on track to rise a fourth consecutive session.
Dividend-paying sectors such as utilities .SPLRCU, up 1.4 percent and consumer staples .SPLRCS, up 0.6 percent were the best performing of the major S&P sectors. Facebook (FB.O), Netflix (NFLX.O) and Amazon (AMZN.O), part of the so-called FANG group of stocks, kept the Nasdaq in check.
S&P 500 Sectors: Up/Down: Consumer Discretionary (D) Consumer Staples (U) Communication Services (U) Energy (U) Financials (U) Healthcare (D) Industrials (U) Materials (U) Real Estate (D) Technology (D) Utilities (U)
Regards,
Ted
Bloomberg Evening Breifing:
https://www.bloomberg.com/news/articles/2018-10-02/your-evening-briefingBloomberg:
https://www.bloomberg.com/news/articles/2018-10-01/asia-futures-mixed-after-nafta-deal-oil-gains-markets-wrap?srnd=premiumWSJ:
https://www.wsj.com/articles/italian-budget-concerns-weigh-on-european-markets-1538467325Reuters:
https://www.reuters.com/article/us-usa-stocks/intel-helps-wall-street-shrug-off-italy-woes-sends-dow-to-record-idUSKCN1MC1FGIBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-today-apple-intel-dow/MarketWatch:
https://www.marketwatch.com/story/stock-futures-fall-trade-and-italy-remain-in-focus-2018-10-02/printCNBC:
https://www.cnbc.com/2018/10/02/us-markets-fed-remarks-and-trade-deal-in-focus.htmlEurope:
https://www.reuters.com/article/us-usa-fed-powell/powell-u-s-outlook-remarkably-positive-with-low-unemployment-tame-inflation-idUSKCN1MC2A7Asia:
https://www.reuters.com/article/japan-stocks-close/nikkei-edges-up-to-new-27-year-high-as-weaker-yen-fans-earnings-hopes-idUSL4N1WI1HQBonds:
https://www.cnbc.com/2018/10/02/us-bonds-and-fixed-income-major-fed-remarks-in-focus.htmlCurrencies:
https://www.cnbc.com/2018/10/02/forex-markets-dollar-yen-and-nafta-deal-in-focus.htmlOil:
https://www.cnbc.com/2018/10/02/oil-markets-us-sanctions-on-iran-in-focus.htmlGold
https://www.cnbc.com/2018/10/02/gold-markets-nafta-deal-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:
https://finviz.com/futures.ashx
