FYI:. U.S. equities rebounded on reports that the U.S.-China trade picture is brightening. The pound plunged as the Brexit process threw the U.K. government into turmoil. The dollar was little changed.
Industrials surged Thursday afternoon, sending the S&P 500 to session highs, after reports that trade negotiators were increasing efforts to reach an accord before the G20 summit later this month. Technology, materials and energy stocks also reacted positively to the news. Crude extended Wednesday’s rebound from a record losing streak. Treasuries jumped.
The broad stock-market index added 1.0%, as a 1.9% jump in tech shares helped offset losses among shares of retailers. The Dow Jones Industrial Average rose 210 points, or 0.84%, to 25291, while the Nasdaq Composite climbed 1.7%.
Information Technology up 2.4%, Materials up 1.4% and 1.4% gain in Energy led the S&P 500 sectors.
The session marked another volatile day on Wall Street with the Dow swinging more than 400 points from its high to its low by early afternoon, without a clear catalyst.
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-11-15/your-evening-briefingBloomberg:
https://www.bloomberg.com/news/articles/2018-11-14/asia-stocks-face-mixed-start-pound-pares-gain-markets-wrap?srnd=premiumWSJ:
https://www.wsj.com/articles/global-stocks-show-signs-of-stabilizing-1542271984MarketWatch:
https://www.marketwatch.com/story/us-stock-futures-point-to-slight-opening-gains-but-perils-lie-ahead-2018-11-15/printIBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-today-techs-lead-apple/Reuters:
https://www.reuters.com/article/us-usa-stocks/retail-gloom-brexit-worries-keep-wall-street-in-check-idUSKCN1NK1T5CNBC:
https://www.cnbc.com/2018/11/15/stock-market-us-futures-point-to-a-mixed-open-after-brexit-resignation.htmlU.K.:
https://www.marketwatch.com/story/shares-of-banks-small-cap-companies-fall-in-london-stock-market-amid-brexit-turmoil-2018-11-15/printEurope:
https://www.marketwatch.com/story/european-stocks-routed-as-financials-weighed-by-brexit-uncertainty-2018-11-15/printAsia:
https://www.marketwatch.com/story/nikkei-slides-amid-mixed-trading-by-asian-markets-2018-11-14/printBonds:
https://www.cnbc.com/2018/11/15/us-bond-yields-tick-lower-amid-sterling-plunge.htmlCurrencies:
https://www.cnbc.com/2018/11/15/forex-markets-brexit-euro-british-pound-dollar-in-focus.htmlOil:
https://www.cnbc.com/2018/11/15/oil-markets-crude-supply-global-economy-in-focus.htmlGold
https://www.cnbc.com/2018/11/15/gold-markets-dollar-european-politics-federal-reserve-in-focus.htmlWSJ: Markets At A Glance:
https://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
