FYI: U.S. stocks were trading higher in the final hour of exchange Tuesday, with all three major benchmarks turning positive late in the day after a modest rally earlier in the day, and as investors remain laser-focused on the Federal Reserve, which begins its final policy meeting of the year Tuesday, with a policy announcement set for Wednesday.
An accelerating decline in the price of oil dragged energy companies deeper into the red for the year. In late-afternoon trading sent major indexes higher. The Dow Jones Industrial Average turned positive in recent trading, after earlier rising as many as 334 points.
Besides the selloff in energy stocks and oil futures, it was a relatively subdued day in the stock market, as many traders said they were looking ahead to the Federal Reserve’s policy decision Wednesday and any announcements that come with it as the next catalyst for stock swings.
The Dow industrials gained 82 points, or 0.35% and the S&P 500 rose 0.1% while the Nasdaq was up .45%.
Six of the eleven S&P 500 Sectors were positive, led by Consumer Discretionary, Real Estate ,and Technology.
Regards,
Ted
WSJ:
https://www.wsj.com/articles/global-stocks-follow-wall-street-lower-as-economic-worries-persist-11545124162Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-12-18/your-evening-briefingBloomberg:
https://www.bloomberg.com/news/articles/2018-12-17/asia-braces-for-slide-as-s-p-500-hits-14-month-low-markets-wrap?srnd=premiumMarketWatch:
https://www.marketwatch.com/story/us-stock-market-set-to-attempt-cautious-rebound-after-two-days-of-pummeling-2018-12-18/printIBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-today-boeing-leads-dow-jones/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-st-propped-up-by-tech-stocks-financials-rise-ahead-of-fed-idUSKBN1OH193CNBC:
https://www.cnbc.com/2018/12/18/us-futures-on-tuesday-after-wall-street-rout-a-day-earlier.htmlU.K.:
https://www.marketwatch.com/story/london-markets-fall-as-crude-oil-prices-reach-fresh-lows-2018-12-18/printEurope:
https://www.marketwatch.com/story/european-markets-falter-as-oil-prices-plummet-and-us-interest-rate-hikes-loom-2018-12-18/printAsia:
https://www.marketwatch.com/story/asian-markets-fall-ahead-of-xi-speech-fed-meeting-2018-12-17/printBonds:
https://www.cnbc.com/2018/12/18/bond-market-treasury-yields-slip-amid-volatility-fed-meeting-ahead.htmlCurrencies:
https://www.cnbc.com/2018/12/18/forex-markets-dollar-the-fed-global-economy-in-focus.htmlOil:
https://www.cnbc.com/2018/12/18/oil-markets-us-crude-in-focus.htmlGold
https://www.cnbc.com/2018/12/18/gold-markets-us-federal-reserve-china-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
