FYI: The broad index added 0.3%, building on gains after closing out its best week since November. The Nasdaq Composite advanced 0.2% and the Dow Jones Industrial Average rose 30 points, or 0.1%, to 25878.
Industrial shares lagged behind the S&P 500. Boeing slid 2.1%, keeping the Dow in check, following a Wall Street Journal report that federal prosecutors and Transportation Department officials were scrutinizing the development of the company’s 737 MAX jetliners.
Elsewhere, the Stoxx Europe 600 edged up 0.3%, buoyed by gains in shares of banks and basic resources companies.
Meanwhile, the British pound fell 0.5% against the U.S. dollar as analysts weighed uncertainty over the U.K.’s departure from the European Union.
British lawmakers last week rejected for the second time an exit deal struck by U.K. Prime Minister Theresa May and Brussels and voted to delay the final Brexit deadline, currently set for March 29.
Mrs. May could seek to put the withdrawal agreement to the vote a third time this week if she is able to secure support from her ranks, although analysts say that scenario looks unlikely for now.
Earlier, stocks across Asia closed higher.
The Shanghai Composite soared 2.5% for its biggest one-day gain since February, while Japan’s Nikkei Stock Average finished up 0.6%.
Seven of the S&P 500 Sectors finished in positive territory led by Energy. Communication Services led the other four in negative territory
Regards
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2019-03-18/your-evening-briefingMarketWatch:
https://www.marketwatch.com/story/stock-futures-point-to-mixed-start-ahead-of-fed-meeting-boeing-drags-on-dow-2019-03-18/printWSJ:
https://www.wsj.com/articles/global-stocks-inch-higher-ahead-of-the-fed-11552899187Bloomberg:
https://www.bloomberg.com/news/articles/2019-03-17/asia-stocks-set-for-gains-as-focus-turns-to-fed-markets-wrap?srnd=premiumIBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-reverses-higher-apple-7-dow-stocks/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-treads-water-as-boeing-facebook-weigh-fed-meeting-on-tap-idUSKCN1QZ19KCNBC:
https://www.cnbc.com/2019/03/18/stocks-market-investors-await-federal-reserve-meeting.htmlU.K.:
https://uk.reuters.com/article/uk-britain-stocks/miners-banks-lift-ftse-100-but-weaker-pound-takes-down-midcaps-idUKKCN1QZ0S4Europe:
https://www.marketwatch.com/story/commerzbank-deutsche-bank-lead-european-markets-higher-on-merger-talk-2019-03-18/printAsia:
https://www.marketwatch.com/story/asian-markets-rise-despite-uncertainty-over-us-china-trade-talks-2019-03-17/printBonds:
https://www.cnbc.com/2019/03/18/us-bonds-treasury-yields-move-higher-ahead-of-a-fed-meeting.htmlCurrencies:
https://www.cnbc.com/2019/03/18/forex-market-dollar-brexit-vote-the-fed-in-focus.htmlOil:
https://www.cnbc.com/2019/03/18/oil-market-opec-supply-cuts-us-sanctions-in-focus.htmlGold
https://www.cnbc.com/2019/03/18/gold-market-federal-reserve-brexit-vote-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.ashxQuote
Comments
⇒ This post had only 11 views and no comments. It has been artificially "bumped" into the COMMENTS + CATEGORY by the poster himself, without legitimate qualifying comments.
Rather than include the "edited at 4:26" within his original post, he has deliberately added an additional comment so as to force it to your attention. He is well aware that this is a violation of MFO standard practice, but he believes himself to be exempt from such things, because, after all, he is the almighty TED... a legend in his own mind.