The Closing Bell will be updated sometime after 4:00 PM CDST to include the latest updates from IBD and Bloomberg Evening Briefing.)
FYI: U.S. stocks fell Monday as a fresh batch of earnings reports sent bank shares sliding.
The Dow Jones Industrial Average lost 28 points, or 0.11%, to 26384, erasing small gains from earlier in the session. The S&P 500 fell 0.06% and the Nasdaq Composite declined 0.10%.
Stock trading has been muted the past few weeks as investors have waited to get a sense of how U.S. corporations fared in the first quarter. Shares of lenders and brokerages began the week lower following a series of earnings reports released before the opening bell.
Goldman shares slipped 3.2% after the bank reported first-quarter profit tumbled, hit by quiet trading and underwriting. Citigroup shares bounced higher premarket, then fell 0.1% after the opening bell, weighed down by a worse-than-expected slide in revenue.
Stocks began the day higher and then lost ground heading into the afternoon, with most of the S&P 500’s sectors trading lower for the day.
Energy shares in the S&P 500 fell 0.3% as U.S. crude oil retreated, pressured by indications that Russia could boost output in an attempt to regain some share of the global oil market.
Only four sectors of the S&P 500 led by Consumer Staples and Healthcare were in positive territory, Real Estate and Financials led the other seven sectors down.
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2019-04-15/your-evening-briefingMarketWatch:
https://www.marketwatch.com/story/stock-futures-steady-as-investors-await-goldman-citi-results-2019-04-15/printWSJ:
https://www.wsj.com/articles/global-stocks-pause-to-start-the-week-11555315308Bloomberg:
https://www.bloomberg.com/news/articles/2019-04-14/asian-stocks-to-advance-after-earnings-lift-u-s-markets-wrap?srnd=premiumIBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-struggles-weak-bank-results-earnings-season-netflix/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-drops-after-tepid-big-bank-results-idUSKCN1RR13MCNBC:
https://www.cnbc.com/2019/04/15/stock-market-earnings-in-focus-with-citigroup-and-goldman-reporting.htmlU.K.:
https://uk.reuters.com/article/uk-britain-stocks/londons-ftse-100-subdued-iwg-lifts-midcaps-idUKKCN1RR0MBEurope:
https://www.reuters.com/article/us-europe-stocks/european-shares-edge-higher-on-trade-optimism-u-s-bank-earnings-weigh-idUSKCN1RR0UQAsia:
https://www.marketwatch.com/story/asian-markets-race-to-gains-on-renewed-trade-deal-hopes-2019-04-14/printBonds:
https://www.cnbc.com/2019/04/15/treasury-yields-mixed-ahead-of-auctions-data.htmlCurrencies:
https://www.cnbc.com/2019/04/12/forex-markets-us-data-commodity-currencies-in-focus.htmlOil:
https://www.cnbc.com/2019/04/15/oil-markets-supply-in-focus.htmlGold
https://www.cnbc.com/2019/04/15/gold-markets-chinese-economic-data-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
