Reply To: Traders Market Weekly: Jobs, Inflation and PMI Pressures

#42367
Truman
Participant

The consumer discretionary sector (-2.5%) is buried in last place with every component trading down. Ford (F 14.98, -0.90, -5.7%) is the worst performing constituent following a jury ruling assessing a $1.7 billion verdict against the carmaker, according the CNBC.

Homebuilder components are notably weak today ahead of tomorrow’s July New Home Sales release (Briefing.com consensus 580,000; prior 590,000) at 10:00 a.m. ET.