Reply To: Traders Market Weekly: Fear, Greed, War and Volatility


Dow 37766.81 +31.70 (0.08%)
Nasdaq 15843.65 -41.37 (-0.26%)
SP 500 5046.10 -15.72 (-0.31%)

10-yr Note -26/32 4.661
NYSE Adv 684 Dec 2036 Vol 181 mln
Nasdaq Adv 1248 Dec 2763 Vol 1.9 bln

Industry Watch
Strong: Information Technology, Consumer Staples, Health Care
Weak: Real Estate, Utilities, Energy, Consumer Discretionary, Materials

Moving the Market
— DJIA outperforming thanks to earnings-related gain in UnitedHealth (UNH)
— Jump in market rates in response to this morning’s data
— Gains in some mega cap names limiting downside moves for major indices

The Russell 2000 is underperforming, trading down 1.0%. This price action is related to weakness in regional bank and energy-related shares.

Losses in regional bank stocks also has the SPDR S&P Regional Banking ETF (KRE) trading down 1.4% and weakness in energy shares has the S&P 500 energy sector trading 1.5% lower.