Reply To: Cautious Investor — Market Weekly

#98409
Truman
Participant

Morning Market
Dow 51965.80 -781.52 (-1.48%)
Nasdaq 24667.48 -230.44 (-0.93%)
SP 500 7376.50 -52.28 (-0.70%)
10-yr Note
NYSE Adv 932 Dec 1571 Vol 164.65 mln
Nasdaq Adv 1233 Dec 2490 Vol 1.92 bln

Industry Watch
Strong: Energy, Consumer Staples, Health Care, Utilities
Weak: Industrials, Information Technology, Financials, Materials

Moving the Market
–Market anxiously awaits this afternoon’s FOMC decision as probability of a rate hike has increased in recent weeks
–Crude oil surging higher amid renewed hostilities in the Middle East
–Continued weakness across semiconductor stocks