Stock Market Update
Market Snapshot
| Dow | 24853.62 | -463.79 | (-1.83%) |
| Nasdaq | 7321.65 | -147.17 | (-1.97%) |
| SP 500 | 2705.60 | -50.42 | (-1.83%) |
| 10-yr Note | +19/32 | 3.125 | |
| NYSE | Adv 454 | Dec 2448 | Vol 326.1 mln |
| Nasdaq | Adv 527 | Dec 2418 | Vol 1.3 bln |
Industry Watch
| Strong: Utilities, Real Estate, Consumer Staples |
| Weak: Energy, Information Technology, Materials, Industrials |
Moving the Market
 |
Disappointing price action in foreign markets and disappointing earnings cause early pressure on stocks EU rejects Italy's budget plan for 2019, Turkish president calls out Saudi Arabia for the killing of Jamal Khashoggi Caterpillar (CAT) called attention to higher material and freight costs, including tariffs in its earnings report; 3M (MMM) reported below-consensus earnings |
Geopolitical Tensions Contribute to Downbeat Sentiment
23-Oct-18 11:55 ET
Dow -463.79
at 24853.62,
Nasdaq -147.17
at 7321.65,
S&P -50.42
at 2705.60
[BRIEFING.COM] The major averages have reapproached session lows in recent action. The S&P 500 is down 1.9%, the Dow is down 1.9%, and the Nasdaq is down 2.0%. Meanwhile, the ...
Tech's Underperformance Drags Market
23-Oct-18 11:30 ET
Dow -372.78
at 24944.63,
Nasdaq -129.59
at 7339.23,
S&P -42.84
at 2713.18
[BRIEFING.COM] The S&P 500 slowly climbs from its session lows, now down 1.5%, but the information technology sector's (-2.1%) poor performance continues to halt any serious comeback. Also, the tech-heavy ...
3M, Caterpillar Lead Industrials Sector Lower
23-Oct-18 11:00 ET
Dow -412.38
at 24905.03,
Nasdaq -169.06
at 7299.76,
S&P -51.02
at 2705.00
[BRIEFING.COM] The S&P 500 has come off session lows, now trading lower by 1.8%, as negative sentiment grips economically-sensitive sectors.The industrials sector, which houses both 3M (MMM 187.39, -14.27, -7.1%) ...
Commodities in the red, WTI oil down 2.5%
23-Oct-18 10:35 ET
Dow -516.25
at 24801.16,
Nasdaq -188.56
at 7280.26,
S&P -61.01
at 2695.01
[BRIEFING.COM] Commodities lower (-0.5% at 85.40 as measured by the Bloomberg Commodity Index)Dollar index lower (-0.03% at 95.9840) Looking at energy:Dec. WTI crude oil futures are now -$1.72 at $67.45/barrelIn ...
Amazon Leads FANG Group Lower
23-Oct-18 10:00 ET
Dow -339.75
at 24977.66,
Nasdaq -130.90
at 7337.92,
S&P -43.15
at 2712.87
[BRIEFING.COM] The S&P 500 remains trading lower by 1.6%, and the tech-heavy Nasdaq underperforms, trading 1.8% lower.A look inside the FANG group shows a similar tale. Amazon (AMZN 1739.62, -50.12) ...
