Market still hesitant, new Dow components slide
- Stocks remain penned in with sectors about evenly split between
winners and losers.
- The S&P is flat, the Dow is down 0.8% and the Nasdaq is up 0.6%.
- The Dow is getting hit by new entrants Salesforce and Honeywell.
Disney is also slumping, as is Walmart on a downgrade.
- Following their stocks splits, Tesla +9% and Apple +3.5% are posting
healthy gains, even with tech problems plaguing the Robinhood platform.
- Health Care (NYSEARCA:XLV) is the leading sector, with Alexion getting
a bump from Novartis' LNP023.
- Energy (NYSEARCA:XLE) is the weakest, despite crude prices edging up
0.3%. Refinery stocks HollyFrontier and Phillips 66 are the big losers.
- The 10-year breakeven inflation spread hit a 52-week high of 1.80 as
real rates fell to -1.07%.
|Today, 12:32 PM|1 Comment
- Stocks remain penned in with sectors about evenly split between
winners and losers.
- The S&P is flat, the Dow is down 0.8% and the Nasdaq is up 0.6%.
- The Dow is getting hit by new entrants Salesforce and Honeywell.
Disney is also slumping, as is Walmart on a downgrade.
- Following their stocks splits, Tesla +9% and Apple +3.5% are posting
healthy gains, even with tech problems plaguing the Robinhood platform.
- Health Care (NYSEARCA:XLV) is the leading sector, with Alexion getting
a bump from Novartis' LNP023.
- Energy (NYSEARCA:XLE) is the weakest, despite crude prices edging up
0.3%. Refinery stocks HollyFrontier and Phillips 66 are the big losers.
- The 10-year breakeven inflation spread hit a 52-week high of 1.80 as
real rates fell to -1.07%.
|Today, 12:32 PM|1 Comment
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