Boeing Plus Fed Leave Stocks Positive
Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map after Boeing Plus Fed Leave Stocks Positive. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a summary of today’s action on Wall Street provided by CNBC:
The S&P 500 (SPY) rose by 0.03% (flat) as Boeing Plus Fed Leave Stocks Positive. S&P sector advancers tied decliners by 5 to 5. Energy (XLE), industrials (XLI), real estate (XLRE), technology (XLK) and utilities (XLU) all closed positive less than 1%. Consumer discretionary (XLY), consumer staples (XLP), financials (XLF), healthcare (XLV) and materials (XLB) all finished negative less than 1%.
The Dow Jones industrial average rose 97.58 points to close at 21,711.01 and hit intraday and closing records. Boeing rose 9.88 percent and contributed the most gains on the 30-stock index. (CNBC) The Nasdaq composite climbed 0.16 percent to 6,422.75 and also notched all-time highs. (CNBC) The Fed was widely expected to keep monetary policy steady. The central bank, however, laid the groundwork for winding down its massive stimulus program in September. (CNBC)
Investors also focused on corporate quarterly results. Dow-component Boeing posted earnings per share of $2.55, topping Wall Street estimates. The company’s sales came in below expectations but the firm raised its full-year earnings guidance to a range of $9.80 to $10 per share. (CNBC)
Credit: Sector Graph provided by Sector SPDR app. Sector breakdown provided by Charles Schwab. Sector heat map provided by finviz. Information Credit: News Headlines and quotes were taken from CNBC in the writing of this post.
S&P 500 Sector Graph
S&P 500 (SPY)
Consumer Discretionary (XLY)
Consumer Staples (XLP)
Real Estate (XLRE)
S&P 500 Sector Heat Map