Earnings Plus Economy Provide Market Catalyst

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map after earnings plus economy provide market catalyst. 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:

US stocks fall as traders pause after best start to a year for the Dow since 2006

Stocks fell on Monday as investors took a break from a rip-roaring rally that kicked off 2018. The Dow Jones industrial average declined 54 points. The S&P 500 pulled back 0.2 percent, with health care falling 0.7 percent. The Nasdaq composite dropped 0.1 percent.

The S&P 500 (SPY) added 0.17% today as earnings plus economy provide market catalyst. Sector advancers led decliners by 8 to 2. Consumer discretionary (XLY), consumer staples (XLP), energy (XLE), industrials (XLI), materials (XLB), real estate (XLRE), technology (XLK) and utilities (XLU) all posted small gains of less than 1%. Financials (XLF) and healthcare (XLV) were in the red by less than 1%.

The Dow Jones index slipped 12 points finishing at 25,283. The Nasdaq advanced 20 points finishing at 7,157.

Optimism about the economy remains constant on the Street, was one of the main focal points today. The rally in the Dow took pause today with the index in the red today. Earnings season starts this week. JP Morgan Chase, BlackRock and Wells Fargo are scheduled to report.

Amazon added another 1% today. Consumer staples giant Walmart found a strong bid of 1%. Oil services company Schlumberger rode the momentum of crude oil, advancing 1%. Industrials had a big day today with CAT, UNP, UPS and FDX all popping more than 1%.

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.

1/8/18

S&P 500 Sector Graph

Earnings Plus Economy Provide Market Catalyst

S&P 500 (SPY)

Earnings Plus Economy Provide Market Catalyst

Consumer Discretionary (XLY)

Earnings Plus Economy Provide Market Catalyst

Consumer Staples (XLP)

Earnings Plus Economy Provide Market Catalyst

Energy (XLE)

Earnings Plus Economy Provide Market Catalyst

Financials (XLF)

Earnings Plus Economy Provide Market Catalyst

Real Estate (XLRE)

Earnings Plus Economy Provide Market Catalyst

Healthcare (XLV)

Earnings Plus Economy Provide Market Catalyst

Industrials (XLI)

Earnings Plus Economy Provide Market Catalyst

Materials (XLB)

Earnings Plus Economy Provide Market Catalyst

Technology (XLK)

Earnings Plus Economy Provide Market Catalyst

Utilities (XLU)

Earnings Plus Economy Provide Market Catalyst

S&P 500 Sector Heat Map

Earnings Plus Economy Provide Market Catalyst

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