Stocks Stage Comeback Following Losing Streak

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as stocks stage comeback following losing streak. 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 futures point to a mixed open as sterling tanks after Brexit resignation

U.S. stock index futures pointed to a mixed open Thursday morning as investors digested a sharp fall in sterling and new developments in the U.S.-China trade dispute. At around 4:30 a.m. ET, Dow futures were up 28 points, implying a higher open of just 2.5 points.

The S&P 500 (SPY) was lifted by +1.06% today. Sector advancers led decliners 7 to 4 as shown below in the sector graph. Technology (XLK) +2.51% led advancers higher. Energy (XLE), financials (XLF), industrials (XLI) and materials (XLB) also gained more than 1%. Communication services (XLC) and healthcare (XLV) each had minor gains of less than 1%. Consumer discretionary (XLY), consumer staples (XLP), real estate (XLRE) and utilities (XLU) each had small losses of less than 1%.

The Dow Jones index climbed +208 points (+0.83%) to close at 25,289. The Nasdaq jumped +122 (+1.72%) to settle at 7,259.

Stocks Stage Comeback Following Losing Streak

Stocks staged a comeback on Wednesday as the S&P 500 snapped a 5 day losing streak. The S&P 500 scaled higher on the back of technology (XLK), energy (XLE) and financials (XLF). Progress was made in efforts to reach a trade agreement with China. 

Key Takeaways…

I took the following CNBC screenshot this morning regarding retail detail:

Stocks Stage Comeback Following Losing Streak

Notable S&P Movers…

Below I’ve highlighted some notable S&P movers (both winners & losers).

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.

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11/15/18

S&P 500 Sector Graph

Stocks Stage Comeback Following Losing Streak

S&P 500 (SPY)

Stocks Stage Comeback Following Losing Streak

Communication Services (XLC)

Stocks Stage Comeback Following Losing Streak

Consumer Discretionary (XLY)

Stocks Stage Comeback Following Losing Streak

Consumer Staples (XLP)

Stocks Stage Comeback Following Losing Streak

Energy (XLE)

Stocks Stage Comeback Following Losing Streak

Financials (XLF)

Stocks Stage Comeback Following Losing Streak

Real Estate (XLRE)

Stocks Stage Comeback Following Losing Streak

Healthcare (XLV)

Stocks Stage Comeback Following Losing Streak

Industrials (XLI)

Stocks Stage Comeback Following Losing Streak

Materials (XLB)

Stocks Stage Comeback Following Losing Streak

Technology (XLK)

Stocks Stage Comeback Following Losing Streak

Utilities (XLU)

Stocks Stage Comeback Following Losing Streak

S&P 500 Sector Heat Map

Stocks Stage Comeback Following Losing Streak

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