Stronger Jobs Report Elevates Stocks

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map after a Stronger Jobs Report Elevates Stocks. 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:

https://www.cnbc.com/2017/08/04/us-stocks-jobs-report-beats-fed.html

The S&P 500 (SPY) rose by 0.19% today as a Stronger Jobs Report Elevates Stocks. S&P sector advancers led decliners by 7 to 3. Consumer discretionary (XLY), energy (XLE), financials (XLF), industrials (XLI), materials (XLB), real estate (XLRE) and technology (XLK) all closed positive less than 1%. Consumer staples (XLP), healthcare (XLV) and utilities (XLU) all finished lower less than 1%.

U.S. equities rose on Friday on better-than-expected employment data. (CNBC) The Dow Jones industrial average hit a record high and closed 66.71 points at 22,092.81. Goldman Sachs contributed the most gains. The index also posted its eighth straight record close. (CNBC) The Nasdaq composite closed 0.18 percent higher at 6,351.56. (CNBC)

The U.S. economy added 209,000 jobs last month, according to the Labor Department, well above the expected gain of 183,000. (CNBC) “If this were a company reporting earnings, this would be a beat and raise in guidance,” said Art Hogan, chief market strategist at Wunderlich Securities. “We’re also winding down on the earnings season so this came at the perfect time.” (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.

8/4/17

S&P 500 Sector Graph

Stronger Jobs Report Elevates Stocks

S&P 500 (SPY)

Stronger Jobs Report Elevates Stocks

Consumer Discretionary (XLY)

Stronger Jobs Report Elevates Stocks

Consumer Staples (XLP)

Stronger Jobs Report Elevates Stocks

Energy (XLE)

Stronger Jobs Report Elevates Stocks

Financials (XLF)

Stronger Jobs Report Elevates Stocks

Real Estate (XLRE)

Stronger Jobs Report Elevates Stocks

Healthcare (XLV)

Stronger Jobs Report Elevates Stocks

Industrials (XLI)

Stronger Jobs Report Elevates Stocks

Materials (XLB)

Stronger Jobs Report Elevates Stocks

Technology (XLK)

Stronger Jobs Report Elevates Stocks

Utilities (XLU)

Stronger Jobs Report Elevates Stocks

S&P 500 Sector Heat Map

Stronger Jobs Report Elevates Stocks

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