Walmart Earnings Pressure Stocks Lower

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map after Walmart earnings pressure stocks lower. 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 set to drop at the open, amid fresh corporate earnings

BRYAN R. SMITH | AFP | Getty Images U.S. stock index futures fell into the red ahead of Tuesday’s open. At around 5:00 a.m. ET, Dow futures were down 200 points, indicating a fall of 170.38 points at the open. The Nasdaq and S&P 500 futures also pointed to a negative open for their respective markets.

The S&P 500 (SPY) dropped 0.58% today as Walmart earnings pressure stocks lower. S&P sector decliners led advancers 9 to 1. Consumer staples (XLP) led decliners to the downside with a 2.27% loss on the day. Healthcare (XLV), industrials (XLI), real estate (XLRE) and utilities (XLU) all had 1% or more declines. Consumer discretionary (XLY), energy (XLE), financials (XLF) and materials (XLB) all had minimal losses of less than 1%. Technology (XLK) was the only sector to finish in the green today by adding less than 1%.

The Dow Jones index lost 254 points (-1%) today finishing below 25k at 24,964. The Nasdaq fell right below the flatline giving back 5 points settling at 7,234.

Both the Dow and the S&P 500 snapped a six day win streak as Walmart dropped 10% on disappointing earnings, pressuring both indexes lower. The 10 year bond yield also contributed to stocks seeing red, rising to 2.88% after hitting a multi year high last week. Inflation remains a concern for investors as higher inflation might lead the Fed to tighten monetary policy (raise rates) faster than expected.

Some notable movers in the S&P 500…

  • AMZN +1%
  • JNJ -1%
  • XOM -1%
  • WMT -10%
  • PG -1%
  • COST -1%
  • Consumer Staples (XLP) had 9 out of its top 10 holdings lose 1% or more

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.

2/20/18

S&P 500 Sector Graph

Walmart Earnings Pressure Stocks Lower

S&P 500 (SPY)

Walmart Earnings Pressure Stocks Lower

Consumer Discretionary (XLY)

Walmart Earnings Pressure Stocks Lower

Consumer Staples (XLP)

Walmart Earnings Pressure Stocks Lower

Energy (XLE)

Walmart Earnings Pressure Stocks Lower

Financials (XLF)

Walmart Earnings Pressure Stocks Lower

Real Estate (XLRE)

Walmart Earnings Pressure Stocks Lower

Healthcare (XLV)

Walmart Earnings Pressure Stocks Lower

Industrials (XLI)

Walmart Earnings Pressure Stocks Lower

Materials (XLB)

Walmart Earnings Pressure Stocks Lower

Technology (XLK)

Walmart Earnings Pressure Stocks Lower

Utilities (XLU)

Walmart Earnings Pressure Stocks Lower

S&P 500 Sector Heat Map

Walmart Earnings Pressure Stocks Lower

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