Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as Apple leads tech thrashing. 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 oil prices surge

U.S. stock index futures pointed to a mixed open Monday morning amid a surge in benchmark crude prices. At around 4:50 a.m. ET, Dow futures were seen lower by 10 points, implying a negative open of 17.30 points. S&P 500 and Nasdaq futures pointed to a slightly higher open on Monday.

The S&P 500 (SPY) lost -1.97% today. Sector decliners led advancers 10 to 1 as shown in the sector graph below. Technology (XLK) led decliners down with a -3.52% drop. Consumer discretionary (XLY) and energy (XLE) had a -2% decline. Communication services (XLC), financials (XLF), healthcare (XLV), industrials (XLI) and materials (XLB) each had a -1% or more decline. Consumer staples (XLP) and utilities (XLU) each subtracted less than 1%. Real estate (XLRE) beat the trend adding less than 1%.

The Dow Jones index plummeted -602 points (-2.32%) to close at 25,387. The tech heavy Nasdaq dropped with the XLK, losing -206 points (-2.78%) to settle at 7,200.

Apple Leads Tech Thrashing

Apple (AAPL)  led technology to be a downslide, with overall stocks following the decline. Apple supplier Lumentum Holdings said one of its biggest customers “materially reduced shipments” for its products. 

Key Takeaways…

I took the following CNBC screenshots this morning regarding rally in energy, reasonable valuations and quality stocks shine:

Notable S&P Movers…

I’ve highlighted some notable S&P movers below (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.

11/12/18

S&P 500 Sector Graph

S&P 500 (SPY)

Communication Services (XLC)

Consumer Discretionary (XLY)

Consumer Staples (XLP)

Energy (XLE)

Financials (XLF)

Real Estate (XLRE)

Healthcare (XLV)

Industrials (XLI)

Materials (XLB)

Technology (XLK)

Utilities (XLU)

S&P 500 Sector Heat Map