Home Depot Disappointing Leaves Stocks Lower

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map after Home Depot disappointing leaves 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:

Dow futures point to lower open amid caution over US-China trade

U.S. stock index futures were lower Tuesday morning, as market participants wait to see if the world’s two largest economies can secure a comprehensive trade agreement. At around 02:30 a.m. ET, Dow Jones Industrial Average futures were 71 points lower, indicating a negative open of more than 55 points.

The S&P 500 (SPY) slipped -0.08% today. Sector decliners led advancers 7 to 4 as shown below in the sector graph. Energy (XLE), financials (XLF), healthcare (XLV), industrials (XLI), materials (XLB), real estate (XLRE) and utilities (XLU) each had small losses of less than 1%. Communication services (XLC), consumer discretionary (XLY), consumer staples (XLP) and technology (XLK) each had minor gains of less than 1%.

The Dow Jones index subtracted -33 points (-0.13%) to close at 26,057. The Nasdaq lost -5 points (-0.07%) to settle at 7,549.

Home Depot Disappointing Leaves Stocks Lower

Home Depot earnings along with weaker housing data lead stocks lower on Tuesday. Federal Reserve Chair Jerome Powell also testified in front of the US Senate saying the US economy is “healthy” but “sees crosscurrents & conflicting signals.”

Key Takeaways…

I took the following CNBC screenshots this morning regarding market worries and questions for Powell:

Home Depot Disappointing Leaves Stocks Lower

Home Depot Disappointing Leaves Stocks Lower

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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2/26/19

S&P 500 Sector Graph

Home Depot Disappointing Leaves Stocks Lower

S&P 500 (SPY)

Home Depot Disappointing Leaves Stocks Lower

Communication Services (XLC)

Home Depot Disappointing Leaves Stocks Lower

Consumer Discretionary (XLY)

Home Depot Disappointing Leaves Stocks Lower

Consumer Staples (XLP)

Home Depot Disappointing Leaves Stocks Lower

Energy (XLE)

Home Depot Disappointing Leaves Stocks Lower

Financials (XLF)

Home Depot Disappointing Leaves Stocks Lower

Real Estate (XLRE)

Home Depot Disappointing Leaves Stocks Lower

Healthcare (XLV)

Home Depot Disappointing Leaves Stocks Lower

Industrials (XLI)

Home Depot Disappointing Leaves Stocks Lower

Materials (XLB)

Home Depot Disappointing Leaves Stocks Lower

Technology (XLK)

Home Depot Disappointing Leaves Stocks Lower

Utilities (XLU)

Home Depot Disappointing Leaves Stocks Lower

S&P 500 Sector Heat Map

Home Depot Disappointing Leaves Stocks Lower

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