Interest Rates Ignite Fears Regarding Recession

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as interest rates ignite fears regarding recession. 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:

Wall Street expects big rally after Mueller finds Trump campaign did not conspire with Russia

Saul Loeb | AFP | Getty Images Wall Street traders and investors were preparing for a big rally after special counsel Robert Mueller’s long-awaited investigation did not find enough evidence that President Donald Trump ‘s 2016 campaign colluded with Russia, according to Attorney General William Barr.

The S&P 500 (SPY) slipped -0.08% today. Sector advancers led decliners 6 to 5 as shown below in the sector graph. Consumer discretionary (XLY), consumer staples (XLP), energy (XLE), industrials (XLI), real estate (XLRE) and utilities (XLU) each had small gains of less than 1%. Communication services (XLC), financials (XLF), healthcare (XLV), materials (XLB) and technology (XLK) each suffered minor losses of less than 1%.

The Dow Jones index added +14 points (+0.06%) to close at 25,516. The Nasdaq gave back 5 points (-0.07%) to settle at 7,637.

Interest Rates Ignite Fears Regarding Recession

Stocks finished mixed on Monday as interest rates ignite fears regarding recession. Economic outlook fears started on Friday as the interest rate yield curve inverted. An inverted yield curve is when the 3 month treasury bond yield is more than the 10 year treasury bond yield. Investors often consider this a recession signal. The Federal Reserve also lowered its economic outlook last week and forecasted 0 interest rate hikes in 2019.

Key Takeaways…

I took the following CNBC screenshots this morning regarding bull dilemma, FAANG & tech check, rate sensitive groups and regional banks battered:

Interest Rates Ignite Fears Regarding Recession

Interest Rates Ignite Fears Regarding Recession

Interest Rates Ignite Fears Regarding Recession

Interest Rates Ignite Fears Regarding Recession

Notable S&P 500 Movers…

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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3/25/19

S&P 500 Sector Graph

Interest Rates Ignite Fears Regarding Recession

S&P 500 (SPY)

Interest Rates Ignite Fears Regarding Recession

Communication Services (XLC)

Interest Rates Ignite Fears Regarding Recession

Consumer Discretionary (XLY)

Interest Rates Ignite Fears Regarding Recession

Consumer Staples (XLP)

Interest Rates Ignite Fears Regarding Recession

Energy (XLE)

Interest Rates Ignite Fears Regarding Recession

Financials (XLF)

Interest Rates Ignite Fears Regarding Recession

Real Estate (XLRE)

Interest Rates Ignite Fears Regarding Recession

Healthcare (XLV)

Interest Rates Ignite Fears Regarding Recession

Industrials (XLI)

Interest Rates Ignite Fears Regarding Recession

Materials (XLB)

Interest Rates Ignite Fears Regarding Recession

Technology (XLK)

Interest Rates Ignite Fears Regarding Recession

Utilities (XLU)

Interest Rates Ignite Fears Regarding Recession

S&P 500 Sector Heat Map

Interest Rates Ignite Fears Regarding Recession

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