Robust Jobs Report Drive 6 Week Win Streak

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as a robust jobs report drive 6 week win streak. 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 a higher open as investors wait for payrolls data

U.S. stock index futures pointed to a higher open on Friday morning with corporate release set to take center stage alongside the release of nonfarm payrolls data. As of 3:00 a.m. ET, Dow futures traded 51 points higher, indicating a positive open of 71.33 points.

The S&P 500 (SPY) inched up +0.09% today. Sector advancers led decliners 6 to 5 as shown below in the sector graph. Energy (XLE) led advancers with a +1.74% gain. Financials (XLF), healthcare (XLV), industrials (XLI), materials (XLB) and technology (XLK) each had minor gains of less than 1%. Consumer discretionary (XLY) led decliners down with a -1.46% loss. Communication services (XLC), consumer staples (XLP), real estate (XLRE) and utilities (XLU) each suffered losses of less than 1%.

The Dow Jones index added +64 points (+0.26%) to close at 25,063. The Nasdaq gave back 17 points (-0.25%) to settle at 7,263.

Robust Jobs Report Drive 6 Week Win Streak

A robust jobs report drive 6 week win streak by the Dow as the US economy added 304,000 jobs in January, easily crushing an estimate of 170,000 jobs. Investors also examined earnings from Amazon who beat on earnings and revenue, however issued weaker than expected guidance for Q1 and warned on increased investments. Amazon (AMZN) closed more than 5% lower. 45% of S&P 500 companies have reported earnings with 68.1% beating expectations.

Key Takeaways…

I took the following CNBC screenshots this morning regarding moving markets, January barometer and February trading:

Robust Jobs Report Drive 6 Week Win Streak

Robust Jobs Report Drive 6 Week Win Streak

Robust Jobs Report Drive 6 Week Win Streak

Notable S&P 500 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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2/1/18

S&P 500 Sector Graph

Robust Jobs Report Drive 6 Week Win Streak

S&P 500 (SPY)

Robust Jobs Report Drive 6 Week Win Streak

Communication Services (XLC)

Robust Jobs Report Drive 6 Week Win Streak

Consumer Discretionary (XLY)

Robust Jobs Report Drive 6 Week Win Streak

Consumer Staples (XLP)

Robust Jobs Report Drive 6 Week Win Streak

Energy (XLE)

Robust Jobs Report Drive 6 Week Win Streak

Financials (XLF)

Robust Jobs Report Drive 6 Week Win Streak

Real Estate (XLRE)

Robust Jobs Report Drive 6 Week Win Streak

Healthcare (XLV)

Robust Jobs Report Drive 6 Week Win Streak

Industrials (XLI)

Robust Jobs Report Drive 6 Week Win Streak

Materials (XLB)

Robust Jobs Report Drive 6 Week Win Streak

Technology (XLK)

Robust Jobs Report Drive 6 Week Win Streak

Utilities (XLU)

Robust Jobs Report Drive 6 Week Win Streak

S&P 500 Sector Heat Map

Robust Jobs Report Drive 6 Week Win Streak

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