Stocks Finish Lower Following Earnings

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map after stocks finish lower following earnings. 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 slightly lower after Trump’s State of the Union address

U.S. stock index futures traded lower on Wednesday morning after President Donald Trump delivered his second State of the Union address. At 3 a.m. ET, Dow futures were down 48 points, pointing to a negative open of more than 80 points. Futures for both the S&P 500 and the Nasdaq were also trading lower.

The S&P 500 (SPY) fell -0.22% today. Sector decliners led advancers 7 to 4 as shown below in the sector graph. Communication services (XLC) led decliners down with a -2.24% loss. Consumer discretionary (XLY), energy (XLE), financials (XLF), materials (XLB), real estate (XLRE) and utilities (XLU) each had small losses of less than 1%. Consumer staples (XLP), healthcare (XLV), industrials (XLI) and technology (XLK) each had minor gains of less than 1%.

The Dow Jones index subtracted 21 points (-0.08%) to close at 25,930. The Nasdaq gave back 26 points (-0.36%) to settle at 7,375.

Stocks Finish Lower Following Earnings

Stocks fell amid mixed earnings results as investors also went through President Trump’s State of the Union address. General Motors and Disney posted better than expected results however Eli Lilly and Cummins missed expectations on earnings. President Trump addressed several issues such as infrastructure, drug pricing and trade during his State of the Union address.

Key Takeaway…

CNBC interviews veteran NYSE trader Art Cashin regarding key technical levels for the S&P 500:

Cashin: Want to push through 2,741 on S&P

Art Cashin of UBS and CNBC’s Bob Pisani discuss the morning’s market action.

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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2/6/18

S&P 500 Sector Graph

Stocks Finish Lower Following Earnings

S&P 500 (SPY)

Stocks Finish Lower Following Earnings

Communication Services (XLC)

Stocks Finish Lower Following Earnings

Consumer Discretionary (XLY)

Stocks Finish Lower Following Earnings

Consumer Staples (XLP)

Stocks Finish Lower Following Earnings

Energy (XLE)

Stocks Finish Lower Following Earnings

Financials (XLF)

Stocks Finish Lower Following Earnings

Real Estate (XLRE)

Stocks Finish Lower Following Earnings

Healthcare (XLV)

Stocks Finish Lower Following Earnings

Industrials (XLI)

Stocks Finish Lower Following Earnings

Materials (XLB)

Stocks Finish Lower Following Earnings

Technology (XLK)

Stocks Finish Lower Following Earnings

Utilities (XLU)

Stocks Finish Lower Following Earnings

S&P 500 Sector Heat Map

Stocks Finish Lower Following Earnings

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