Stocks Flat While Investors Examine Recent Highs

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map after stocks flat while investors examine recent highs. 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:

Stocks set to open slightly lower despite strong manufacturing data

U.S. stock futures were under pressure Tuesday, despite data from the U.S. and China showing a rebound in manufacturing activity. As of 3:15 a.m. ET, Dow futures traded 32 points lower, indicating a lower open of -40 points, while the S&P 500 and Nasdaq indexes were also in negative territory.

The S&P 500 (SPY) was flat (+0.00%) today. Sector decliners led advancers 6 to 5 as shown below in the sector graph. Consumer discretionary (XLY), consumer staples (XLP), energy (XLE), financials (XLF), healthcare (XLV) and industrials (XLI) each had small losses of less than 1%. Communication services (XLC), materials (XLB), real estate (XLRE), technology (XLK) and utilities (XLU) each had minor gains of less than 1%.

The Dow Jones index dropped 79 points (-0.30%) to close at 26,179. The Nasdaq added +19 points (+0.25%) to settle at 7,848.

Stocks Flat While Investors Examine Recent Highs

Stocks fell flat on Tuesday as investors examined stocks recent highs. Tuesday’s action come from a strong rally on Monday resulting from strong manufacturing data from both the US and China. The S&P 500 is up more than +13% YTD.

Key Takeaway…

I took the following CNBC screenshot this morning regarding trade growth headwinds:

Stocks Flat While Investors Examine Recent Highs

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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4/2/19

S&P 500 Sector Graph

Stocks Flat While Investors Examine Recent Highs

S&P 500 (SPY)

Stocks Flat While Investors Examine Recent Highs

Communication Services (XLC)

Stocks Flat While Investors Examine Recent Highs

Consumer Discretionary (XLY)

Stocks Flat While Investors Examine Recent Highs

Consumer Staples (XLP)

Stocks Flat While Investors Examine Recent Highs

Energy (XLE)

Stocks Flat While Investors Examine Recent Highs

Financials (XLF)

Stocks Flat While Investors Examine Recent Highs

Real Estate (XLRE)

Stocks Flat While Investors Examine Recent Highs

Healthcare (XLV)

Stocks Flat While Investors Examine Recent Highs

Industrials (XLI)

Stocks Flat While Investors Examine Recent Highs

Materials (XLB)

Stocks Flat While Investors Examine Recent Highs

Technology (XLK)

Stocks Flat While Investors Examine Recent Highs

Utilities (XLU)

Stocks Flat While Investors Examine Recent Highs

S&P 500 Sector Heat Map

Stocks Flat While Investors Examine Recent Highs

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