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A mixed day for US stocks at the close with optimism of potential talks with China offsetting worries in the tech sector

Sep 12, 2018

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US Markets End of Day Snapshot

  • US stocks traded between gains and losses during the day to close mixed as optimism on potential talks with China offset worries in the tech sector
  • The S&P 500 finished up 0.03%, Nasdaq Composite is down 0.23%, and Russell 2000 is down 0.16%
  • Telecom (+1.42%), Consumer Staples (+1.25%), and Healthcare (+0.55%) stocks were the top performers in the S&P 500 today
  • Utilities (-0.09%), Tech (-0.5%), and Financials (-0.89%) stocks were the worst performers in the S&P 500 today
  • Investor sentiment for US stocks finished positive with the advance/decline ratio for the S&P 500 closing at 1.25x
  • 72 stocks in the S&P 500 hit 4-week highs while 56 stocks reached 4-week lows
  • 53 stocks in the S&P 500 closed overbought while 16 stocks closed oversold according to the 16-day RSI Measure
  • 187 stocks in the Nasdaq Composite hit 4-week highs while 142 stocks reached 4-week lows
  • 296 stocks in the Nasdaq Composite closed overbought while 455 stocks closed oversold according to the 16-day RSI Measure
  • The VIX finished flat at 13.09 after closing at 13.22 yesterday

Stocks Trending in the News

Click name for Q-Factor rating and financials data.

  • Altria (MO) surged 6.8% to $63.52 on news the US FDA will start cracking down on e-cigarettes in an effort against youth vaping.  Analysts have commented that any effort that slows down the growth of e-cigarettes will be good for existing tobacco companies.  Altria is rated ‘Top Buy’ in both our US Large-Cap Global Top Picks and US Consumer Staples Global Top Picks
  • Apple (AAPL) unveiled its iPhone strategy today showing 3 new iPhone X models ranging in price from $749 to $1,099.  The $1,099 model is the iPhone X Max and has a 6.5 inch screen, one of the biggest on the market.  Apple closed down 1.2% at $221.12.  Apple is rated ‘Top Buy’ in our US Large-Cap Global Top Picks and ‘Attractive’ in our US Consumer Staples Global Top Picks
  • CBS Corp's (CBS) executire producer Jeff Fager, the executive producer of "60 Minutes" and the former head of news, has been fired because "he violated company policy".  Mr. Fager has been at the center of recent allegations oh harassment at CBS News.  CBS closed down 0.40% at $55.15.  CBS is rated ‘Neutral’ in our US Large-Cap Global Top Picks and ‘Attractive’ in our US Consumer Discretionary Global Top Picks
  • Citigroup (C) raised its forecasts for profitability and cost reductions for the coming year.  Return on tangible equity should hit at least 13.5% by 2020 while previous estimates were 11%.  Citigroup rose 1.7% to close at $70.65.  Citigroup is rated ‘Neutral’ in our US Large-Cap Global Top Picks

US Treasuries

  • US 2-Year Treasury Notes are lower with yields up 0.43 basis points to 2.74%
  • US 5-Year Treasury Bonds are higher with yields down 0.51 basis points to 2.86%
  • US 10-Year Treasury Bonds are higher with yields down 1.29 basis points to 2.96%
  • The US Treasury 2s-5s Spread has narrowed 0.94 basis points to 0.11%
  • The US Treasury 2s-10s Spread has narrowed 1.72 basis points to 0.21%
  • US Treasury 5s-10s Spread has narrowed 0.78 basis points to 0.1%

Currencies

  • EUR€ is up 0.19% against the USD$ in after hours to 1.1628
  • GBP£ is up 0.153% against the USD$ in after hours to 1.3053
  • CHF is up 0.214% against the USD$ in after hours to 1.0307
  • JPY¥ is down 0.331% against the USD$ in after hours to 111.26

Commodities

  • WTI Crude is up 1.62% to USD$70.37/bbl with the Brent-WTI spread down USD$-0.84 to USD$9.37/bbl
  • Gold is up 0.63% to USD$1206.15/oz

*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

S&P 500 Sector ETFs - End of Day

*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

Russell 1000 Factor ETFs - End of Day

*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

S&P 500 Movers

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Outperformers Sector Price 1D % Chg Volume
Discovery Inc Consumer Discretionary 30.7 7.68%      2,385,188.00
Discovery Inc Consumer Discretionary 28.4 7.18%      1,172,905.00
Advanced Micro Devices Inc Information Technology 32.2 7.01%    35,432,532.00
Altria Group Inc Consumer Staples 63.43 6.66% 2251199.00
Freeport-McMoRan Inc Materials 13.64 4.61% 6168635.00
 
Underformers Sector Price 1D % Chg Volume
Micron Technology Inc Information Technology 41.7 -4.27%    13,680,337.00
SunTrust Banks Inc Financials 71.4 -3.84%      1,019,593.00
Twitter Inc Information Technology 29.8 -3.69%      4,954,546.00
Comerica Inc Financials 95 -3.44%          740,897.00
Lam Research Corp Information Technology 150 -3.24%      1,788,128.00