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US stocks closed flat after rebounding from earlier lows, trade fears sent markets lower with late day buyers bringing them back

Sep 14, 2018

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US Markets End of Day Snapshot

  • US stocks ended the day flat after selling off on trade fears then rebounding as late day buyers brought markets back 
  • The S&P 500 finished up 0.03%, Nasdaq Composite is down 0.05%, and Russell 2000 up 0.43%
  • Financials (+0.66%), Energy (+0.56%), and Industrials (+0.52%) stocks were the top performers in the S&P 500 today
  • Telecom (-0.43%), Utilities (-0.54%), and Real Estate (-0.91%) 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 1.37x
  • 128 stocks in the S&P 500 hit 4-week highs while 40 stocks reached 4-week lows
  • 63 stocks in the S&P 500 closed overbought while 8 stocks closed oversold according to the 16-day RSI Measure
  • 174 stocks in the Nasdaq Composite hit 4-week highs while 161 stocks reached 4-week lows
  • 307 stocks in the Nasdaq Composite closed overbought while 437 stocks closed oversold according to the 16-day RSI Measure
  • The VIX finished flat at 12.1 after closing at 12.37 yesterday

Stocks Trending in the News

Click name for Q-Factor rating and financials data.

  • L Brands (LB) announced the closure of luxury retailer Henri Bendel which first opened its doors in 1895. L Brands acquired it in 1985 and is closing its 23 stores to focus elsewhere.  L Brands closed 5.4% higher at $28.99.  L Brands is rated ‘Top Short’ in our US Large-Cap Global Top Picks and ‘Unattractive’ in our US Consumer Discretionary Global Top Picks
  • NiSource (NI) shares traded down 12% to $24.70 in the wake of dozens of gas explosions in the pipelines of Columbia Gas which it owns.  While the investigation is just beginning, one thing in common with all the explosions was a Columbia gas pipe.  NiSource is rated ‘Attractive’ in our US Large-Cap Global Top PIcks 
  • Qutoutiao Inc (QTT), the Chinese news and video app backed by Tencent (700 HK), made its debut in the US today, with a volatile day of trading capped with a close up 128% at $15.97.  Tencent is rated ‘Top Buy’ in our China All-Cap Global Top Picks and Qutoutiao is not rated in Global Top Picks.  

US Treasuries

  • US 2-Year Treasury Notes are lower with yields up 2.53 basis points to 2.78%
  • US 5-Year Treasury Bonds are lower with yields up 2.92 basis points to 2.90%
  • US 10-Year Treasury Bonds are lower with yields up 2.59 basis points to 2.99%
  • The US Treasury 2s-5s Spread has widened 0.39 basis points to 0.12%
  • The US Treasury 2s-10s Spread has widened 0.06 basis points to 0.21%
  • US Treasury 5s-10s Spread has narrowed 0.33 basis points to 0.09%

Currencies

  • EUR€ is down 0.539% against the USD$ in after hours to 1.1627
  • GBP£ is down 0.252% against the USD$ in after hours to 1.3075
  • CHF is down 0.154% against the USD$ in after hours to 1.0342
  • JPY¥ is little changed 0.063% against the USD$ in after hours to 111.99

Commodities

  • WTI Crude is up 0.58% to USD$68.99/bbl with the Brent-WTI spread down USD$-1.05 to USD$9.08/bbl
  • Gold is down -0.59% to USD$1194.35/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
Advanced Micro Devices Inc Information Technology 32.7 7.35%            35,817,290
L Brands Inc Consumer Discretionary 29 5.58%               1,701,818
Principal Financial Group Inc Financials 56.9 3.83%                  647,931
TransDigm Group Inc Industrials 370 3.24%                  124,779
Lincoln National Corp Financials 67.2 3.11%                  298,268
 
Underformers Sector Price 1D % Chg Volume
NiSource Inc Utilities 24.8 -11.72%               3,186,176
Nektar Therapeutics Health Care 59.3 -4.28%                  696,629
Under Armour Inc Consumer Discretionary 19 -3.56%               1,224,199
Under Armour Inc Consumer Discretionary 17.7 -3.32%                  697,272
Coty Inc Consumer Staples 11.9 -3.01%               1,195,479