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US stocks ended mixed today as earlier gains were erased by tech weakness late in the day, tech rebalancing caused volume to rise 65% above average on US exchanges

Sep 21, 2018

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US Markets End of Day Snapshot

  • US stocks were mixed today with tech shares falling late in the day and volume 65% above its normal level due to heavy tech rebalancing today in anticipation of the tech sector reshuffling on Monday
  • The S&P 500 finished down 0.11%, Nasdaq Composite is down 0.51%, the Dow is up 0.32%, and Russell 2000 is down 0.52%
  • Telecom (+0.98%), Energy (+0.72%), and Utilities (+0.39%) stocks were the top performers in the S&P 500 today
  • Consumer Discretionary (-0.28%), Tech (-0.34%), and Financials (-0.36%) 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 1.2x
  • 147 stocks in the S&P 500 hit 4-week highs while 54 stocks reached 4-week lows
  • 72 stocks in the S&P 500 closed overbought while 1 stocks closed oversold according to the 16-day RSI Measure
  • 148 stocks in the Nasdaq Composite hit 4-week highs while 93 stocks reached 4-week lows
  • 323 stocks in the Nasdaq Composite closed overbought while 244 stocks closed oversold according to the 16-day RSI Measure
  • The VIX finished flat at 11.66 after closing at 11.8 yesterday

Stocks Trending in the News

Click name for Q-Factor rating and financials data.

  • Duke Energy (DUK) reported that one of its ash basins is overflowing in North Carolina due to rising flood waters.  The basin is losing cenospheres, small pellets that are the byproducts of burning coal, but no ash is escaping at this point.  Duke closed down 0.84% at $79.97.  Duke Energy is rated ‘Attractive’ in our US Large-Cap Global Top Picks
  • McDonald’s (MCD) received a letter from the New York State Pension Fund, signed by the NY State Comptroller, warning it to take better care of its chickens.  He is concerned about “potential financial and reputational risks associated with McDonald’s chicken welfare practices”.  McDonald’s closed 2% higher at $164.01.  McDonald’s is rated ‘Neutral’ in our US Large-Cap Global Top Picks and ‘Top Buy’ in our US Consumer Discretionary Global Top Picks.

US Treasuries

  • US 2-Year Treasury Notes are higher with yields down -0.35 basis points to 2.79%
  • US 5-Year Treasury Bonds are higher with yields down -0.48 basis points to 2.94%
  • US 10-Year Treasury Bonds are higher with yields down -0.17 basis points to 3.06%
  • The US Treasury 2s-5s Spread has narrowed 0.13 basis points to 0.15%
  • The US Treasury 2s-10s Spread has widened 0.18 basis points to 0.26%
  • US Treasury 5s-10s Spread has widened 0.31 basis points to 0.11%

Currencies

  • EUR€ is down 0.204% against the USD$ in after hours to 1.1753
  • GBP£ is down 1.38% against the USD$ in after hours to 1.3082
  • CHF is little changed 0.019% against the USD$ in after hours to 1.043
  • JPY¥ is little changed 0.044% against the USD$ in after hours to 112.54

Commodities

  • WTI Crude is up 1.38% to USD$71.78/bbl with the Brent-WTI spread down USD$-1.78 to USD$6.36/bbl
  • Gold is down -0.68% to USD$1199/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
IPG Photonics Corp Information Technology 169 4.02%                714,366
American Airlines Group Inc Industrials 43.6 3.96%            3,832,376
Under Armour Inc Consumer Discretionary 18.7 2.78%            2,198,389
Unum Group Financials 40.5 2.710233            1,631,956
Kroger Co/The Consumer Staples 30 2.604524            8,136,866
 
Underformers Sector Price 1D % Chg Volume
Copart Inc Industrials 52.6 -6.61%            4,117,930
Twitter Inc Information Technology 28.5 -4.47%          14,766,028
Micron Technology Inc Information Technology 44.7 -3.12%          22,075,155
Darden Restaurants Inc Consumer Discretionary 113 -2.97%            1,215,453
Chipotle Mexican Grill Inc Consumer Discretionary 467 -2.75%                277,628