All 11 S&P sectors are lower.
All major stock indices are closing lower and the Dow industry average is the worst.
- S&P and Dow have been down five in the last six trading days
- The NASDAQ index has fallen for five days in a row
- All 11 sectors of the S&P index are lower today
- US yields are sharply lower, leading to a downturn in the financial sector. The term is less than -4.5 basis points. The 30-year return is below -5.1 basis points.
- The worst was Russell 2000, which fell more than -1.4%
the final numbers show:
- The Dow industry average fell -291.07 points, or -0.83%, to 34,578.56
- The S&P index fell -25.5 points or -0.57%, to 4443.23
- The NASDAQ index fell -67.82 points or -0.45%, 15037.76 points
- Russell 2000 felt -30.83 points or -1.38% at 2209.95
Looking at the sectors of the S&P index (all fell), the worst results were:
- Energy -1.54%
- Financial data, -1.41%
- Industries -1.23%
- Materials -1.16%
The most successful losers were:
- Health care -0.11%.
- Technology, -0.14%.
- Social, -0.33%.
- Real estate, -0.34%.
The decline in inventories led to an outflow of currency risk, such as AUD, NZD and CAD. The JPY and the Swiss franc benefited from the flight to safety flows. The USD was also mostly higher, declining only in CHF and JPY (it was almost unchanged against the euro).
The USD was lower than expected from the CPI after the tamer, but this decline was reversed after US equities abandoned early rises and began to move lower.