Monitor Show 16:00 09-12-2023 16:00
With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. They still have time to maybe get in on this a little bit here. Yeah, I mean, interesting though on this day where we're seeing the NASDAQ really taking on the chin, the S &P only down a fractionally on the day, but believe it or not, the Dow holding up relatively unchanged on the day, the Russell similar as well. And the S &P 400 mid -caps actually in the green, though only fractionally. You put it all together, once again, a mixed market, you could call it a holding pattern if you will, as we wait, of course, for tomorrow, 8 .30 a .m. Washington time, that big CPI report. Here are the numbers here as we wait for them to settle, the Dow Jones Industrial Average down roughly 16 points, we're going to call that basically unchanged as we wait for the numbers to settle. The S &P down 25 points or about six -tenths of a percent, while the NASDAQ Composite is And the Russell 2000, as we speak, again, waiting for these numbers to settle, poking into the green. Looks like it's going to finish with a fractional gain, a tenth of a percent. There's a little, hey, we'll take it, there's a little bit of green on the screen. Taking a deeper look at the S &P 500. It's called picking up pennies in front of a steamroller. Yeah, that's true. 212 stocks moving higher, 287, Scarlett, in the S &P declining today. All right, let's take a look at how the S &P 500 stacks up when you break it down by 24 industry groups. Energy in the lead there, up by 2 .3%. With all 23 big cap energy names higher on the day as oil prices climb, WTI approaching $89 a barrel. Banks also doing pretty well, led by the likes of Zions and PNC, as they make comments at an industry conference. On the flip side, software and services, that's Oracle. Oracle dragging that group lower. Household and personal products also lower by about 2 % on the day. Yeah, Scarlett hitting the nail on the head when it comes to the gainers that I picked for today.