The Dow Jones finished in the green toady, but 8 out of the 11 S&P 500 sectors finished down. Crude oil (/CL), RBOB Gasoline (/RB) and gold (/GCC) all finished lowers, whereas neutral gas (/NG) finished higher. The TNX is up 1.31% and bitcoin (/BTC) fell. The VIX finished at 33.63. There was strength in stocks JNJ, HCA, SPG, WMT, and KHC and there was weakness in JPM, META, DIS, MSFT, and AAPL. American Airlines (AAL) announced that they expect 3Q revenue to be above guidance. Uber (UBER) and Lyft (LYFT) tumble as U.S. labor department propose rules for gig workers. The NFIB small business optimism data came in a bit higher than expected. Tune in to find out more about the stock market today.
11 Oct 2022