Afternoon Note
The major indices are higher today and wrapping up to another strong week, with the Dow trying to erase its losses of 2020. Walmart (WMT) and Intel (INTC) led the way for the Dow. For the week, the Dow is currently up 2.3%.
On the S&P 500, 8 of the 11 sectors are in the green with Energy outperforming, while the defense lagging.
S&P 500 Index |
+0.18% |
|
Communication Services (XLC) |
-0.09% |
|
Consumer Discretionary (XLY) |
+0.41% |
|
Consumer Staples (XLP) |
+0.41% |
|
Energy (XLE) |
+1.35% |
|
Financials (XLF) |
+0.44% |
|
Health Care (XLV) |
-0.27% |
|
Industrials (XLI) |
+0.51% |
|
Materials (XLB) |
+0.90% |
|
Real Estate (XLRE) |
-0.03% |
|
Technology (XLK) |
+0.57% |
|
Utilities (XLU) |
+0.03% |
The big momentum came with solid economic data, which informs on the state of the American consumer, and it is overwhelmingly optimistic. Consumer spending posting another solid month and consumer sentiment this morning.
Consumer Sentiment
The final read from the University of Michigan on the U.S. consumer sentiment was up to 74.1 from the preliminary read of 72.8, and up from July’s 72.5. There were less concerns about the outlook on the economy for the year ahead.
Tweet |
7/11/2025 1:45 PM | Facing Pressure |
7/11/2025 9:48 AM | CLEAR FOR TAKEOFF |
7/10/2025 1:53 PM | Small Caps Rally |
7/10/2025 9:56 AM | ENOUGH ZEN TO SHARE |
7/9/2025 1:32 PM | NVDA New Milestone |
7/9/2025 9:46 AM | PASSING THE BATON |
7/8/2025 1:33 PM | Seesaw Session |
7/8/2025 9:55 AM | MORE SUMMER BLAHS THAN FEAR OF MYANMAR'S TARIFF |
7/7/2025 1:27 PM | Trade Talks and Profit Taking |
7/7/2025 9:51 AM | LOVING MOOD |
7/3/2025 9:45 AM | NICE & STEADY AS SEMIS CONTINUE TO CHIP IN |
7/2/2025 1:44 PM | Materials' Strength Continues |
7/2/2025 9:38 AM | BARNBURNER |
7/1/2025 1:29 PM | Rotation |
7/1/2025 9:45 AM | FEAR OF MISSING OUT IS CREEPING IN |
6/30/2025 1:24 PM | Steady As She Goes |
6/30/2025 9:54 AM | SUMMER RALLY STARTS |
6/27/2025 1:35 PM | Reaching New Heights |
6/27/2025 9:39 AM | THERE'S MORE! |
6/26/2025 1:10 PM | S&P Approaches Record |
6/26/2025 9:51 AM | CHIPS MOMENTUM CONTINUES |
6/25/2025 1:42 PM | Tech Stocks Power Nasdaq 100 |
6/25/2025 9:47 AM | CLIMBING MOUNTAINS OF WORRY |
6/24/2025 1:47 PM | Peace Rally |
6/24/2025 9:48 AM | PEACE THROUGH STRENGTH: THE MARKET LOVES IT |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|