Afternoon Note
The market had a decent start as yields moved lower, but later, stocks hit an air pocket a turned noticeable turn lower. The major indices are stabilizing as investors await the key inflation report tomorrow.
The CPI for March, according to economists, is expected to edge higher to 3.4% from 3.2% in February. This is the trend the Fed is fighting.
Only six sectors are higher this afternoon, led by Real Estate.
There are more advancers than decliners, and more new highs than lows, on the NYSE and Nasdaq.
Market Breadth |
NYSE |
NASDAQ |
Advancers |
1,528 |
2,251 |
Decliners |
1,246 |
1,841 |
New Highs |
93 |
85 |
New Lows |
8 |
64 |
Up Volume |
1.03 billion |
1.92 billion |
Down Volume |
646.8 million |
1.03 billion |
Tweet |
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 |
6/23/2025 1:47 PM | Getting Some Resolve |
6/23/2025 9:51 AM | BRACING |
6/20/2025 1:29 PM | Second Triple Witching |
6/20/2025 9:38 AM | POWELL BLEW IT |
6/18/2025 12:41 PM | FED Day |
6/18/2025 9:45 AM | ROOM WITH A VIEW |
6/17/2025 1:26 PM | Tension Continues |
6/17/2025 9:50 AM | THE BIG TECH TEN & CO |
6/16/2025 1:34 PM | Fears Subside |
6/16/2025 9:44 AM | DRUMBEATS OF PEACE |
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