The market is showing continuation of yesterday’s strength, although major indices are now trading near its sessions lows.

Nine sector are moving higher. Energy (XLE) is out in front as oil commodities edged higher. On the other side, Health Care (XLV) is at the bottom of the list, with Eli Lilly and Company (LLY) as the worst performer after receiving a downgrade from HSBC.

In the News

Trump noted that most NATO allies are not willing to get involved in the Iran Conflict, but emphasized that the USA is more than capable handling it without them.

The European Union is restarting the ratification process of the US trade deal following their blocking of it, due to Trump’s interest in Greenland.

Economic Data

Pending home sales rose by 1.8% M/M in February, reversing from the two prior contractions and beating expectations of a 0.5% drop.