Fallout from US/N. Korea summit cancellation limited
The stocks indices all ended in the red after Pres Trump called off the US/N.Korean summit, but the declines were limited, and they recovered much of losses.
- The S&P fell -5.53 points or -0.20% at 2727.76. The low reached 2707.38. That moved just below the 100 day MA at 2710, but recovered nicely. The high for the day reached 2731.97
- The Nasdaq fell -1.526 points or -0.02% at 7424.43. The low reached 7357.50. The high reached 7435.
- The Dow fell -75.05 points or -0.30% at 24811. The high reached 24877. The low reached 24605.
Some losers today included the financials again as rates fell:
- Deutsche Bank -4.85%. The trouble German bank has more problems then lower rates.
- Wells Fargo -2.63%
- Citigroup -1.35%
- JP Morgan -1.12%
- Bank of America -0.82%
Other losers include:
- Intel -0.83%
- Gilead -0.94%
- Disney -0.77%
- Facebook, -0.52%
Some winners today included:
- Micron, +2.53%
- Celgene +2.42%
- AMD +2.37%
- United Continental +1.35%
- Netflix traded to a record, +1.33%
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