Dem Staffer Who Filmed His Sexcapades in a Senate Hearing Room Later Checked...
NYC Mayor Eric Adams Tries to Cooperate With ICE. State Judge Stops Him.
Wife of Former Sen. Bob Menendez Found Guilty in Bribery Trial
The Pentagon Leakers Might Want to Lawyer Up
Flawed Study's Ridiculous 'Finding' Gets Called Out by Parkland Victim's Father
How Trump Handled Biggs Entering the AZ Governor's Race After He Already Endorsed...
The White House Responds After Harvard Files Lawsuit Against Trump Administration Over Fun...
Harvard Presidents—On Sale at Macy's
Van Hollen's Post From 2017 on MS-13 Comes Back to Haunt Him
Trump’s Example to the World: Cull Activists to Achieve Energy Abundance
Pope Francis' Cause of Death Has Been Revealed
Homeland Security Sets the Record Straight About Those German Teens Who Were ‘Deported’...
Scott Jennings, Mike Lawler Offer Crucial Reminders About Funding for Harvard in Light...
Dylan Mulvaney Plans on Leaving the US. Here's Where He's Headed.
Exposed: Another Bogus Immigration 'Controversy' Falls Apart
OPINION

Rally Fades And Leadership Shifts

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
AP Photo/Richard Drew, File

There was pressure out the gate as stocks set more all-time highs. The rally stalled and all three major indices pared gains as Facebook (FB) reversed lower. The Nasdaq turned red as investors await earnings results from the likes of Alphabet (GOOG), Twitter (TWTR) and Advanced Micro Devices (AMD) on Tuesday.

Advertisement

Leadership has shifted to utilities and Real Estate at the head of the class today.

S&P 500 Index

+0.10%

 

Communication Services XLC

 

-1.13%

Consumer Discretionary XLY

 

-0.17%

Consumer Staples XLP

+0.32%

 

Energy XLE

0.00%

 

Financials XLF

 

-0.04%

Health Care XLV

+0.42%

 

Industrials XLI

 

-0.36%

Materials XLB

+0.18%

 

Real Estate XLRE

+0.52%

 

Technology XLK

+0.33%

 

Utilities XLU

+1.15%

 

Consumer Confidence

Conference Board Consumer Confidence came in at 113.8 for October, beating consensus of 108. Improvement on both the present situation side (147.4 vs. 144.3 last month) and the expectations side (91.3 vs. 86.7 in September).

New Home Sales

Nice recovery in September new home sales surging +14% and above consensus of +2.5% This pop was the largest gain since July. Despite the result, homebuilder stocks are mixed this afternoon.

To see the chart, click here.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement