00:00 Speaker A
Pretty interesting close. We got two days in a row that the Dow Jones Industrial Average just barely squeaked out a win. We're talking about 15 points here. And let's just take a look at the intraday chart, very choppy action, pretty low volatility, but the action has been in the NASDAQ. Not down as much as it was yesterday, and you can see we're well off the lows today, but still down about two-thirds of a percent. And just to put things in context, here's what happened over the last two days, a net down of about 2.08%. Taking a look at the S&P 500, I'm gonna dial this back down to a one day, and you can see erased a lot of the losses from those lows, and it finished off the day down about one quarter of 1%. Finally, the Russell, not the Russell, the S&P 600, the small cap index down about half a percent. I'm gonna skip over to the sector action where we see a lot more green than red here. Leading the way down was consumer discretionary, a lot of retail names in there, including TJX and also Target, and also tech was down about two-thirds of 1%. And then the other underperformer today was communication services. So the bottom three here, all of those mega cap sectors. And you can really see this when we take a look at the NASDAQ 100. Lots of red, not a lot of dark red, but red when we take a look at the bigger names here. If we sort by performance, we see probably about two-thirds red, leading the way down, interesting, is Intel, that was leading the way up yesterday, down 7% today. And you can see it's net down about half a percent over those two days. I'm gonna skip over to the Dow here. You can see a lot of green on the right side of the board there, so a lot of the smaller names doing a lot better than their mega cap counterparts. Caterpillar, a standout to the upside, up about 1%, and Travelers, up about 2%. Also Walmart up over one and one quarter percent. Also, I'm gonna take a look at the transports here because those had been, that had been a bright spot yesterday, not so much today, Uber down one and a half percent, FedEx down two and a half percent, airlines not doing great, looks like American down about 3%. So kind of a mixed day when you take a look at all of the scoreboards here, and just kind of closing on the leaders, Cannabis and Bitcoin, they did well today along with the oil trade, and home builders, they led the way down. They were one of the leaders yesterday. So more rotation, more switching of places, just a lot of sideways action in the indices.
