Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Stocks add to losses, bonds catch a bid

Published 11/09/2018, 12:46 PM
© Reuters.  Stocks add to losses, bonds catch a bid

© Reuters. Stocks add to losses, bonds catch a bid

US500
0.66%
CL
-0.27%
TBT
2.57%
US10YT=X
1.60%
TLT
-1.47%
XLE
0.69%
XLU
0.67%
  • It's been steadily down for most of the session, with the Nasdaq now lower by 1.8% and the S&P 500 by 1.1%.
  • Excepting the defensive utilities (XLU +0.1%), all S&P 500 sectors are in the red. Energy (XLE -0.3%) is holding its own despite WTI crude oil slipping below $60 per barrel for the first time since March. Black gold has now tumbled more than 20% since touching about $76 just a bit over a month ago.
  • Fixed-income is catching a bid - the 10-year Treasury yield down five basis points to 3.19%. TLT +0.6%, TBT -1.2%
  • Now read: Utilities Dashboard - Update


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