There was a steep sell-off across markets as investors await the FOMC announcement on Wednesday afternoon. The Dow Jones, S&P 500, Nasdaq-100 and Russell 2000 ended lower. Ten out of the eleven S&P 500 sectors closed lower, with energy the worst performer. Regional banks saw a huge selloff a day after JPMorgan (JPM) acquires First Republic Bank. Uber (UBER) shares ended almost 12% higher today after earnings were better-than-expected for the first quarter and bookings for both rides and deliveries increased. AMD (AMD) shares dropped in postmarket trading after reporting an operating loss, net loss, and diluted loss per share for the first quarter of the year. Tomorrow, look for the ADP Employment Report, PMI Composite Final, and ISM Services Index Reports. At 2pm the FOMC announcement will be released followed by Jerome Powell’s press conference at 2:30pm. As for earnings, look out for CVS Health (CVS), Phillips 66 (PSX), Kraft Heinz (KHC), Etsy (ETSY), Mosaic (MOS), Qualcomm (QCOMM), and Zillow (ZG). Tune in to find out more about the stock market today.
======== TD Ameritrade Network ========
Empowering every investor and trader, every market day.
Watch more on http://www.tdameritradenetwork.com/?cid=YTTDACPTDANWebR521
Subscribe to the Market Minute newsletter – https://tdameritradenetwork.com/subscribe
Download the iOS app – https://apps.apple.com/us/app/tda-network/id1460719185
Download the Amazon Fire TV app – https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling – https://watch.sling.com/watch?type=linear&id=281bef99d6a240d9b3def3355f5bd956&channelId=bb1b75050268416e82a557ff6387bff3&action=live
Vizio – https://www.vizio.com/en/watch-free
Distro TV – https://www.distro.tv/show/ameritrade/td-ameritrade-network
Listen on Apple Podcasts – https://podcasts.apple.com/us/podcast/td-ameritrade-network/id1529002119
Spotify – https://open.spotify.com/show/2OsvlLsGHwk25acCWVEITM
Castbox – https://castbox.fm/channel/id3234891?country=us
Follow us on Twitter – https://twitter.com/TDANetwork
Facebook – https://www.facebook.com/tdameritradenetwork
Instagram – https://www.instagram.com/tdameritradenetwork/
LinkedIn – https://www.linkedin.com/company/td-ameritrade-network/
Legal Disclosures –
Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.
Privacy – https://tdameritradenetwork.com/subscription/privacy-policy
Options Disclosure – Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Please read Characteristics and Risks of Standardized Options before investing in options.
#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday #banks #uber #amd