Markets mixed ahead of G-20 summit

 

Stocks are mixed at mid-day Friday as President Trump is set to meet with Chinese President Xi Jinping at the G-20 summit in Argentina. While it would be great to see a positive resolution regarding tariffs, we are hopeful to at least see an agreement on continuing trade talks instead of a further escalation in trade war rhetoric. 

At present, the S&P 500 is up 0.12%, the DJIA is down 0.15%, and the NASDAQ is up 0.21%.

Industries doing well today include Airlines, Road & Rail, and Diversified Telecommunication Services. Industries showing weakness include Diversified Consumer Services, Energy Equipment & Services, and Leisure Products. The VIX is up 0.16 to 18.95 after the previous close of 18.79. The total put/call ratio as of 10:00 AM was 0.72 (204,126/282,759). The advancers/decliners ratio for NYSE stocks is 1,389/1,557 while the advancers/decliners ratio for NASDAQ stocks is 1,567/1,441.

[InvestorsKeyhole, various news and data sources]

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