By coinnews 
00:00 Speaker A
There’s the closing bell on Wall Street and now it’s market domination overtime, sponsored by Tasty Trade. Jared Blick will be along in a moment to get us up to speed on the action from today’s session. I’m gonna start with the major averages here and things turning into the red, a little more decidedly as we approach the closing bell. The Dow finishing the day lower by 98 points, about a fifth of 1% after being in the green for much of the session. It was the best performer of the three major averages. The S&P 500 also taking a bit of a leg lower in the last hour of trading off by 6/10 of 1%, and the Nasdaq composite down three quarters of 1%, also seeing that sort of late day sell off there. Jared’s going to give us some details now on what was going on under the hood.
01:08 Jared
Yes, so streaks can’t last forever, but I will say this, there are a lot of other streaks in the market going on besides that nine one that in the S&P 500 that ended today. And you mentioned under the hood, let me just pull up the S&P 500, show you a year to date. Uh we’ve been seeing some really bullish price action under the hood, that is if you take the number of advancers and subtract the number of decliners on any given day, that total reached a new high only last week, and that was the first time in a while. So things are back, but we still got a little ways to go. You can see, if I draw a line, and it’s not straight there from the highs and the lows, we’re somewhere in the middle, and we still got some price action to overcome here, but I think a little bit of a day as a breather is uh is warranted here. So let’s check out the VIX here. The VIX ticked up just a tiny little bit, not even a full point, still hanging above the 20 level. There’s that big spike that we saw in April, but well off those highs now. And just taking a look at the bond market VIX, the ICE BofA move index, that has come down uh much farther relatively speaking, so that’s good news as we don’t see as much disruption disruption from the bond market. Here’s a year to date on the 10 year, that’s up two basis points, nothing to write home about. And the US dollar index ticking down just a little bit. Let’s get to some heat map action for today. Two sectors finished in the green, that would be communication services and industrials. Energy was the worst off down 1.81%. Crude oil, going to talk about that with Josh in about 30 minutes. Um that is by four-year lows right now. So pretty interesting development there. I just circled XLY, that’s consumer discretionary. And if we look at the Nasdaq here, we can see uh a few standouts. Apple in the lower right, uh that is down 3.15% today, but not a lot of dark red here. Starbucks also a standout, also down more than 3%. Overall, kind of a kind of a meh day.