In today's update:
1) Chip stocks helped the Technology sector rebound resulting in significant gains for U.S. Equity markets after the U.S. decided to ease restrictions on Huawei Technologies. The Dow Jones Industrial Average gained 197.43 or 0.77%, the S&P 500 added 24.13 or 0.85% while the Nasdaq 100 closed higher by 83.35 or 1.08% and the Russell 2000 finished higher by 20.28 or 1.33%.
2) Crude Oil Futures were flat Tuesday while Gold Futures finished slightly lower on strength in the U.S. dollar. The Bond market also traded lower and the yield on the 10-year Treasury Note settled at 2.428%.
3) The ongoing trade war between the U.S. and China has put downward pressure on department store stocks and reporting disappointing quarterly earnings won't help. Earlier today, Kohl's (KSS) and JCPenney (JCP) reported and both stocks finished substantially lower while Nordstrom (JWN) reported after-market close and is currently lowered by $3.60 or 9.51% in the after-hours trading session.