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where apple is putting their money, finally. let s head to the markets desk where julie hyman has a look at where investors are putting their money. much and stocks. after we got retail sales numbers earlier, we re just getting university of michigan consumer s been a, better than estimated like the retail sales were better than estimated, coming in at 95.8. expectations better than estimated, 87.5. when you look at the retail sales number, that defied expectations as well. even if you back out cars and gasoline, a cayman better than estimated. a lot of that strength because of non-store retailers. because of e-commerce. that number includes catalog and direct mail sales. nonetheless, it looks like e-commerce, and accounted for each some of these strengths. a bit of a muddling along to end the week. take a look at the groups on the move. technology a strong, only at .4%. consumer discretionary leading the losses, because as betty mentioned, we do have individual retai ....
big-time gambler. markets close in about two hours, and stocks are down but off their lows. another day of weakness across the board. we re talking about all sectors. on concerns the fed will height hike rates next month. concerns they will be more pressure on an already sluggish global economy. we are now seeing the dow jones come down .7%. the s&p 500 down .6%. the s&p has been in the negative all day today. .t has not been doing great at one point, it was down more than 1%. it has pulled back some of its earlier losses. i want to take you through some of the individual sectors, and you can see that financials and the tech sector are now down today, but after the rally we saw yesterday, remember, the only point since 2000 nine did we see bankshares gain as much as they did yesterday, just outperforming the broader gauge, but today, coming down from those highs, down more than 1% there, but if you look at consumer staples, it is staying in positive territory, and all ....
the u.s. trading day. julie hyman is tracking the all-out from the surprisingly hawkish fed minutes yesterday. julie: but we are having a delayed reaction. yesterday, stocks came down afterward but finished little changed. also, as we hear from other fed members who have been making comments this morning, saving to support again that june is on the table, july could be on the table. , s&p, and nasdaq are all trading lower, up off the lows to some extent today. yet, when you look around at other markets, they are not necessarily supporting this narrative. you could look at the two-year as well as the 10-year, and yields are actually lower, which is not what people would take if .nterest rates are going higher i m looking at world bonds and two-your notes around the globe. the u.s. and canada at the top. as you go down, that blue column, you see a lot of negative numbers, so you are not getting yield elsewhere. the yield still at least relatively by comparison looks attra ....
ramy: we are just off of session lows but i have to say that on fears of what is happening over at the fed, traders are concerned about the rising potential of an interest rate hike as early as june, and even here today, all the major indices are down for the year. we are down .7%, similar to the s&p. pop into the bloomberg with me and i want to show you the sector health. seven of the 10 sectors are in the red. industrials are down the most, down by 1%, as it has been for most of the day, followed closely by financials. utilities are the highest, but with consumer staples the second-highest, half a percent here. going back to industrials, they are down in large part because of what is happening with the airlines. this is down by about 2.5%, in large part because of temper airrs, because of egypt flight being lost between paris and cairo. officials saying terrorism cannot be ruled out. let s take a look at what is happening even deeper in the airline board with specific ....
will the focus shift from fx to fiscal stimulus? and the hud for the missing egyptair airplane enters its second day in they ve dismissed reports that debris from the jet have been found. it looks like we are going to get a positive start. watch the luxury stocks. the dax is up by 0.9%. in 29 minutes time looking solid here in europe. it looks like less concern around the world. this is a lot more than we are pricing in at the beginning of the work week. it doesn t seem to be affecting markets as much today. we have asian markets up overnight. their biggest back-to-back slump in a month. brent crude oil is rising as well. at 48 56.p there trading almost and parity the dollar index has been earlier.ttle bit that may be because the slight possibility of a june fed hike has been priced in over the next couple of days. the new york fed president bill dudley says the federal reserve is moving closer earlie. that may be because the slight possibility of to raising rates a ....