SPX intraday
SPX intraday

US stocks had a powerful rally going midway through the day but a soft 5-year auction and some earnings angst took away the punch bowl.

On the day:

  • S&P 500 +0.1%
  • Nasdaq Comp +0.3%
  • DJIA -0.3%
  • Russell 2000 -0.6%
  • Toronto TSX Comp flat

It's still a marginal new closing high in the S&P 500 but the intraday reversal is somewhat ominous. Tomorrow we get the first look at Q4 GDP and initial jobless claims.

Tesla earnings are due shortly after the bell.