Closing Brief

Jul 17 · 4:30 PM EDT

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Market sentiment turned fearful as major indices declined alongside a surge in volatility, while energy, real estate, and industrials showed relative strength. Notable earnings beats from TRV, TFC, FITB, and RF contrasted with the broader market weakness, and the megacap portfolio maintained its lead over the broader market this month.

Market Snapshot

IndexPriceChange
S&P 5007,457.69-1.01%
Dow Jones52,146.42-0.77%
Nasdaq25,520.24-1.40%
Russell 20002,962.22-0.42%
VIX18.74+12.01%
Sentiment:Fear (37)-10 from last week

Sector Performance

Leaders

Energy+1.16%
Real Estate-0.09%
Industrials-0.41%

Laggards

Comm. Svc.-1.78%
Cons. Disc.-1.62%
Technology-1.09%

Cross-Asset Moves

10Y Yield

4.54%

-0.03

Gold

$4,014.10

+0.72%

Oil (WTI)

$81.62

+3.38%

Bitcoin

$63,991.52

+0.32%

USD Index

100.75

+0.02%

HYG

$79.65

-0.19%

Earnings Reported Today

SymbolEPSEst.Surprise
TRV(BMO)$10.04$5.41+85.56%
TFC(BMO)$1.23$1.09+12.95%
FITB(BMO)$1.02$0.97+5.59%
RF(BMO)$0.68$0.65+5.26%

Signal Performance

Megacap Portfolio (2026-07 month-to-date)View signals ›
+5.6% portfolio-0.5% SPY

Current Headlines

Today's Events

Economic Calendar

EventForecastPrevious
Building Permits (Jun)1.400M1.410M
Export Price Index (MoM) (Jun)-0.4%1.3%
Housing Starts (Jun)1.310M1.177M
Housing Starts (MoM) (Jun)-15.4%
Import Price Index (MoM) (Jun)-0.7%1.9%

Earnings Today

SymbolEPS Est.Rev. Est.
TRV(BMO)$5.41$11.5B
TFC(BMO)$1.09$5.3B
FITB(BMO)$0.97$3.3B
RF(BMO)$0.65$2.0B

Attention shifts to Saturday's economic data releases on building permits, housing starts, and import price indexes for further insights into the housing sector and inflation trends.

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