Market Recap: JBHT, MRNA, STX Up, KHC, PNC, KMX Down

From a technical perspective, the S&P is currently back below the 200-day simple moving average (not great for the bulls), says Nathan Peterson. He and Collin Martin give a market recap as the markets slump into the close and finish negative. They also talk about the S&P 500 winners which include J.B. Hunt (JBHT), Moderna (MRNA), and Seagate (STX), and losers Kraft Heinz (KHC), PNC Financial (PNC), and Carmax (KMX). Collin notes that treasury yields are down sharply with 2-year and 10-year treasury yields at more than 3-month lows. Tune in to find out more about the stock market today.

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19 Jan 2023

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