Market Recap: LW, WDC, VLO Winners, STZ, NOW, SHW Losers

Fed officials are highlighting that more work needs to be done, says Collin Martin. He and Randy Frederick give an overview of the market as 10 out of 11 S&P 500 sectors closed lower today. Collin notes that we continue to expect short-term yields to rise to meet FOMC expectations. They talk about S&P 500 winners which include Lamb Weston (LW), Western Digital (WDC), and Valero Energy (VLO), and losers which include Constellation Brands (STZ), ServiceNow (NOW), and Sherwin-Williams (SHW). Randy notes that the tight labor market doesn't bode well for the Fed "pause." Tune in to find out more about the stock market today.