Bloomberg Television - Dow Falls For Ninth Session | Closing Bell
The discussion focuses on the closing moments of a trading day, noting a broad-based selling trend with major equity averages showing some recovery in the last 20-30 minutes. The Dow is on its longest losing streak since 1978, raising concerns about market breadth. The S&P Equal Weighted Index is highlighted as underperforming compared to the S&P and tech sectors. Specific stocks like Pfizer, On Semiconductor, and Planet Fitness are noted for their gains, while Nvidia and Broadcom are mentioned as decliners. The video also touches on cultural topics like the inclusion of 'Dirty Dancing' in the National Film Registry and the upcoming 'Bluey' movie, reflecting on its popularity among children and parents.
Key Points:
- Market breadth is a concern with the Dow on its longest losing streak since 1978.
- S&P Equal Weighted Index underperforms despite tech rallying off lows.
- Pfizer, On Semiconductor, and Planet Fitness show notable gains.
- Nvidia and Broadcom experience declines despite strong year-to-date performance.
- 'Dirty Dancing' added to National Film Registry; 'Bluey' movie announced for 2027.