European worries cause steep losses

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Wednesday, the 23rd of May.

While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week.

DailyXchange
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Stocks on the move: TRIP ( Tripadvisor ) and EXPE( Expedia )

DON’T FIGHT THE MARKET … MOVE WITH THE MARKET!

TODAY’S MARKET MOVING SECTORS:
Percentage changes in stocks are relative to the S&P 500
CONSUMER GOODS: -0.32% Top Stock HRL +2.80%
SERVICES: +0.02% Top Stock PETM +12.39%
HEALTHCARE: -0.54% Top Stock MDVN +2.20%
ENERGY: -1.09% Top Stock TSO +1.44%
TECHNOLOGY: -0.71% Top Stock FTR +3.91%
FINANCIAL: -0.41% Top Stock IEP +3.05%
INDUSTRIAL GOODS: -0.48% Top Stock HEI +8.05%
BASIC MATERIALS: -0.97% Top Stock RNF +2.39%
UTILITIES: -0.16% Top Stock DGAS +2.90%