HeatMap 27 Feb 2023 - Still finding its feet

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 Check out today’s heat map:

8 of 11 sectors closed green. Consumer discretionary (+1.21%) led, and utilities (-0.66%) lagged. 💚

In economic news, U.S. core capital goods orders and shipments rose more than expected in January, with certain sub-measures being weighed down by Boeing’s weakness. The Dallas Fed manufacturing index showed that activity contracted for the ninth straight month in January. And pending home sales saw their largest monthly increase since June 2020, up 8.1% in January, but were still down 24% YoY. 📝

Internationally, the U.K. and European Union (EU) agreed to a new trade deal that remedies problems caused by the Northern Ireland Protocol. Leaders say the Winsor Framework is “the beginning of a new chapter” for the two regions’ relationship. 🤝

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