HeatMap Tuesday 14 Feb 2023 - CPI Print not as expected

 Check out today’s heat map:

4 of 11 sectors closed green. Consumer discretionary (+1.20%) led, and real estate (-1.04%) lagged. 💚

Oil prices dipped on news that the U.S. strategic oil reserve will continue with its scheduled 26 million barrel sale. Overseas, European Union lawmakers approved a ban on new fossil fuel cars that begins in 2035. 🛢️

Meanwhile, Ford is cutting another 3,800 jobs in Europe as it prioritizes resources for electric vehicle production. It also halted production and shipments of its F-150 Lightning over a battery issue. 🪫