Hey Plato, what happened in the stock market today?

Overall Grade of DIA:

DIA Overall Grade Summary:
- Current price: 336.26
- Grade as of: Just now (September 26, 2023 04:00PM EDT)
- The company got a C (54.32%) for its Overall Grade.
- DIA returned 10.65% in the last 12 months. Based on SPY's performance of 17.52%, its performance is below average giving it a score of 10 of 100.

Overall Grade of SPY:

SPY Overall Grade Summary:
- Current price: 425.875
- Grade as of: Just now (September 26, 2023 04:00PM EDT)
- The company got a B (65.03%) for its Overall Grade.
- SPY returned 17.52% in the last 12 months. Based on SPY's performance of 17.52%, its performance is below average giving it a score of 50 of 100.

Overall Grade of QQQ:

QQQ Overall Grade Summary:
- Current price: 353.83
- Grade as of: Just now (September 26, 2023 04:00PM EDT)
- The company got a B (79.02%) for its Overall Grade.
- QQQ returned 30.84% in the last 12 months. Based on SPY's performance of 17.52%, its performance is above average giving it a score of 100 of 100.

Overall Grade of IWM:

IWM Overall Grade Summary:
- Current price: 174.7056
- Grade as of: Just now (September 26, 2023 04:00PM EDT)
- The company got a C (58.22%) for its Overall Grade.
- IWM returned 11.65% in the last 12 months. Based on SPY's performance of 17.52%, its performance is below average giving it a score of 16 of 100.

📅 Happy Tuesday! Let's dive into today's market stories.

**Pre-Markets Down on Real & Projected Headwinds** 
- 📰 The pre-markets experienced a decline due to current and expected challenges. 
- 📉 This could lead to increased market volatility and uncertainty, as investors navigate these headwinds.
- 🕰️ Market downturns due to projected challenges are not uncommon and have occurred in the past during periods of economic uncertainty.
- 🧭 Investors should stay informed about these developments and be prepared for potential market fluctuations.

**Morgan Stanley Strategist Advocates Defensive Stance As Market Dynamics Shift** 
- 📰 Morgan Stanley strategist Michael Wilson suggests adopting a defensive approach in the US stock market, focusing on sectors like utilities, healthcare, and consumer staples.
- 📉 This advice comes amidst weakening discretionary spending and increasing interest rates, which could lead to a bearish outlook for the stock market in 2023.
- 🕰️ Defensive investing strategies have been advocated during periods of market uncertainty in the past.
- 🧭 Investors should consider their risk tolerance and investment goals when deciding whether to adopt a defensive stance.

**Asia Markets Mixed, Europe Slides While Crude Oil Trades Above $90** 
- 📰 US stock markets closed lower after a turbulent week with high Treasury yields and a hawkish outlook from the Federal Reserve. Asian and European markets also experienced losses, and commodity markets saw oil trading above $90.
- 📉 This global market turbulence could lead to increased volatility in the US stock market.
- 🕰️ Periods of global market turbulence have occurred in the past during times of economic uncertainty.
- 🧭 Investors should stay informed about global market trends and their potential impact on the US stock market.

**Stocks Tumble, VIX Spikes As Fear Over High Interest Rates Intensifies** 
- 📰 Stocks fell during midday trading on Tuesday as fear over high interest rates intensified. All major indices and sectors within the S&P 500 experienced declines. The VIX spiked 9%, reaching its highest level since August 18.
- 📉 This market turbulence underscores the potential impact of high interest rates on the stock market.
- 🕰️ Market declines due to fears of high interest rates have occurred in the past.
- 🧭 Investors should monitor interest rates and their potential impact on the stock market.

**Why Nasdaq, S&P 500 Are Set For Nervous Start To Week** 
- 📰 The Nasdaq and S&P 500 are expected to have a cautious start to the week after Friday's losses. Treasury yields are at their highest in over a decade, while the energy sector is performing well.
- 📉 This cautious market outlook could lead to increased market volatility.
- 🕰️ Periods of market caution have occurred in the past during times of economic uncertainty.
- 🧭 Investors should stay informed about market trends and be prepared for potential market fluctuations.

🧩 **Did You Know?**
Defensive Investing: The concept of defensive investing, as suggested by Morgan Stanley strategist Michael Wilson, involves investing in sectors that are expected to perform well during periods of economic downturn or uncertainty. These sectors often include utilities, healthcare, and consumer staples, which are considered essential and therefore less likely to be impacted by economic downturns.

Stay curious and have a great week! I'll be back with another update tomorrow at the same time! See you then. 🚀

--- Footnotes ---
: Zacks Investment Research, "Pre-Markets Down on Real & Projected Headwinds"
: Benzinga, "Morgan Stanley Strategist Advocates Defensive Stance As Market Dynamics Shift"
: Benzinga, "Asia Markets Mixed, Europe Slides While Crude Oil Trades Above $90"
: Benzinga, "Stocks Tumble, VIX Spikes As Fear Over High Interest Rates Intensifies"
: Benzinga, "Why Nasdaq, S&P 500 Are Set For Nervous Start To Week"

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Reading a story from Zacks Investment Research

Reading a story from Benzinga

📅 Happy Tuesday! Let's dive into today's market stories.

**Pre-Markets Down on Real & Projected Headwinds** [^1^]
- 📰 The pre-markets experienced a decline due to current and expected challenges. 
- 📉 This could lead to increased market volatility and uncertainty, as investors navigate these headwinds.
- 🕰️ Market downturns due to projected challenges are not uncommon and have occurred in the past during periods of economic uncertainty.
- 🧭 Investors should stay informed about these developments and be prepared for potential market fluctuations.

**Morgan Stanley Strategist Advocates Defensive Stance As Market Dynamics Shift** [^2^]
- 📰 Morgan Stanley strategist Michael Wilson suggests adopting a defensive approach in the US stock market, focusing on sectors like utilities, healthcare, and consumer staples.
- 📉 This advice comes amidst weakening discretionary spending and increasing interest rates, which could lead to a bearish outlook for the stock market in 2023.
- 🕰️ Defensive investing strategies have been advocated during periods of market uncertainty in the past.
- 🧭 Investors should consider their risk tolerance and investment goals when deciding whether to adopt a defensive stance.

**Asia Markets Mixed, Europe Slides While Crude Oil Trades Above $90** [^3^]
- 📰 US stock markets closed lower after a turbulent week with high Treasury yields and a hawkish outlook from the Federal Reserve. Asian and European markets also experienced losses, and commodity markets saw oil trading above $90.
- 📉 This global market turbulence could lead to increased volatility in the US stock market.
- 🕰️ Periods of global market turbulence have occurred in the past during times of economic uncertainty.
- 🧭 Investors should stay informed about global market trends and their potential impact on the US stock market.

**Stocks Tumble, VIX Spikes As Fear Over High Interest Rates Intensifies** [^4^]
- 📰 Stocks fell during midday trading on Tuesday as fear over high interest rates intensified. All major indices and sectors within the S&P 500 experienced declines. The VIX spiked 9%, reaching its highest level since August 18.
- 📉 This market turbulence underscores the potential impact of high interest rates on the stock market.
- 🕰️ Market declines due to fears of high interest rates have occurred in the past.
- 🧭 Investors should monitor interest rates and their potential impact on the stock market.

**Why Nasdaq, S&P 500 Are Set For Nervous Start To Week** [^5^]
- 📰 The Nasdaq and S&P 500 are expected to have a cautious start to the week after Friday's losses. Treasury yields are at their highest in over a decade, while the energy sector is performing well.
- 📉 This cautious market outlook could lead to increased market volatility.
- 🕰️ Periods of market caution have occurred in the past during times of economic uncertainty.
- 🧭 Investors should stay informed about market trends and be prepared for potential market fluctuations.

🧩 **Did You Know?**
Defensive Investing: The concept of defensive investing, as suggested by Morgan Stanley strategist Michael Wilson, involves investing in sectors that are expected to perform well during periods of economic downturn or uncertainty. These sectors often include utilities, healthcare, and consumer staples, which are considered essential and therefore less likely to be impacted by economic downturns.

Stay curious and have a great week! I'll be back with another update tomorrow at the same time! See you then. 🚀

--- Footnotes ---
[^1^]: Zacks Investment Research, "Pre-Markets Down on Real & Projected Headwinds"
[^2^]: Benzinga, "Morgan Stanley Strategist Advocates Defensive Stance As Market Dynamics Shift"
[^3^]: Benzinga, "Asia Markets Mixed, Europe Slides While Crude Oil Trades Above $90"
[^4^]: Benzinga, "Stocks Tumble, VIX Spikes As Fear Over High Interest Rates Intensifies"
[^5^]: Benzinga, "Why Nasdaq, S&P 500 Are Set For Nervous Start To Week"

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Pre-Markets Down on Real & Projected Headwinds

Morgan Stanley Strategist Advocates Defensive Stance As Market Dynamics Shift - SPDR Select Sector Fund - Energy Select Sector (ARCA:XLE), SPDR Select Sector Fund - Utilities (ARCA:XLU), SPDR Select S

Asia Markets Mixed, Europe Slides While Crude Oil Trades Above $90 - Global Markets Today While US Was Sleeping - ETC Gavekal Asia Pacific Government Bond ETF (ARCA:AGOV), SmartETFs Asia Pacific Divid

Stocks Tumble, VIX Spikes As Fear Over High Interest Rates Intensifies: What's Driving Markets Tuesday? - Alibaba Gr Holding (NYSE:BABA), SPDR Select Sector Fund - Utilities (ARCA:XLU), Fisker (NYSE:F

Why Nasdaq, S&P 500 Are Set For Nervous Start To Week - Netflix (NASDAQ:NFLX), SPDR Select Sector Fund - Utilities (ARCA:XLU), SPDR Select Sector Fund - Consumer Discretionary (ARCA:XLY), Paramount Gl

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