The Morning Navigator: A Look at the Market

Tony Greer: Moody's downgrade of U.S. regional banks, China export data caught people off guard. He says the S&P fell to a new low early this morning but recovered with $3 rally in oil. The biggest losers were everything technology, semiconductors, software and cyber security stocks; that's more signs commodity-based stocks are holding up well against higher interest rates.Greer: That's kind of the broad five things I'm getting from the market today.