US weekly jobless claims rose more than expected as leadership from the Federal Reserve has expressed confidence in bringing inflation down. The healthcare sector (XLV) slumped today, leading in sector losses and dropping by over 2%. Lastly, the run that small caps (^RUT) has seen in the past few days has begun to stall out, erasing much of the gains from earlier in the week.

Yahoo Finance markets reporter Josh Schafer joins Asking For A Trend to break down the latest market trends for July 18.

For more expert insight and the latest market action, click here to watch this full episode.

This post was written by Nicholas Jacobino