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US STOCKS: Early Equities Roundup: Extending Lows Again, Risk-Off Resumes

US STOCKS
USEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America
  • Stocks reversed modest overnight gains early Monday, extending lows by midmorning amid carry-over risk-off on President Trump policy concerns on tariffs while trading desks cited managed money rotation out of stocks into Fixed Income. Treasury safe haven support saw rates reverse early losses to moderately higher in 5s to 30s.
  • The DJIA recovered from early selling but remains near mid-January levels trades up 27.83 points (0.06%) at 43453.5 (43343.67 low), S&P E-Minis down 20 points (-0.33%) at 6008.75, Nasdaq down 185.5 points (-1%) at 19335.37.
  • Health Care and Financial sectors led gainers in the first half, carry-over support from Friday noted in pharmaceuticals amid concerns over a new Covid strain with "pandemic potential": Charles River Labs +4.46%, Amgen +3.03%, Regeneron Pharmaceuticals +2.88%.
  • Insurance companies buoyed the Financials sector: Berkshire Hathaway +3.39%, Travelers Cos +3.14%, Progressive Corp+1.93%, Chubb Ltd+1.92%.
  • Meanwhile, Consumer Discretionary and Information Technology sectors underperformed, Domino's Pizza -5.05% after missing earnings, Deckers Outdoor Corp -3.04%, Tesla Inc -2.77% and Ralph Lauren Corp -1.92% weighed on the Consumer Discretionary sector.
  • Technology sector shares were hampered by the threat of tariffs weighing on foreign investment: Palantir Technologies -9.02%, Crowdstrike Holdings -4.53%, Super Micro Computer -4.04%, Western Digital Corp -3.96% and Arista Networks Inc -3.87%. Microsoft declined 1.8% on reports they canceled some leases for domestic data center capacity.
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  • Stocks reversed modest overnight gains early Monday, extending lows by midmorning amid carry-over risk-off on President Trump policy concerns on tariffs while trading desks cited managed money rotation out of stocks into Fixed Income. Treasury safe haven support saw rates reverse early losses to moderately higher in 5s to 30s.
  • The DJIA recovered from early selling but remains near mid-January levels trades up 27.83 points (0.06%) at 43453.5 (43343.67 low), S&P E-Minis down 20 points (-0.33%) at 6008.75, Nasdaq down 185.5 points (-1%) at 19335.37.
  • Health Care and Financial sectors led gainers in the first half, carry-over support from Friday noted in pharmaceuticals amid concerns over a new Covid strain with "pandemic potential": Charles River Labs +4.46%, Amgen +3.03%, Regeneron Pharmaceuticals +2.88%.
  • Insurance companies buoyed the Financials sector: Berkshire Hathaway +3.39%, Travelers Cos +3.14%, Progressive Corp+1.93%, Chubb Ltd+1.92%.
  • Meanwhile, Consumer Discretionary and Information Technology sectors underperformed, Domino's Pizza -5.05% after missing earnings, Deckers Outdoor Corp -3.04%, Tesla Inc -2.77% and Ralph Lauren Corp -1.92% weighed on the Consumer Discretionary sector.
  • Technology sector shares were hampered by the threat of tariffs weighing on foreign investment: Palantir Technologies -9.02%, Crowdstrike Holdings -4.53%, Super Micro Computer -4.04%, Western Digital Corp -3.96% and Arista Networks Inc -3.87%. Microsoft declined 1.8% on reports they canceled some leases for domestic data center capacity.