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Equities Roundup

US STOCKS
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  • Stocks are holding near steady to mixed ahead midday Monday, SPX Eminis near steady on a narrow range, Nasdaq weaker vs. modest gains in Dow Industrials. Markets held relatively narrow ranges ahead this Wednesday's FOMC policy announcement while FI markets projected decent chances of more than a 25 bp cut.
  • The DJIA trades up 88.4 points (0.21%) at 41477.66, S&P E-Minis down 12.5 points (-0.22%) at 5678.25, Nasdaq down 159.7 points (-0.9%) at 17524.21.
  • Financial and Energy sectors led gainers in the first half, banks and insurance providers outperforming: Charles Schwab +2.32%, Global Life +2.07%, KKR +1.86%. ONEOK +2.07%, EQT +1.37%, Kinder Morgan +1.24% led gainers in the Energy sector.
  • Conversely, Information Technology and Consumer Discretionary sectors underperformed in the first half, hardware and semiconductor makers weighing on the former: Qorvo -7.0%, Skyworks Solutions -6.22%, Micron -4.10%. That's not to say the IT sector didn't have some decent gainers: Oracle +5.30%, Intel +4.25%, Crowdstrike +4.0%.
  • Meanwhile, broadline retailers weighed on the Discretionary sector: Etsy -3.02%, Best Buy -1.17%, Amazon -1.02%.
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  • Stocks are holding near steady to mixed ahead midday Monday, SPX Eminis near steady on a narrow range, Nasdaq weaker vs. modest gains in Dow Industrials. Markets held relatively narrow ranges ahead this Wednesday's FOMC policy announcement while FI markets projected decent chances of more than a 25 bp cut.
  • The DJIA trades up 88.4 points (0.21%) at 41477.66, S&P E-Minis down 12.5 points (-0.22%) at 5678.25, Nasdaq down 159.7 points (-0.9%) at 17524.21.
  • Financial and Energy sectors led gainers in the first half, banks and insurance providers outperforming: Charles Schwab +2.32%, Global Life +2.07%, KKR +1.86%. ONEOK +2.07%, EQT +1.37%, Kinder Morgan +1.24% led gainers in the Energy sector.
  • Conversely, Information Technology and Consumer Discretionary sectors underperformed in the first half, hardware and semiconductor makers weighing on the former: Qorvo -7.0%, Skyworks Solutions -6.22%, Micron -4.10%. That's not to say the IT sector didn't have some decent gainers: Oracle +5.30%, Intel +4.25%, Crowdstrike +4.0%.
  • Meanwhile, broadline retailers weighed on the Discretionary sector: Etsy -3.02%, Best Buy -1.17%, Amazon -1.02%.