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Equities Roundup: Marking Highs Ahead FOMC

US STOCKS

Stocks extending modest session highs after paring support in morning trade. Generally quiet ahead the FOMC policy announcement at the top of the hour. DJIA are up DJIA up 47.93 points (0.14%) at 33731.37; S&P E-Mini Future up 14 points (0.34%) at 4150.75; Nasdaq up 64.4 points (0.5%) at 12144.58.

  • SPX futures running below resistance of 4206.25 High May 1, a break would confirm a resumption of the uptrend and open 4223.00, the Feb 14 high. On the downside, Initial support to watch is 4098.34, the 50-day EMA.
  • Quarterly earnings cycle resumes after the close, salient stocks include: Allstate, Equinix, QUALCOMM Inc, Cognizant Technology, Williams Cos, Albemarle Corp, MetLife Inc, Zillow Group Inc, Marathon Oil Corp, Ingersoll Rand Inc Etsy Inc, APA Corp.

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