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Equities Roundup: Narrow Ranges, Hardware Makers Outperform

US STOCKS
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  • Stocks are near steady to mildly higher, inside rather narrow ranges ahead midday Monday. Near the middle of the day's range, S&P Eminis drifted near steady. Currently, the DJIA is up 9.73 points (0.02%) at 39126.68, S&P E-Minis steady at 5520.75, Nasdaq up 76.9 points (0.4%) at 17807.4.
  • Information technology and Consumer Discretionary sectors outperformed in the first half, hardware makers outperformed semiconductor makers: Apple +2.0%, Arista Networks +0.72%, Juniper Networks +0.23%.
  • Auto makers buoyed the Consumer Discretionary sector with Tesla surging 6.61% -- a tail wind amid hopes of progress in EU-China tariff talks on electric vehicle imports. Meanwhile, Ford gained +0.60%.
  • Meanwhile, Materials and Real Estate sectors underperformed in the first half, construction materials weighed on the former: Vulcan Materials +2.20%, Martin Marietta Materials +2.06%. Estate management shares weighed on the latter: CBRE Group -3.21%, Simon Property -3.61%.
  • Reminder, the latest equity earnings cycle kicks off in earnest Friday next week, banks headline: Wells Fargo, Bank of NY Mellon, JP Morgan and Citigroup.
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  • Stocks are near steady to mildly higher, inside rather narrow ranges ahead midday Monday. Near the middle of the day's range, S&P Eminis drifted near steady. Currently, the DJIA is up 9.73 points (0.02%) at 39126.68, S&P E-Minis steady at 5520.75, Nasdaq up 76.9 points (0.4%) at 17807.4.
  • Information technology and Consumer Discretionary sectors outperformed in the first half, hardware makers outperformed semiconductor makers: Apple +2.0%, Arista Networks +0.72%, Juniper Networks +0.23%.
  • Auto makers buoyed the Consumer Discretionary sector with Tesla surging 6.61% -- a tail wind amid hopes of progress in EU-China tariff talks on electric vehicle imports. Meanwhile, Ford gained +0.60%.
  • Meanwhile, Materials and Real Estate sectors underperformed in the first half, construction materials weighed on the former: Vulcan Materials +2.20%, Martin Marietta Materials +2.06%. Estate management shares weighed on the latter: CBRE Group -3.21%, Simon Property -3.61%.
  • Reminder, the latest equity earnings cycle kicks off in earnest Friday next week, banks headline: Wells Fargo, Bank of NY Mellon, JP Morgan and Citigroup.