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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessEquities Roundup: Near Steady After Volatile Morning
- Stocks are making modest gains for the most part ahead midday, off earlier highs following some data-driven volatility after a 30 minute delayed BLS employment down-revision for March helped Eminis climb to new 4 week highs briefly. Currently, the DJIA trades down 55.29 points (-0.14%) at 40786.65, S&P E-Minis up 0.75 points (0.01%) at 5621.5, Nasdaq up 8.7 points (0%) at 17828.36.
- Materials and Utilities sector shares led gainers in the first hald, chemical makers buoyed the former: Albemarle +4.9%, Mosaic +3.63%, Int Flavors & Fragrances +1.85%. The Energy sector was lead by Valero +2.12%, Phillips66 +1.98%, Marathon +1.24.
- On the flipside, listed banks weighed on the Financials: Franklin Resources -7.87%, American Express -3.45%, Citigroup -1.75%. Investment Trusts weighed on the Real Estate sector: Equinix -1.24%, Crown Castle -0.55%.
- Other stocks in the news: Target gained over 10% on earnings beat while Macys -8% on poor sales outlook.
- Late cycle corporate earnings expected this week: after today's close, Urban Outfitters, Agilent Technologies, Synopsys, Snowflake and Zoom Video Communications ;Wednesday; Peloton, Advance Auto Parts, Williams-Sonoma, Ross Stores and Intuit on Thursday; Dollar Tree and Veradigm Inc on Friday.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.