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Equities Roundup: Off Brief Post-Data Highs, Media, Autos Lagging

US STOCKS
  • Stocks are trading near steady (S&P Eminis) to modestly lower ahead midday Tuesday, paring gains after nearly topping Monday's all-time highs (Eminis: 5561.00, Nasdaq: 17,857.02) after this morning's lower Retail Sales data and down revisions to prior.
  • Currently, the DJIA is down 26.27 points (-0.07%) at 38750.13, S&P E-Minis down 0.25 points (0%) at 5545.5, Nasdaq down 37.9 points (-0.2%) at 17818.93.
  • Leading gainers: Energy and Real Estate sectors outperformed in the first half, oil and gas servicer shares buoyed the former as crude continued to rebound (WTI +.99 at 81.32): Schlumberger +2.7%, Occidental Petroleum and APA Corp both +1.44%, Exxon Mobil +1.19%.
  • Investment trust shares, particularly office and specialized REITs supported the Real Estate sector: American Tower +1.51%, Public Storage +1.47%, Extra Storage Space +1.36%.
  • Laggers: Communication Services and Consumer Discretionary sectors underperformed in the first half, interactive media & entertainment shares weighed on the former: Meta -1.55%, Charter Communications -0.84%, Google -0.81%.
  • Meanwhile auto and parts makers weighed on the Consumer Discretionary sector, scaling back Monday's support: Tesla -2.08%, Borg Warner -0.93%, Aptiv -0.35%, Ford -0.34%.
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  • Stocks are trading near steady (S&P Eminis) to modestly lower ahead midday Tuesday, paring gains after nearly topping Monday's all-time highs (Eminis: 5561.00, Nasdaq: 17,857.02) after this morning's lower Retail Sales data and down revisions to prior.
  • Currently, the DJIA is down 26.27 points (-0.07%) at 38750.13, S&P E-Minis down 0.25 points (0%) at 5545.5, Nasdaq down 37.9 points (-0.2%) at 17818.93.
  • Leading gainers: Energy and Real Estate sectors outperformed in the first half, oil and gas servicer shares buoyed the former as crude continued to rebound (WTI +.99 at 81.32): Schlumberger +2.7%, Occidental Petroleum and APA Corp both +1.44%, Exxon Mobil +1.19%.
  • Investment trust shares, particularly office and specialized REITs supported the Real Estate sector: American Tower +1.51%, Public Storage +1.47%, Extra Storage Space +1.36%.
  • Laggers: Communication Services and Consumer Discretionary sectors underperformed in the first half, interactive media & entertainment shares weighed on the former: Meta -1.55%, Charter Communications -0.84%, Google -0.81%.
  • Meanwhile auto and parts makers weighed on the Consumer Discretionary sector, scaling back Monday's support: Tesla -2.08%, Borg Warner -0.93%, Aptiv -0.35%, Ford -0.34%.