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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.
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Free AccessEquities Roundup: Off Lows, Real Estate/Financial Services Outperform
- Stocks are gradually paring losses, extending the top end of the range in late morning trade: DJIA down 61.96 points (-0.16%) at 38907.58, S&P E-Minis down 4.25 points,(-0.08%) at 5085.75, Nasdaq down 43.2 points (-0.3%) at 15991.97.
- Leading Gainers: Real Estate and Financial sectors lead gainers in the first half, estate management companies supporting the former: CoStar Group +1.02%, CBRE Group +0.3%. Banks and financial services shares buoyed the latter: BlackRock +1.03%, MSCI and PNC Financial both +0.95% while Charles Schwab gained 0.89%.
- Laggers: Communication Services and Health Care sectors underperformed in the first half, interactive media and entertainment weighing on the former: Match -2.14%, Google -1.94%, Meta -0.46%. Equipment and services shares weighed on the Health Care sector: United Health -5.11% amid reports the Justice Dept has initiated an antitrust investigation in the company late Tuesday. Meanwhile Henry Schein trades -3.39%, Align Technology -2.89%.
- Looking ahead: corporate earnings after the close include: Paramount Global, Salesforce, HP Inc, AMC Entertainment, Jazz Pharmaceuticals and Monster Beverage.
To read the full story
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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.