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US STOCKS: Equities Roundup: Off Lows While Confidence Remains Low

US STOCKS
USEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America
  • Stocks are trading moderately mixed in early afternoon trade, off lows amid buying in Consumer Staples sector shares, the Dow outperforming. Currently, the DJIA trades up 114.1 points (0.26%) at 43570.86, S&P E-Minis down 28 points (-0.47%) at 5972.75, Nasdaq down 204.1 points (-1.1%) at 19082.14.
  • Risk sentiment remained poor amid ongoing tariff uncertainty. Anecdotally, the Conference Board's consumer confidence composite fell to 98.3 from 105.3 prior (102.5 expected), led by a drop in expectations to 72.9 from 82.2.
  • Consumer Discretionary and Energy sector shares underperformed in the first half, Tesla -8.14% led laggers in the Discretionary sector followed by Ralph Lauren -3.70%, MGM Resorts -3.11% and Caesars Entertainment -2.60%. ONEOK -4.46%, Targa Resources -4.14%, Williams Cos -3.99% and EQT Corp -3.77% weighed on the Energy sector.
  • On the positive side, Consumer Staples and Real Estate sectors led gainers, broadline retailers supported Consumer Staples: Walmart +3.49%, Walgreens Boots Alliance +3.23% and Kroger +1.76%. Meanwhile, investment trusts buoyed the Real Estate sector with American Tower gaining 5.73%, Alexandria Real Estate +3.95% and SBA Communications +3.17%.
  • Earnings after the close are expected from: Lucid Group, Permian Resources, ZoomInfo Technologies, Arcutis Biotherapeutics, First Solar, Caesars Entertainment, AMC Entertainment, Intuit Inc, Lemonade Inc, Workday Inc, Coupang, Supernus Pharmaceuticals and Axon Enterprise Inc.
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  • Stocks are trading moderately mixed in early afternoon trade, off lows amid buying in Consumer Staples sector shares, the Dow outperforming. Currently, the DJIA trades up 114.1 points (0.26%) at 43570.86, S&P E-Minis down 28 points (-0.47%) at 5972.75, Nasdaq down 204.1 points (-1.1%) at 19082.14.
  • Risk sentiment remained poor amid ongoing tariff uncertainty. Anecdotally, the Conference Board's consumer confidence composite fell to 98.3 from 105.3 prior (102.5 expected), led by a drop in expectations to 72.9 from 82.2.
  • Consumer Discretionary and Energy sector shares underperformed in the first half, Tesla -8.14% led laggers in the Discretionary sector followed by Ralph Lauren -3.70%, MGM Resorts -3.11% and Caesars Entertainment -2.60%. ONEOK -4.46%, Targa Resources -4.14%, Williams Cos -3.99% and EQT Corp -3.77% weighed on the Energy sector.
  • On the positive side, Consumer Staples and Real Estate sectors led gainers, broadline retailers supported Consumer Staples: Walmart +3.49%, Walgreens Boots Alliance +3.23% and Kroger +1.76%. Meanwhile, investment trusts buoyed the Real Estate sector with American Tower gaining 5.73%, Alexandria Real Estate +3.95% and SBA Communications +3.17%.
  • Earnings after the close are expected from: Lucid Group, Permian Resources, ZoomInfo Technologies, Arcutis Biotherapeutics, First Solar, Caesars Entertainment, AMC Entertainment, Intuit Inc, Lemonade Inc, Workday Inc, Coupang, Supernus Pharmaceuticals and Axon Enterprise Inc.