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Equities Roundup: Paring Early Gains, Geopol Risk Factor

US STOCKS
  • Stocks are trading mixed at midday - Dow still outperforming after paring early gains as Middle East tensions continue to test the market's appetite for risk. Currently, DJIA is up 61.06 points (0.16%) at 38052.95, S&P E-Minis down 3.5 points (-0.07%) at 5164.75, Nasdaq down 51.2 points (-0.3%) at 16125.54.
  • Leading Gainers: Health Care and Financial sector stocks outperformed in the first half, equipment and services shares buoyed the former with Centene +4.43%, Cardinal Health +2.84%, Zimmer Biomet Holdings +1.86%. Banks led gains in the Financial sector after announcing better than expected earnings this morning: M&T Bank + 6.17%, Goldman Sachs +3.62%, Wells Fargo (annc last Friday) +1.96%.
  • Laggers: Real Estate and Utility sector shares underperformed in the first half, estate management and services weighed on the former: CoStar Group -2.18%, CBRE Group -1.33%. Independent power providers weighed on Utilities with AES -1.60%, PG&E -0.84%, Dominion Energy -0.67%.
  • Expected to announce quarterly earnings Tuesday: Bank of NY Melon, PNC Financial, Bank of America and Morgan Stanley.
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  • Stocks are trading mixed at midday - Dow still outperforming after paring early gains as Middle East tensions continue to test the market's appetite for risk. Currently, DJIA is up 61.06 points (0.16%) at 38052.95, S&P E-Minis down 3.5 points (-0.07%) at 5164.75, Nasdaq down 51.2 points (-0.3%) at 16125.54.
  • Leading Gainers: Health Care and Financial sector stocks outperformed in the first half, equipment and services shares buoyed the former with Centene +4.43%, Cardinal Health +2.84%, Zimmer Biomet Holdings +1.86%. Banks led gains in the Financial sector after announcing better than expected earnings this morning: M&T Bank + 6.17%, Goldman Sachs +3.62%, Wells Fargo (annc last Friday) +1.96%.
  • Laggers: Real Estate and Utility sector shares underperformed in the first half, estate management and services weighed on the former: CoStar Group -2.18%, CBRE Group -1.33%. Independent power providers weighed on Utilities with AES -1.60%, PG&E -0.84%, Dominion Energy -0.67%.
  • Expected to announce quarterly earnings Tuesday: Bank of NY Melon, PNC Financial, Bank of America and Morgan Stanley.