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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
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Emerging Markets
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Credit
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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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: Paring Midmorning Gains, IT, Banks Outperform
- Stocks are paring gains slightly after recovering from post-NFP data lows, Information Technology and Financial sectors outperforming. At the moment: DJIA is up DJIA up 40.24 points (0.11%) at 37481.09, S&P E-Mini future are up 16 points (0.34%) at 4745.75, Nasdaq up 68 points (0.5%) at 14578.83.
- Leading gainers: IT and Financial sectors led gainers in the first half, chip stocks buoyed the former amid renewed AI-related demand: Advanced Micro Devices +3.6%, Nvidia +3.06%, Intel a distant third +1.6%. Meanwhile, banks supported Financials for the second day running: KeyCorp +3.91%, Citizens Financial +3.5%, Comerica +3.27%.
- Reminder, banks lead the next quarterly earnings cycle that starts next week Friday with BlackRock, Bank of America, Wells Fargo, JPMorgan, Citigroup and Bank of NY Mellon.
- Laggers: Real Estate and Consumer Staples sectors lagged in the first half, estate management shares weighing on the former: CoStar Group -0.52%, CBRE -0.2%. Consumer Staples weighed by household and personal products: Procter & Gamble -0.6%, Church and Dwight -0.45%, Colgate-Palmolive -0.35%.
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.