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Equities Roundup: REITs, O&G Shares Help Eminis Rise to April 12 Lvls

US STOCKS
  • Higher than expected weekly jobless claims helped improve risk appetites Thursday morning, Eminis at the best levels since April 12 as year end rate cut pricing gained on the data. Currently, the DJIA is up 177.95 points (0.46%) at 39236.64, S&P E-Minis up 15.25 points (0.29%) at 5228, Nasdaq up 37.8 points (0.2%) at 16339.84.
  • Leading Gainers: Real Estate and Energy sector shares, investment trusts - particularly specialized REITS supported the former: Equinix surged +11.14% after beating earnings and announcing a $4.26/share quarterly dividend late Wednesday, American Tower +2.93%, Crown Castle +2.29%. Oil and gas services shares buoyed the Energy sector in the first half: Baker Hughes +1.97%, Schlumberger +1.30%, Halliburton +1.19%.
  • Laggers: Information Technology and Communication Services sectors underperformed in the first half, chip stocks scaling back midweek gains: Enphase -2.12%, Nvidia -1.25%, Broadcom -0.86%. Meanwhile, interactive media and entertainment weighed on the communication sector: Google -0.18%, Paramount -0.12%,.
  • The latest equity earnings cycle has nearly run it's course, some stragglers after today's close include: Insulet Corp, Akami Technologies, Guardant Health. Next week sees: Home Depot, Republic First Bancorp, CIsco, B Riley, Walmart, Deere & Co, Applied Materials and Take Two Entertainment.
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  • Higher than expected weekly jobless claims helped improve risk appetites Thursday morning, Eminis at the best levels since April 12 as year end rate cut pricing gained on the data. Currently, the DJIA is up 177.95 points (0.46%) at 39236.64, S&P E-Minis up 15.25 points (0.29%) at 5228, Nasdaq up 37.8 points (0.2%) at 16339.84.
  • Leading Gainers: Real Estate and Energy sector shares, investment trusts - particularly specialized REITS supported the former: Equinix surged +11.14% after beating earnings and announcing a $4.26/share quarterly dividend late Wednesday, American Tower +2.93%, Crown Castle +2.29%. Oil and gas services shares buoyed the Energy sector in the first half: Baker Hughes +1.97%, Schlumberger +1.30%, Halliburton +1.19%.
  • Laggers: Information Technology and Communication Services sectors underperformed in the first half, chip stocks scaling back midweek gains: Enphase -2.12%, Nvidia -1.25%, Broadcom -0.86%. Meanwhile, interactive media and entertainment weighed on the communication sector: Google -0.18%, Paramount -0.12%,.
  • The latest equity earnings cycle has nearly run it's course, some stragglers after today's close include: Insulet Corp, Akami Technologies, Guardant Health. Next week sees: Home Depot, Republic First Bancorp, CIsco, B Riley, Walmart, Deere & Co, Applied Materials and Take Two Entertainment.