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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 AccessMNI China Daily Summary: Monday, November 25
Equities Roundup: Semiconductors Rebound
- Equities remain mixed after the bell, the DJIA reversing a large part of Monday's rally, while S&P and Nasdaq stocks gain slightly. Currently, the DJIA is down 277.16 points (-0.7%) at 39135.03, S&P E-Minis up 10.25 points (0.19%) at 5527.25, Nasdaq up 179.1 points (1%) at 17676.21.
- Communication Services and Information Technology sectors lead gainers in the first half, interactive media and entertainment shares buoyed the former: Meta +1.78%, Google +1.46%, Charter Communications +1.43%.
- Semiconductor stocks supported the IT sector as they recovered from better selling since last Friday: Nvidia trades +3.45% after Monday's near 5% decline. Meanwhile Skyworks Solutions +1.82%, Monolithic Power +1.35%.
- On the flipside, Real Estate and Materials sectors underperformed in the first half, investment trusts weighing on the former: Weyerhaeuser -2.20%, Healthpeak Properties -2.14%, SBA Communications -2.11%.
- Metals and mining shares weighed on the Materials sector: Nucor -2.68%, Steel Dynamics -1.52%, Newmont Corp -1.13%.
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.