Equity Roundup: Climbing into Weekend, Next Week Earnings

Generally quiet end to the week, focus on latest earnings cycle that kicks off next week with financials make up the bulk of releases. JP Morgan and BlackRock are due to set the tone on Wednesday, before Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo follow

• Equity indexes holding mixed levels by midday, SPX and Dow firmer/off midmorning lows while NASDAQ trades weaker.
• S&P eminis currently trading +18.5 (0.41%) at 4514.75 vs. 4469.50 session low -- above key support of 4455.32 50-day EMA. A clear break would strengthen a bearish case and allow for a deeper pullback that would open 4425.96 initially, a Fibonacci retracement.
• On the flipside, a resumption of gains and an ability to remain above the 50-day EMA would be seen as a bullish development -- key resistance at 4588.75 High Apr 5.
• Meanwhile, Dow Industrials currently trade +319.66 (0.92%) at 34904.61, Nasdaq -35 (-0.3%) at 13862.3.
• SPX leading/lagging sectors: Energy sector (+2.42%) with energy equipment servicers outpacing oil & gas consumables. Financials next up (+1.23%) with banks and diversified financial names outpacing insurers.
• Laggers: Information Technology sector (-0.41%) as semiconductors continued to lag on chip scarcity, software outpacing hardware.
• Dow Industrials Leaders/Laggers: Home Depot continues to rebound 8.14 to 310.89; United Health (UNH) climbs +7.33 to 544.28. Tech shares weaker: MSFT -1.21 at 300.16, AAPL -.86 at 171.28, HON -.71 at 191.99.