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Equity Roundup: Autos Leading Consumer Discretionary

US STOCKS

Major indexes trading firmer, extending session highs after midday w/ Materials and Consumer Discretionary sectors outperforming after mixed data. SPX eminis currently trades +30.75 (0.76%) at 4063; DJIA +165.48 (0.49%) at 33880.91; Nasdaq +125.2 (1.1%) at 11518.01.

  • SPX leading/lagging sectors: Materials (+1.45%) lead containers/packaging subsector, particularly paper: International Paper (IP) +9.69% after reporting $0.87 adj EPS this morning. Consumer Discretionary (+1.46%) lead by auto makers: GM surging 7.16%, Ford +3.34% compared to Tesla +2.57%)
  • Laggers: Utilities (-0.45%), Consumer Staples (+0.19%) and Financials (+0.38%), multi-utilities weighing on the former (SRE -1.89%, ED -0.76%, AEE -0.75%).
  • Dow Industrials Leaders/Laggers: adding to Monday's gains, United Health (UNH) +9.13 at 494.12, Home Depot (HD) +7.61 at 321.85, Microsoft (3.31 at 246.02. Laggers: Caterpillar (CAT) -10.70 at 250.80 after announcing $2.79 EPS and lagging sales in China), McDonalds (MCD) -6.39 at 264.50 after missing operating margins ests, IBM -1.38 at 133.92.
  • Earning roundup: International Paper (IP, $0.87 adj EPS), Pfizer (PFE, $0.87 EPS), Philips 66 (PSX, $3.97 EPS), Pulte Grp (PHM, $3.85 EPS), McDonalds (MCD, $2.59 EPS), Marathon Petroleum (MPC, $7.09 EPS), Corning (GLW, $0.47 adj EPS), Sysco (SYY), Caterpillar (CAT, $2.79 EPS), Exxon (XOM, $3.40 adj EPS). Still waiting on UPS, GM. After market: EA, AMD, AMGN.

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