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Equity Roundup: Energy and Industrials Outperform

US STOCKS

Major indexes trading mixed, off recent modest session lows, with Energy and Industrials sectors outperforming. SPX eminis currently trade -4.75 points (-0.12%) at 3864.75; DJIA +90.87 points (0.27%) at 33298.98; Nasdaq -90.87 points (0.27%) at 33298.98.

  • SPX leading/lagging sectors: Energy sector leading (+0.99%) partially tied to firmer crude prices (WTI +0.80 at 80.36) w/ O&G refiners narrowly outpacing equipment and servicer stocks. Industrials up next (+0.68%) lead by capital goods, particularly aerospace and defense (Northrop Grumman, NOC +0.89%).
  • Laggers: Communication Services (-0.72%), Information Technology (-0.62%) and Consumer Discretionary (-0.55%) the latter weighed by autos, particularly Tesla (-6.72%).
  • Dow Industrials Leaders/Laggers: Caterpillar (CAT) +2.33 at 242.20, Chevron (CVX) +1.09 at 178.49, Boeing (BA) +0.98 at 190.04. Laggers: Goldman Sachs (-2.89) at 342.62, Apple (AAPL) -2.69 at 129.17, Microsoft (MSFT) -1.65 at 237.08=3.

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