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Equity Roundup: Energy, Communication Services sectors outperforming

US STOCKS

Major indexes trading near steady ahead midday, inside range after some post CPI-data volatility. Energy and Communication Services sectors outperforming weaker Consumer Staples and Health Care names. SPX eminis currently trades 2 (-0.05%) at 3988.5; DJIA +116.5 (0.34%) at 34089.96; Nasdaq -13.7 (-0.1%) at 10918.6.

  • SPX leading/lagging sectors: Energy sector outperformed (+2.05%) w/ crude prices moving higher (WTI +1.45), energy equipment and services names leading O&G refiners (HAL +3.95%; VLO +1.86%). Communication Services a distant second (+0.35%) w/ telecom names gaining (LUMN +2.06%, VZ +1.17%).
  • Laggers: Second consecutive session, Consumer Staples (-0.78%) and Health Care (-0.63%) sectors. Pharmaceuticals and biotech shares underperforming (TECH -4.79%, ILMN -4.35%).
  • Dow Industrials Leaders/Laggers: In-line with energy equipment/servicer gains, Caterpillar (CAT) +5.76 to 256.49, Boeing (BA) +4.50 at 212.53, Honeywell (HON) +3.42 at 215.72. Laggers: Amgen (AMGN) continued to trade weaker, -2.22 at 270.69, Apple (AAPL) -1.14 at 132.35, Walmart (WMT) -0.99 at 145.14

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