Free Trial

Equity Roundup: Energy Sector Outperforming, Crude Bounces

US STOCKS

Stocks trading firmer, at/near session highs in afternoon trade, Energy sector outperforming with crude prices bouncing on the day (WTI tapped 73.94 high). SPX eminis currently trade +26.75 (0.67%) at 3995.5; DJIA +316.36 (0.95%) at 33796.59; Nasdaq +48.5 (0.4%) at 11054.72.

  • SPX leading/lagging sectors: Energy (+1.67%) lead by equipment and services outperforming O&G (SLB +3.32%, BKR +3.19%, HAL +3.01%). Utilities (1.32%) and Information Technology (+1.09%) up next, software and services names driving the latter (CDAY +5.16%).
  • Laggers: Consumer Discretionary and Communication Services both around -0.20%, autos weighing on the former with Tesla -5.33%).
  • Dow Industrials Leaders/Laggers: Home Depot (HD) +6.16 at 326.64, Boeing (BA) +4.91 at 184.45, Microsoft (MSFT) +4.85 at 250.27. Laggers: Amgen (AMGN) -3.77 at 274.88, MMM -0.68 at 125.08, Merck (MRK) -0.03 at 108.75.

To read the full story

Close

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.