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Equity Roundup: Gains Trimmed, Utilities/Industrials Lagging

US STOCKS

Major indexes have trimmed first half gains, mildly weaker at the moment, Utilities and Industrials weighing on SPX eminis: currently trading -17.25 (-0.47%) at 3690; DJIA -9.73 (-0.03%) at 30412.73; Nasdaq -19.1 (-0.2%) at 10661.71.

  • SPX leading/lagging sectors: Laggers: Utilities -2.09% w/ electric and independent power names underperforming gas and water, Industrials (-1.52%) has transportation underperforming - road and rail lagging airlines. Leaders: Communication Services (+0.66%) lead by telecom names: ATT (T) +7.43% after this morning's Q3 earning beat: $0.68 vs $0.603 est.
  • Dow Industrials Leaders/Laggers: IBM strong +5.14 at 127.65 after narrow earnings beat late Wed($1.81 vs. $1.80 est), United Health (UNH) +5.05 at 525.37, Salesforce.Com (CRM) +5.01 at 158.68. Laggers: Home Depot (HD) -4.96 at 270.53, travelers (TRV) -2.90 at 171.72, Caterpillar (CAT) -=2.48 at 181.93

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