MNI China Daily Summary: Monday, April 29

MNI BRIEF: China Pushes Back Against Japan's Semiconductor Threat

MNI: China CFETS Yuan Index Down 0.33% In Week of Apr 26

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1066 Mon; -4.49% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

Sequential SA Services CPI Estimated To Have Slowed Markedly

April Inflation: Services Decelerate, Core Goods Likely Soft

MNI: GERMANY APR CPI +2.2% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Equity Roundup: Industrials Lead Gainers

US STOCKS

Major indexes trade mildly mixed after midday, Dow components outperforming SPX and Nasdaq. SPX eminis currently trades -1.75 (-0.04%) at 4033.75; DJIA +79.11 (0.24%) at 33703.14; Nasdaq -13.7 (-0.1%) at 11347.84.

  • SPX leading/lagging sectors: Industrials (+0.60%) narrowly lead gainers with machinery, construction and engineering shares stronger (PCAR +6.27%, CMI +2.57%, WAB +2.22%). Financials and Real Estate sectors tied at +0.30% w/ insurance names outperforming banks (TRV +2.87%, CB +1.45%, GL +1.20%).
  • Laggers: Health Care (-0.90%) weighed by pharmaceuticals and bio-tech stocks (PKI -4.09%, TMO -3.99%, DHR -3.03%). Energy (-0.52%) and Communication Services (-0.44%) followed, the latter scaling back after posting decent gains last couple sessions - interactive media services weaker (Google and Match -1.46%).
  • Dow Industrials Leaders/Laggers: Travelers (TRV) +5.89 at 192.25, Caterpillar (CAT) +4.90 at 257.63, Honeywell (HON) +2.55 at 207.01. Laggers: MMM -6.53 at 116.09 after missing earnings expectations this morning ($2.28 EPS vs. 2.36 est), AMGN -2.12 at 258.85, Merck (MRK) -1.86 at 108.02.
HomepageEquitiesAT&T Market NewsBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.