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Equity Roundup, Information Technology Sector Buoys Broader Mkt

US STOCKS

Stock indexes trading firmer, near recent highs, bounce in Information Technology shares supporting SPX eminis, currently trading +36.25 (0.88%) at 4135.75; DJIA +279.34 (0.82%) at 34146.96; Nasdaq +132.5 (1.1%) at 11851.34.

  • SPX leading/lagging sectors: Information Technology sector (+1.14%) w/ software/services outpacing hardware and chip makers this morning (MSFT +3.45%, SEDG +2.14%, DCX +2.01%, QRVO +1.76%). Financials and Consumer Staples next up, both appr +0.95% w/ diversified financial shares outperforming banks (LNC +2.13%, TROW +1.96%, SPGI +1.88% vs. BAC +0.34%, ICE +0.15% ,MTB +0.40%).
  • Laggers: Energy (-0.92%), Communication Services (+0.50%) followed by Utilities (+0.55%). Energy sector weighed by O&G refiners/marketers (EQT -2.97%, XOM -1.77%, VLO -1.71%).
  • Dow Industrials Leaders/Laggers: Microsoft (MSFT) +8.0 at 271.10, Goldman Sachs (GS) +2.55 at 373.83, Honeywell +2.22 at 202.69. Laggers: Caterpillar (CAT) -1.62 at 246.05, Disney (DIS) -1.08 at 106.98, Chevron (CVX) -0.90 at 171.07.

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