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Late Equities Roundup

US STOCKS
  • Stocks holding to modestly lower territory in late trade, DJIA underperforming but well off lows in late trade. Currently, DJIA is down 93.95 points (-0.24%) at 38411.02, S&P E-Minis down 10.75 points (-0.21%) at 5095.25, Nasdaq down 30 points (-0.2%) at 15666.07.
  • Heavy earnings announcements on the day included the following ahead of the open: Owens Corning, Thermo Fisher, AT&T, Boston Scientific, Humana, Amphenol, Norfolk Southern and Old Dominion Freight. Announcements expected after the close: Whirlpool, Ford, IBM, United Rentals, Teradyne, Lam Research, Waste Management, Raymond James and Meta.
  • Laggers: Industrials and Communication Services continued to underperform in late trade, transportation shares weighed on the former: Old Dominion Freight -10.19% after meeting income targets, Norfolk Southern -3.71%, CSX -2.89%. Meanwhile, interactive media and telecommunications shares weighed on the former: Netflix -3.99%, Warner Bros -1.48%, Meta -1.23%.
  • Leading gainers: Consumer Staples and Utilities displaced earlier leaders Consumer Discretionary and Information Technology sectors in the second half. Beverage shares buoyed Consumer Staples: PepsiCo +3.91%, Monster Beverage +1.99%, Coca-Cola +1.40%. Independent power and water providers supported Utilities in late trade: NRG Enerrgy +1.97%, AES Corp +1.40%, American Water Works +1.23%.
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  • Stocks holding to modestly lower territory in late trade, DJIA underperforming but well off lows in late trade. Currently, DJIA is down 93.95 points (-0.24%) at 38411.02, S&P E-Minis down 10.75 points (-0.21%) at 5095.25, Nasdaq down 30 points (-0.2%) at 15666.07.
  • Heavy earnings announcements on the day included the following ahead of the open: Owens Corning, Thermo Fisher, AT&T, Boston Scientific, Humana, Amphenol, Norfolk Southern and Old Dominion Freight. Announcements expected after the close: Whirlpool, Ford, IBM, United Rentals, Teradyne, Lam Research, Waste Management, Raymond James and Meta.
  • Laggers: Industrials and Communication Services continued to underperform in late trade, transportation shares weighed on the former: Old Dominion Freight -10.19% after meeting income targets, Norfolk Southern -3.71%, CSX -2.89%. Meanwhile, interactive media and telecommunications shares weighed on the former: Netflix -3.99%, Warner Bros -1.48%, Meta -1.23%.
  • Leading gainers: Consumer Staples and Utilities displaced earlier leaders Consumer Discretionary and Information Technology sectors in the second half. Beverage shares buoyed Consumer Staples: PepsiCo +3.91%, Monster Beverage +1.99%, Coca-Cola +1.40%. Independent power and water providers supported Utilities in late trade: NRG Enerrgy +1.97%, AES Corp +1.40%, American Water Works +1.23%.