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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
Late Equities Roundup
- 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%.
To read the full story
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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.