MNI BRIEF: Treasury's Yellen: Inflation Moving To Fed's Target

MNI BRIEF: China State Planner To Increase Trade-in Support

MNI China Daily Summary: Thursday, July 25

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

LFS Employment Growth Exceeds RNS Estimates In Q2

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Late Equities Roundup: Aerospace, Energy Sectors Buoy Broader Mkt

US STOCKS
Credit BulletsHomepageCreditEquitiesAT&T Market NewsBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Stocks rebounded from Wednesday's sharp sell-off, firmer but off early session highs late in the session. Currently, the DJIA is up 329.87 points (0.83%) at 40183.72, S&P E-Minis up 15 points (0.27%) at 5487.25, Nasdaq up 40.7 points (0.2%) at 17381.96.
  • Industrial and Energy sectors outperformed in late trade, aerospace and construction related companies buoyed the former: RTX Corp +9.98%, Masco +7.88%, Northrop Grumman and Dover Corp both +6.38%. Oil & Gas and servicer related companies supported the Energy sector: Valero +5.29%, Halliburton +3.88% while APA Corp gained 3.38%.
  • On the flipside, Communication Services and Utility sectors underperformed in late trade, interactive media and entertainment continued to weigh on the former: Warner Brothers -5.37%, Alphabet, formerly Google trades -2.24%, Meta -0.81%. Meanwhile, independent energy providers weighed on the Utility sector: Vistra -3.22%, Constellation Energy -2.76%, Public Service Enterprise -2.34%.
  • Reminder, Thursday afternoon earnings announcements expected from: Baker Hughes, Weyerhaeuser, Mohawk Industries, Dexcom, Digital Realty Trust, L3Harris, Skechers, Arthur J Gallagher, Norfolk Southern, LPL Financial Holdings, Texas Roadhouse, Fortune Brands Innovations and Juniper Networks.
  • Early Friday earnings announcement are expected by: Centene Corp, Aon PLC, Avantor, Charter Communications, 3M Co, T Rowe Price, Colgate-Palmolive, Bristol-Myers Squibb, Newell Brands and Franklin Resources.
196 words

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.
  • Stocks rebounded from Wednesday's sharp sell-off, firmer but off early session highs late in the session. Currently, the DJIA is up 329.87 points (0.83%) at 40183.72, S&P E-Minis up 15 points (0.27%) at 5487.25, Nasdaq up 40.7 points (0.2%) at 17381.96.
  • Industrial and Energy sectors outperformed in late trade, aerospace and construction related companies buoyed the former: RTX Corp +9.98%, Masco +7.88%, Northrop Grumman and Dover Corp both +6.38%. Oil & Gas and servicer related companies supported the Energy sector: Valero +5.29%, Halliburton +3.88% while APA Corp gained 3.38%.
  • On the flipside, Communication Services and Utility sectors underperformed in late trade, interactive media and entertainment continued to weigh on the former: Warner Brothers -5.37%, Alphabet, formerly Google trades -2.24%, Meta -0.81%. Meanwhile, independent energy providers weighed on the Utility sector: Vistra -3.22%, Constellation Energy -2.76%, Public Service Enterprise -2.34%.
  • Reminder, Thursday afternoon earnings announcements expected from: Baker Hughes, Weyerhaeuser, Mohawk Industries, Dexcom, Digital Realty Trust, L3Harris, Skechers, Arthur J Gallagher, Norfolk Southern, LPL Financial Holdings, Texas Roadhouse, Fortune Brands Innovations and Juniper Networks.
  • Early Friday earnings announcement are expected by: Centene Corp, Aon PLC, Avantor, Charter Communications, 3M Co, T Rowe Price, Colgate-Palmolive, Bristol-Myers Squibb, Newell Brands and Franklin Resources.