MNI BRIEF: German Economy "Treading Water", Prices Stable -Ifo

MNI BRIEF: China To Release Childcare Subsidies, Boost Income

MNI: ITALY FEB HICP 0.1% M/M, 1.7% Y/Y

MNI BRIEF: PBOC Mulls New Tools Targeting Consumption

MNI BRIEF: China House Prices Up In February

MNI BRIEF: China Data Shows Good Foundation Despite Issues

EZ/UK Bond Supply Calendar: UK, Finland Due Tuesday

EZ/UK T-Bill Calendar: 6-Month ESM-Bill Auction on Tuesday

MNI: US JAN BUSINESS INVENTORIES +0.3%; SALES -0.8%

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US STOCKS: Late Equities Roundup: Energy & Tech Stocks Underperforming

US STOCKS
USEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America
  • Stocks remain weaker in late Monday trade, near second half lows amid some position squaring. Stocks consolidated after this morning's data, higher than expected ISM Prices Paid while ISM Mfg, Orders and Employment figures were lower than expected as Treasuries reversed early losses to new session highs.
  • Currently, the DJIA trades down 304.55 points (-0.69%) at 43540.85, S&P E-Minis down 39.5 points (-0.66%) at 5925, Nasdaq down 202.6 points (-1.1%) at 18648.99.
  • Energy and Information Technology sectors continued to underperform in late trade, the Energy sector weighed by falling crude prices (WTI -1.46 at 68.30 - following OPEC+ headlines announcing production hikes): laggers included APA -6.43%, ConocoPhillips-5.24%, Devon Energy -4.36% and Diamondback Energy -4.09%.
  • Semiconductor makers continue to weigh on the Tech sector: Nvidia -6.97% (reportedly as "Singapore is investigating whether Dell Technologies Inc. and Super Micro Computer Inc. servers shipped to Malaysia housed Nvidia Corp. chips barred from China" Bloomberg reprted). Meanwhile, Enphase Energy -5.77%, First Solar -4.91% andf Broadcom -4.32%.
  • On the positive side, Real Estate and Health Care sectors continued to outperform in late trade, investment trusts buoyed the former with Weyerhaeuser +4.68%, Welltower +2.14% and American Tower +2.02%. Viatris +3.30%, Stryker +2.42% and Medtronic +2.40%led gainers in the Health Care sector.
  • Expected earnings announcements for Tuesday include Target Corp and AutoZone Inc before the open while Crowdstrike Holdings and Ross Stores report after the close.
225 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 remain weaker in late Monday trade, near second half lows amid some position squaring. Stocks consolidated after this morning's data, higher than expected ISM Prices Paid while ISM Mfg, Orders and Employment figures were lower than expected as Treasuries reversed early losses to new session highs.
  • Currently, the DJIA trades down 304.55 points (-0.69%) at 43540.85, S&P E-Minis down 39.5 points (-0.66%) at 5925, Nasdaq down 202.6 points (-1.1%) at 18648.99.
  • Energy and Information Technology sectors continued to underperform in late trade, the Energy sector weighed by falling crude prices (WTI -1.46 at 68.30 - following OPEC+ headlines announcing production hikes): laggers included APA -6.43%, ConocoPhillips-5.24%, Devon Energy -4.36% and Diamondback Energy -4.09%.
  • Semiconductor makers continue to weigh on the Tech sector: Nvidia -6.97% (reportedly as "Singapore is investigating whether Dell Technologies Inc. and Super Micro Computer Inc. servers shipped to Malaysia housed Nvidia Corp. chips barred from China" Bloomberg reprted). Meanwhile, Enphase Energy -5.77%, First Solar -4.91% andf Broadcom -4.32%.
  • On the positive side, Real Estate and Health Care sectors continued to outperform in late trade, investment trusts buoyed the former with Weyerhaeuser +4.68%, Welltower +2.14% and American Tower +2.02%. Viatris +3.30%, Stryker +2.42% and Medtronic +2.40%led gainers in the Health Care sector.
  • Expected earnings announcements for Tuesday include Target Corp and AutoZone Inc before the open while Crowdstrike Holdings and Ross Stores report after the close.