MNI: Fed: Policy Well Positioned To Respond To Risks

CANADA JUNE JOBS -1.4K VS FORECAST +20K, PRIOR +26.7K

MNI China Daily Summary: Friday, July 5

MNI BRIEF: PBOC Plans To Borrow Hundred Bln Yuan CGB - Press

MNI: PBOC Net Drains CNY48 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1289 Fri; -0.35% Y/Y

EZ/UK T-Bill Calendar: Germany, France to Issue Bills Monday

EZ/UK Bond Supply Calendar: EU/UK Syndications Due Next Week

CANADA JUN IVEY PURCHASING MANAGERS INDEX 62.5 SA

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

Late Equities Roundup: Holding Modest Gains

US STOCKS
Credit BulletsHomepageCreditEquitiesAT&T Market NewsBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Stocks hold modestly higher territory late Monday, off midday highs amid light position squaring. Stock held to a narrow range as markets await Wednesday's CPI and FOMC minutes. Currently, DJIA is up 32.49 points (0.08%) at 38936.26, S&P E-Minis up 5.75 points (0.11%) at 5258.75, Nasdaq up 23.3 points (0.1%) at 16271.68.
  • Leading Gainers: Consumer Discretionary and Real Estate sectors continued to outperform late in the session. A combination of autos, cruise-lines and personal product distributors supported the Consumer Discretionary sector: Tesla +5.38% amid talk of autonomous EV taxi venture, Bath & Body Works +3.12%, Carnival +3.01% and Norwegian Cruise Line +2.81%
  • Meanwhile, Real estate investment trusts, particularly residential and office REITs buoyed the latter: Camden Property +5.46%, Mid-America Apartment +4.11%, Boston Properties +3.34%.
  • Laggers: Health Care and Information Technology sectors underperformed, biotech extending lows late: Merck -1.31%, Eli Lilly -0.95%, Vertex Pharmaceuticals -0.75%. Meanwhile, hardware makers weighed on IT: Super Micro -1.37%. Seagate -0.90%, Apple -0.52%.
  • Reminder, the next quarterly earnings starts in earnest late this week with JP Morgan, BlackRock, Wells Fargo, State Street and Citigroup reporting Friday, April 12.
178 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 hold modestly higher territory late Monday, off midday highs amid light position squaring. Stock held to a narrow range as markets await Wednesday's CPI and FOMC minutes. Currently, DJIA is up 32.49 points (0.08%) at 38936.26, S&P E-Minis up 5.75 points (0.11%) at 5258.75, Nasdaq up 23.3 points (0.1%) at 16271.68.
  • Leading Gainers: Consumer Discretionary and Real Estate sectors continued to outperform late in the session. A combination of autos, cruise-lines and personal product distributors supported the Consumer Discretionary sector: Tesla +5.38% amid talk of autonomous EV taxi venture, Bath & Body Works +3.12%, Carnival +3.01% and Norwegian Cruise Line +2.81%
  • Meanwhile, Real estate investment trusts, particularly residential and office REITs buoyed the latter: Camden Property +5.46%, Mid-America Apartment +4.11%, Boston Properties +3.34%.
  • Laggers: Health Care and Information Technology sectors underperformed, biotech extending lows late: Merck -1.31%, Eli Lilly -0.95%, Vertex Pharmaceuticals -0.75%. Meanwhile, hardware makers weighed on IT: Super Micro -1.37%. Seagate -0.90%, Apple -0.52%.
  • Reminder, the next quarterly earnings starts in earnest late this week with JP Morgan, BlackRock, Wells Fargo, State Street and Citigroup reporting Friday, April 12.