March 26, 2024 19:05 GMT
Late Equities Roundup: Interactive Media, Auto Shares Remain Firm
US STOCKS
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- Stocks remain firmer in late Tuesday trade, Communication Services and Consumer Discretionary sectors outperforming. Currently, DJIA is up 1.82 points (0.21%) at 39396.11, S&P E-Mini Future up 8 points (0.15%) at 5286.5. Nasdaq up 42.5 points (0.3%) at 16427.33.
- Leading Gainers: Media and entertainment shares buoyed the Communication Services sector in the first half: Fox +1.58%, Netflix +0.95%, Google +0.92%. Automakers lead gainers in the Consumer Discretionary sector: off first half highs, Tesla gained 3.91% (likely due to Italian officials approaching Musk for van and truck production), GM +1.7%, BorgWarner +1.05%.
- Laggers: Energy and Utilities pared prior session gains, oil and gas shares weighing on the former: APA -4.16%, Occidental Petroleum -1.21%, EOG Resources -1.02%. Gas and multi energy providers weighed on Utilities: Dominion Energy -3.3%, NRG and Eversource Energy both -2.25%, NextEra -1.92%.
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