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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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Free AccessLate Equities Roundup: Oil & Gas Shares Bid With Crude
- Stocks are continue to scale back from first half lows, trading mixed late in the session with the DJIA underperforming. Currently, DJIA is down 140.36 points (-0.36%) at 39335.05, S&P E-Minis down 6 points (-0.11%) at 5287, Nasdaq up 9.3 points (0.1%) at 16437.87.
- Leading Gainers: Energy and Utilities continued to outperform in late trade, oil ang gas shares leading as geopolitical tensions drove oil priced higher (WTI +1.35 at 81.98): APA +2.7%, ConocoPhillips +2.64%, Marathon oils +1.94%. Independent power suppliers buoyed Utilities: Constellation Energy +5.53%, Next Era Energy +0.97%, NRG Energy +0.76%.
- Laggers: Industrials and Communication Services sectors underperformed in the second half, transportation and professional services shares weighed on Industrials: United Airlines -3.88%, Dayforce Inc -3.78%, Norfolk Southern -2.38%. Iinteractive media and entertainment shares weighed on Communication Services: Take-Two Interactive Software -4.61% after rumors over delay of gaming software made the rounds, Interpublic Group -1.47%, Meta -0.98% and Google -0.87%.
To read the full story
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Please enter your details below.
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.