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Late Equities Roundup: Paring Losses Ahead Jobs Data Risk

US STOCKS
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  • Stocks are paring losses in late trade, squaring up ahead of Friday's employment data risk event. Currently, the DJIA is up 81.71 points (0.21%) at 38890.91, S&P E-Minis down 2.75 points (-0.05%) at 5363, Nasdaq down 19.2 points (-0.1%) at 17168.81.
  • Consumer Discretionary and Energy sectors led gainers in late trade, auto makers and broadline retailers supporting the former: Etsy +1.76%, Amazon +1.14%, Tesla +1.65% and parts maker Aptiv +0.55%. Energy sector shares gained as crude prices bounced off lows (WTO +1.5 at 75.57): Haliburton +1.0%, Schlumberger and Valero +0.90%, APA +0.84%.
  • On the flipside, Utility and Industrial sector shares underperformed: independent energy shares weighed on the former, Vistra -8.67%, NRG energy -4.68%, Constellation Energy 4.30%. Industrials weighed by engineering relates shares: Eaton Corp -4.13%, Hubbell Inc -3.94%, Johnson Controls -3.03%.
  • Notable earnings releases still to come this week: Vail Resorts and Docusign after today's close, Autodesk, Rubrik Inc, Casey's General Store, Oracle and GameStop tomorrow.
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  • Stocks are paring losses in late trade, squaring up ahead of Friday's employment data risk event. Currently, the DJIA is up 81.71 points (0.21%) at 38890.91, S&P E-Minis down 2.75 points (-0.05%) at 5363, Nasdaq down 19.2 points (-0.1%) at 17168.81.
  • Consumer Discretionary and Energy sectors led gainers in late trade, auto makers and broadline retailers supporting the former: Etsy +1.76%, Amazon +1.14%, Tesla +1.65% and parts maker Aptiv +0.55%. Energy sector shares gained as crude prices bounced off lows (WTO +1.5 at 75.57): Haliburton +1.0%, Schlumberger and Valero +0.90%, APA +0.84%.
  • On the flipside, Utility and Industrial sector shares underperformed: independent energy shares weighed on the former, Vistra -8.67%, NRG energy -4.68%, Constellation Energy 4.30%. Industrials weighed by engineering relates shares: Eaton Corp -4.13%, Hubbell Inc -3.94%, Johnson Controls -3.03%.
  • Notable earnings releases still to come this week: Vail Resorts and Docusign after today's close, Autodesk, Rubrik Inc, Casey's General Store, Oracle and GameStop tomorrow.