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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: S&P Eminis, Nasdaq Make New All-Time Highs
- Stocks continued to march higher after breaching a narrow overnight range around midmorning, S&P Eminis and Nasdaq indexes making new all time highs (5494.00 and 17,904.26 respectively) while the DJIA gained, industrials remained off May 17 high of 40,003.59.
- Currently, the DJIA is up 200.47 points (0.52%) at 38787.46, S&P E-Minis up 53.25 points (0.97%) at 5555.75, Nasdaq up 220.5 points (1.2%) at 17909.51.
- Leading gainers: Information Technology shares moved to the fore in the second half, trailed by Consumer Discretionary stocks. Hardware/software makers supported the IT sector: Super Micro Computer +8.15%, Autodesk +7.29%, Broadcom +6.14% after the bell. Auto makers continued to support the Consumer Discretionary sector: Tesla +5.48%, GM +1.28%, Ford +1.26%.
- Laggers: Meanwhile, Utilities and Real Estate sectors continued to trade weaker in late trade, independent power providers weighed on the Utilities sector: Vistra -4.54%, AES Corp -2.02%, Dominion Energy -2.00%. Investment Trusts weighed on the latter, particularly Specialized and Industrial REITs: Crown Castle -2.25%, SBA Communications -1.72%, American Tower -1.44%.
To read the full story
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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.