Late Equity Roundup: Extending Lows, Well Above 20D EMA Support

Stock indexes extending lows heading into the FI close -- modest unwind of Tue's rally in SPX, eminis still up for the week at 4591.0 (-34.5).
As has been the case for weeks, geopol headline risk tied to Russia war in Ukraine, nascent peace talks and troop (re)deployment an ongoing source of volatility for market.

• Rates inside range, near highs on mixed drivers including month end buying, technical support, trading desks posited earlier. No react from Tass headline:
• "South Ossetia to hold referendum on whether the Georgian breakaway region should become part of Russia"
• SPX eminis still trading well above key support: 4428.55, the 20-day EMA.
• On the flipside: Resistance at 4578.50, Feb 9 high has been cleared. The break opens 4663.50, Jan 18 high.
• Dow trades -135.67 (-0.38%) at 35160.3, and Nasdaq -149.1 (-1%) at 14470.93.
• SPX leading/lagging sectors: Energy sector gaining +0.91%, outpacing Utilities (+0.44%). Laggers: Consumer Discretionary (-1.48%) lead by weaker retail (-1.92%) and consumer durables (-1.37%) shares.
• Dow Industrials Leaders/Laggers: United Health (UNH) extends gains of +7.69 to 518.42, Walmart +2.32 at 149.55. Home Depot extends losses -10.41 to 307.30.