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Late Equity Roundup: Autos Rebound, Tesla Leads

US STOCKS

Stocks trading near modest session highs after the FI close, apparently tracking moves in Crude, posting gains as WTI crude bounced from 102.5 to over 105.0 briefly in the first half and gaining momentum again late. SPX eminis currently trading +8.5 (0.22%) at 3913.25; DJIA +69.55 (0.22%) at 31453.82; Nasdaq +21.4 (0.2%) at 11642.66.

  • SPX leading/lagging sectors: Health Care +.71%, Energy firming (+0.54%) followed by Financials (+0.34%) and Consumer Discretionary (+0.28%), the latter lead by autos with Tesla (TSLA) outperforming +3.02%. Laggers: Materials (-0.44%), Communication Services (-0.11%) and Utilities (-0.10%) Information Technology (-0.78%). Twitter trades -4.5% over doubts of Musk buyout spurred by claims of true amount of spam/bot accounts and efforts to delete them.
  • Dow Industrials Leaders/Laggers: United Health (UNH) +7.97 at 522.35, Amgen (AMGN) +2.17 at 249.59, American Exp (AXP) +1.77 at 142.80. Laggers: Salesforce.com (CRM) -1.20 at 175.44, Goldman Sachs (-1.19) at 297.41, Disney (DIS) -0.98 at 96.45 and Microsoft (MSFT) -1.07 at 267.33.

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