Late Equity Roundup: Late Reversal

Stocks softening up after the FI close, extending session lows but still off overnight levels, all in all a narrow range ahead Wed's CPI. SPX eminis currently trading -34.5 (-0.89%) at 3821.75; DJIA -175.29 (-0.56%) at 30998.31; Nasdaq -120.2 (-1.1%) at 11251.54.

• SPX leading/lagging sectors: Materials (+0.08%), Consumer Staples (+0.01%) followed by Industrials (-0.08%) and Financials (-0.17%). Laggers: Energy sector continued to underperform (-2.53%) with the drop in crude prices on the day (WTI -8.50 at 95.59) with Hess, Occidental Petro, Valero, Diamondback shares broadly weaker. Information Tech (-1.32%) followed by Health Care (-1.32%)
• Dow Industrials Leaders/Laggers: Boeing (BA) +11.82 at 148.81, Apple (AAPL) +2.16 at 147.03, Goldman Sachs (GS) +1.94 at 295.12. Laggers: Microsoft (MSFT) -9.28 at 255.23, Salesforce.com (CRM) -6.82 at 167.54, followed by Chevron (CVX) -2.50 at 139.01
• Reminder: Earnings season kicks off this week, with financials and banks the early focus. Just over 5% of the S&P 500 by market cap are due to report, with the releases in focus including JP Morgan, Morgan Stanley, BNY Mellon, BlackRock, Citigroup, State Street, UnitedHealth and Wells Fargo.