Free Trial

Late Equity Roundup

US STOCKS

Stocks drifting near midday highs after the FI close. SPX eminis currently trading +24.75 (0.62%) at 3987.25; DJIA +31.01 (0.1%) at 31901.29; Nasdaq +122.0 (1%) at 12017.52.

  • Highlight earnings expected after the close: Boston Beer (SAM) $4.423 est, Capitol One Financial (COF) $5.105 est, PPG Ind $1.752 est, Tenet Healthcare (THC) $0.827 est, Seagate (STX) $1.9132 est, SVB Financial (SIVB) $7.723.
  • SPX leading/lagging sectors: Consumer Discretionary outperformed for second day running (+2.12%) - autos leading w/ Tesla up 10.12% at 817.37 (+74.87) after reporting better than exp earnings late Wed ($2.27 vs. $1.855), Health Care rebounds after weaker showing Wednesday (+1.21%), Information Technology (+1.20%). Laggers: Energy (-2.59%), Communication Services (-0.43%) while Utilities and Consumer Staples sectors were +0.06%.
  • Dow Industrials Leaders/Laggers: Goldman Sachs (GS) +3.86 at 325.31, Apple (AAPL) +2.25 at 155.29, Salesforce.com (CRM) +2.21 at 184.61. Laggers: Chevron (CVX) -2.66 at 143.86, IBM -2.44 at 126.74, Travelers Cos (TRV) -2.83 at 155.37 and McDonalds (MCD) -1.87 at 252.71.

To read the full story

Close

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.