MNI BRIEF: China Steel Demand Low In Q1

MNI BRIEF: China Sovereign Fund Continues To Purchase ETFs

MNI BRIEF: Foreign Firms Needed For New Productive Force Drive

MNI INTERVIEW: Central Bank Credibility To Be Tested In 2024

MNI BRIEF: China Should Address Overcapacity

MNI: PBOC Injects Net CNY248 Bln Via OMO Thur; Rates Unchanged

MNI: ITALY MAR CONSUMER CONFIDENCE 96.5

MNI: ITALY MAR BUSINESS CONFIDENCE 97

MNI: GERMANY MAR UE RATE (SA) 5.9% (FCST 5.9%); FEB 5.9%

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Late Equity Roundup, Trimming Gains, Energy Sector Holds Lead

US STOCKS

Stocks see-sawing around steady after the FI close, have been gradually unwinding early gains since the London session close. No particular headline driver for reversal after carry-over bid for stocks following Wed's flat July CPI. SPX eminis currently trades -0.75 (-0.02%) at 4209.25; DJIA +19.59 (0.06%) at 33328.18; Nasdaq -72.2 (-0.6%) at 12782.35.

  • SPX leading/lagging sectors: Energy sector continues to outperform (+3.03%) with Devon Energy DVN) +7.29%, Marathon Oil (MRO) +6.45%, Schlumberger (SLB) +5.90%. Financials follow up (0.82%) with banks and insurance names leading; Materials (+0.41%). Laggers: Consumer Discretionary (-0.86%) with auto makers weaker vs. component makers; Health Care -0.75%, Real Estate -0.70%, Information Technology-0.43%.
  • Dow Industrials Leaders/Laggers: Disney (DIS) +5.59 at 118.02 after profits surge 50%, Goldman Sachs (GS) +4.33 at 352.24, Travelers (TRV) +4.23 at 169.24. Laggers: United Health (UNH) -5.66 at 532.06, Amgen (AMGN) -2.98 at 249.11,Johnson and Johnson (JNJ) -2.95 at 167.72.
HomepageEquitiesAT&T Market NewsBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.