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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.
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Free AccessLate Equity Roundup: Bouncing
- Dow (-0.53% at 33107.42) and Nasdaq (-1% at 13123.67) futures also paring losses. SPX emini futures remain comfortably between first technical support of 4094.25 Low Feb 24 and a bear trigger, and first resistance: 4335.19 20-day EMA.
- SPX leading/lagging sectors: despite the reversal in oil, Energy sector continues to lead gainers +2.65%, Consumer Discretionary sector +1.14% from steady earier; Information Technology sector still lagging but off lows -1.81% with semiconductor stocks broadly lower; Financials sector recedes -1.1%, Bank of NY Mellon (BK) -4.56% after CEO steps down.
- Dow laggers: Goldman Sachs takes lead -5.54 at 328.05; Apple -4.64 at 158.37 underperforming Microsoft -2.66 at 285.84.
To read the full story
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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.