MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Higher At 7.1046 Fri; -5.03% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1046 FRI VS 7.1020

MNI BRIEF: Beijing Opposes U.S. Measures Against Chinese Steel

INE Business Confidence Data Supports Upward Revisions In Q1 GDP Forecasts

MNI: GERMANY FEB PRODUCER PRICES -2.9% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

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

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Late Equity Roundup: Consumer Discretionary, Industrials Outperform

US STOCKS

Stocks firmer by the bell, back near opening levels, Consumer Discretionary and Industrials sectors still outperforming. SPX eminis currently trading +13 (0.33%) at 3989; DJIA +78.17 (0.24%) at 32896.3; Nasdaq +73.1 (0.6%) at 11468.76.

  • SPX leading/lagging sectors: Consumer Discretionary (+1.20%) buoyed by automakers and component mfgs (TSLA +5.65%, F +2.02%, GM +0.43%; APTV +1.57%, BWA +0.86%). Industrials (+1.29) lead by road and rail shares (UNP +9.41, ODFL +1.1%).
  • Laggers: Utilities (-0.55%), Real Estate (-0.17%) and Consumer Staples (-0.14%) underperformed in the second half, independent power and renewable energy shares weighing on the former (AES Corp -2.3%).
  • Dow Industrials Leaders/Laggers: Caterpillar (CAT) +3.93 at 240.10, Boeing (BA) +2.52 to 200.67 after heavy sell-off last Fri, Goldman Sachs (GS) +2.43 at 366.28. Laggers: Walmart (WMT) -1.08 at 141.39, DOW -0.95 at 56.84, American Express (AXP) -0.61at 173.64.
  • Earnings cycle starts to wind down next week, Occidental Petroleum after Mon's close (OXY 1.79 est), Advanced Auto Parts (AAP $2.42) and AutoZone (AZO $21.74) early Tuesday.
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