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Late Equity Roundup: Crude Rally Buoys Energy Shares

US STOCKS

Major indexes remain mixed after the FI close, DJIA continues to outperform weaker Nasdaq levels. SPX eminis currently trades +5.5 (0.13%) at 4096.25; DJIA +151.45 (0.45%) at 33847.63; Nasdaq -81.4 (-0.7%) at 11704.88.

  • SPX leading/lagging sectors: Energy sector (+3.76%) lead by O&G shares (VLO +5.51%, MRO +5.28%, APA +5.16%) after crude rallied in early trade (WTI currently +1.75 at 79.81). Utilitis (+1.75%) and Health Care (+0.98%) sectors follow, the latter lead by services and providers (DXCM +10.63%).
  • Laggers: Consumer Discretionary (-1.40%) weighed by automakers (F -6.75%, Tesla -5.45%), Information Technology (-0.88%) and Communication Services (-0.83%) follow, chip makers weighing on IT.
  • Dow Industrials Leaders/Laggers: United Health (UNH) +8.05 at 493.78, Chevron (CVX) +3.78 at 172.22, Amgen (AMGN) +3.39 at 243.39. Laggers: Paring or reversing gains from the prior session, Salesforce (CRM) -7.01 at 166.65, Disney (DIS) -2.38 at 107.98, Visa (V) -2.15 at 227.20, Microsoft (MSFT) -2.10 at 261.52.

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