Stock indexes holding near late session highs, bounce in Information Technology shares continue to outperform. SPX eminis currently trading +33.25 (0.81%) at 4133; DJIA +258.22 (0.76%) at 34126.81; Nasdaq +135.7 (1.2%) at 11854.16.
- SPX leading/lagging sectors: Information Technology sector extends gains (+1.70%) w/ software/services narrowly outpace hardware and chip makers (MSFT +3.39%, DCX +3.18%, CRM +2.38%). Consumer Discretionary (+1.3%) gained in the second half, followed by Consumer Services (+1.17%). The former lead by textiles, apparel and luxury goods (RL +4.2%, NKE +2.61%), the latter supported by media and entertainment (WBD +5.7%, META +3.57%, NFLX +3.31%).
- Laggers: Energy (-0.54%), Health Care (+0.35%) and Utilities (+0.44%). Energy sector weighed by O&G refiners/marketers (EQT -2.7%, COP -1.96%, APA -1.56%).
- Dow Industrials Leaders/Laggers: Microsoft (MSFT) +8.45 at 271.56, Home Depot (KHD) +6.09 at 322.63, Salesforce (CRM) +3.51 at 170.54. Laggers: United Health (UNH) -0.68 at 493.57, Chevron (CVX) -0.40 at 171.57, Caterpillar (CAT) -0.26 at 247.41.