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Late Equity Roundup: Keystone Delay Underpins O&G Servicer Shares

US STOCKS

Stocks extending highs in late trade, Energy sector outperforming after crude prices bounced earlier (WTI tapped 73.94 high), likely tied to report of Keystone pipeline delay. SPX eminis currently trade +26.75 (0.67%) at 3995.5; DJIA +316.36 (0.95%) at 33796.59; Nasdaq +48.5 (0.4%) at 11054.72.

  • SPX leading/lagging sectors: Energy (+2.23%) lead by equipment and services outperforming O&G (SLB +4.05%, BKR +3.36%, HAL +3.44%). Utilities (1.47%) and Information Technology (+1.52%) up next, software and services names driving the latter (CDAY +4.62%). Laggers: Consumer Discretionary (-0.09%), Communication Services (+0.16%, autos weighing on the former with Tesla -5.66%.
  • Dow Industrials Leaders/Laggers: Microsoft (MSFT) +5.12 at 250.54, Home Depot (HD) +5.12 at 325.6, Boeing (BA) +4.76 at 184.30. Laggers: Amgen (AMGN) -3.99 at 274.66, MMM -0.14 at 125.62, Merck (MRK) -0.10 at 108.68.

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