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Late Equity Roundup: Late Risk Off on Geopol Uncertainty

US STOCKS

Stocks firmer in late trade, well off highs following unconfirmed reports of "stray" missile strike in Poland near Ukraine border. Tsys bounced as risk-off action ensued amid sporadic headlines and calls for security council meetings in Poland and Hungary. Pentagon officials are aware of the reports but can't corroborate.

  • Stocks off lows ahead the FI close: SPX eminis currently trading +24.5 (0.62%) at 3991.25; DJIA +4.22 (0.01%) at 33541.56; Nasdaq +140.9 (1.3%) at 11337.43.
  • SPX leading/lagging sectors: Communication Services sector outperforms but off highs (+1.31%) media & entertainment leads (Paramount +6.44%, Google +2.27%, NFLX +3.20%); Information Technology (+2.39%) follows, semiconductors leading. Laggers: Materials (-0.43%), Health Care (-0.32%), Financials (+0.17%).
  • Dow Industrials Leaders/Laggers: Walmart (WMT) +10.35 at 148.74 after strong earnings ($1.50 vs. $1.32 est) forward guidance; Home Depot (HD) +5.10 at 312.02, Visa (V) +2.58 at 209.44. Laggers: United Health (UNH) -11.57 at 502.18, McDonalds (MCD) -4.67 at 267.60, Amgen (AMGN) -3.49 at 281.81.

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