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Late Equity Roundup: Month Lows Into Month-End

US STOCKS

Stocks mostly weaker - just off last Friday's lows for February, indexes reversed modest session gains going into month end. SPX eminis currently trading -9 (-0.23%) at 3978.25; DJIA -240.17 (-0.73%) at 32645.14; Nasdaq +7.9 (0.1%) at 11473.69.

  • SPX leading/lagging sectors: Utilities (-1.60%), Energy (-1.42%) and Health Care (-0.78%) underperformed, the former weighed by electric and multi-utility shares (CEG -4.41%, EVRG -2.39%, ETR -2.10%); pharmaceuticals weighing on the latter (MRK -2.44%, LLY -2.01%, OGN -1.49%).
  • Leaders: Communication Services (+0.59%) supported by interactive media/entertainment (META +4.32%, LYV and Google both +0.75%); Materials (+0.42%) and Real Estate (+0.22%) the latter continued to be supported by industrial and specialized REITs.
  • Dow Industrials Leaders/Laggers: JPM +1.35at 143.51, Boeing (BA) +.93 at 201.39, American Express (AXP) +0.87 at 174.20. Laggers: Goldman Sachs (GS) -12.17 at 353.36, United Health (UNH) -9.02 at 474.30, Merck (MRK) -2.78 at 106.62.

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