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Late Equity Roundup: Off Lows, Real Estate, Health Care, IT Lead

US STOCKS
  • Stocks have recovered from late morning selling, to steady/mildly positive territory as shorts square up ahead Friday's September employment data. Currently, S&P E-Mini futures are down 1.25 points (-0.03%) at 4297, DJIA up 27.2 points (0.08%) at 33157.85, Nasdaq up 6 points (0%) at 13242.63.
  • Leaders: Real Estate, Health Care and Information Terchnology sector shares outperformed, management and development shares buoyed the former: CoStar Group +3.1%, CBRE Group +1.33%. Pharmaceutical and biotech shares underpinned Health Care sector shares: Eli Lilly +1.7%, Regeneron +1.55%, Bio-Techne Corp +1.2%. Meanwhile, hardware and equipment makers buoyed IT: Western Digital +1.95%, Seagate +1.1%, Arista Networks +1.06%.
  • Laggers: Consumer Staples, Materials and Energy sectors underperformed, the former weighed by food and beverage shares: Molson Coors -6.28%, Pepsico -4.67%, Coca-Cola -4.02%. Chemical names weighed on Materials sector: LyondellBasell Industries -2.63%, Linde Ind -2.25%, Albemarle -2.2%. Meanwhile, oil and gas shares weighed on the Energy sector as crude prices tumbled for another day (WTI -1.85 at 82.32): Exxon Mobil -2.06%, Phillips 66 -1.25, Devon Energy -1%.

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