MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI: SWEDEN NOV UNEMPLOYMENT 7.4%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Late Equity Roundup: Reversing Gains, Ford Navigating UAW Strikes

US STOCKS
  • Support for stocks has evaporated over the last hour, not headline driven but acct squaring up ahead the weekend. Currently, the DJIA is down 20.04 points (-0.06%) at 34049.67, S&P E-Mini Futures up 4.5 points (0.1%) at 4376.75, Nasdaq up 42.5 points (0.3%) at 13266.62.
  • Leaders: Information Technology and Communication Services sectors continued to outperform in late trade. Semiconductor stocks continued to lift IT sector: ON Semiconductor +3.0%, Lam Research +2.3% and Micron +2.2%.
  • Communication Services sector shares were supported by a rebound in media and entertainment: Take Two Interactive +2.0%, Activision +1.75%, Meta +1.45%.
  • Laggers: Financials and Consumer Discretionary sectors underperformed Friday. Banks continued to lag insurance companies in the second half: Wells Fargo -2.25%, Fifth Third -1.7%, Regions Fncl -1.6%. On the flipside, Arch Capital Grp +1.35%, Assurant +1.22% while Arch Capital +1.15%.
  • Autos weighed on Consumer Discretionary sector as the UAW strike expanded: Tesla -2.35%, GM -0.5%. Ford, however, gained 2.6% as they are navigating union strike discussions better than their peers.
HomepageEquitiesAT&T Market NewsBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.