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Paring Gains in Late Trade

US STOCKS
  • Stocks have trimmed second half gains, trading mildly weaker at the moment, still holding to a narrow session range. Currently, DJIA down 20.79 points (-0.06%) at 34076.09; - S&P E-Mini Future up 0.75 points (0.02%) at 4189 and Nasdaq down 15.3 points (-0.1%) at 12211.14.
  • SPX futures drifted above key resistance of 4198.25 High Apr 18 earlier to 4204.00 high before retreating. A clear break of this level would confirm a resumption of the uptrend that started Mar 13 and open 4244.00, the Feb 2 high.
  • On the downside, key short-term support has been defined at 4068.75, the Apr 26 low. A break would be bearish.
  • Meanwhile, quarterly earnings cycle resumes after the close, salient stocks include: Stryker Corp, Community Health Systems, Invitation Homes Inc, Vornado Realty Trust, Transocean Ltd, ZoomInfo Technologies Inc, Arista Networks Inc, Avis Budget , Group Inc, SBA Communications Corp, MGM Resorts International, Credit Acceptance Corp and Diamondback Energy Inc.

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