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US STOCKS: Early Equities Roundup: Off Early Lows, Comms, Autos & IT Leading

US STOCKS
USEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America
  • Stocks have drifted off early Monday lows, S&P Eminis and Nasdaq indexes outperforming the DJIA at midmorning. Currently, DJIA trades down 158.85 points (-0.35%) at 44751.37, S&P E-Minis up 3.75 points (0.06%) at 6055, Nasdaq up 167.4 points (0.9%) at 19385.32.
  • Communication Services and Consumer Discretionary sectors led gainers in the first half, Information Technology shares also rising ahead midday. Interactive media and entertainment stocks supported the Communication Services sector: Meta Platforms +2.21%, Alphabet +1.60% while Netflix trades +1.04%.
  • Tesla gained 3.20% in early trade, partially on the back of dealer upgrades as well as expectations of continued support from the Trump administration. Meanwhile, the tech sector saw broad gains in a variety of hardware, chip and software stocks: Super Micro Computer continued to trade in double digit ranges, up 20.47% after a special committee found no evidence of accounting misconduct, while the current CFO will be stepping down. Elsewhere, First Solar gained 4.81%, Lam Research +4.20%, Intel +3.72%.
  • On the flipside, Utilities and Energy sectors underperformed in the first half, electricity and independent power providers weighing on the later: PG&E -5.64% after announcing a $1.2B public offering, Exelon -2.74%, Edison Int -2.60%. Despite a modest rebound in crude prices (WTI +0.30/bbl at 68.30), oil and gas stocks traded weaker: Targa Resources -4.77%, Texas Pacific -4.31%, Williams -3.30%.
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  • Stocks have drifted off early Monday lows, S&P Eminis and Nasdaq indexes outperforming the DJIA at midmorning. Currently, DJIA trades down 158.85 points (-0.35%) at 44751.37, S&P E-Minis up 3.75 points (0.06%) at 6055, Nasdaq up 167.4 points (0.9%) at 19385.32.
  • Communication Services and Consumer Discretionary sectors led gainers in the first half, Information Technology shares also rising ahead midday. Interactive media and entertainment stocks supported the Communication Services sector: Meta Platforms +2.21%, Alphabet +1.60% while Netflix trades +1.04%.
  • Tesla gained 3.20% in early trade, partially on the back of dealer upgrades as well as expectations of continued support from the Trump administration. Meanwhile, the tech sector saw broad gains in a variety of hardware, chip and software stocks: Super Micro Computer continued to trade in double digit ranges, up 20.47% after a special committee found no evidence of accounting misconduct, while the current CFO will be stepping down. Elsewhere, First Solar gained 4.81%, Lam Research +4.20%, Intel +3.72%.
  • On the flipside, Utilities and Energy sectors underperformed in the first half, electricity and independent power providers weighing on the later: PG&E -5.64% after announcing a $1.2B public offering, Exelon -2.74%, Edison Int -2.60%. Despite a modest rebound in crude prices (WTI +0.30/bbl at 68.30), oil and gas stocks traded weaker: Targa Resources -4.77%, Texas Pacific -4.31%, Williams -3.30%.