US NOV FLASH MANUF PMI 48.8 (FCST: 48.9); OCT 48.5

MNI:Largest Canada New Home Price Dip Since `09 Led By Toronto

CANADIAN OCT FLASH RETAIL SALES +0.7%, 4TH STRAIGHT INCREASE

MNI China Daily Summary: Friday, November 22

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

MNI BRIEF: Fed Should Explore Central Clearing At SRF-Hammack

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, EU Due Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL NOV INDEX 71.8

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

US STOCKS: Late Equities Roundup: S&Ps. DJIA Drift Near Record Highs

US STOCKS
USEquitiesNorth AmericaBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • Stocks are holding near this morning's record highs late Friday, the Dow currently trading up 379.46 points (0.89%) at 42833.62, S&P E-Minis up 33 points (0.57%) at 5862.25, Nasdaq up 73.7 points (0.4%) at 18356.25.
  • S&P Eminis and the DJIA indexes marked new all-time-highs of 5,865.25 and 42,832.21 respectively in the first half, while the Nasdaq still remains off mid-July all-time highs (18,671.07). Mixed PPI results notwithstanding, month-over-month metrics eased while year-over-year gained, focus turned to corporate earnings with banks leading gainers in the first half.
  • Beating estimates ahead of the open, Wells Fargo trades 6.13% higher in late trade, JP Morgan +5.16%, Blackrock +3.39%. Gains helped Bank of America +5.04% ahead of their release next Tuesday, Citigroup +3.64%, Goldman Sachs +2.37%.
  • Industrials were next up, supported by transportation stocks with Uber climbing 10.77% after Tesla's "Robotaxi" presentation failed to wow investors. Elsewhere, Old Dominion gained 2.42% while JB Hunt climbed 2.8%.
  • Laggers meanwhile, were led by Consumer Discretionary and Information Technology sectors as they scaled back gains from the week. Tesla weighed on autos -8.33% on the aforementioned Robotaxi reveal while Nike slipped 0.21%. Meanwhile, Broadcom -2.53%, Palantir -1.68% Adobe -1.38% weighed on the IT sector.
193 words

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.
  • Stocks are holding near this morning's record highs late Friday, the Dow currently trading up 379.46 points (0.89%) at 42833.62, S&P E-Minis up 33 points (0.57%) at 5862.25, Nasdaq up 73.7 points (0.4%) at 18356.25.
  • S&P Eminis and the DJIA indexes marked new all-time-highs of 5,865.25 and 42,832.21 respectively in the first half, while the Nasdaq still remains off mid-July all-time highs (18,671.07). Mixed PPI results notwithstanding, month-over-month metrics eased while year-over-year gained, focus turned to corporate earnings with banks leading gainers in the first half.
  • Beating estimates ahead of the open, Wells Fargo trades 6.13% higher in late trade, JP Morgan +5.16%, Blackrock +3.39%. Gains helped Bank of America +5.04% ahead of their release next Tuesday, Citigroup +3.64%, Goldman Sachs +2.37%.
  • Industrials were next up, supported by transportation stocks with Uber climbing 10.77% after Tesla's "Robotaxi" presentation failed to wow investors. Elsewhere, Old Dominion gained 2.42% while JB Hunt climbed 2.8%.
  • Laggers meanwhile, were led by Consumer Discretionary and Information Technology sectors as they scaled back gains from the week. Tesla weighed on autos -8.33% on the aforementioned Robotaxi reveal while Nike slipped 0.21%. Meanwhile, Broadcom -2.53%, Palantir -1.68% Adobe -1.38% weighed on the IT sector.