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US STOCKS: Late Equities Roundup: Weaker, But Not Far From Record Highs

US STOCKS
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  • Stocks hold moderately weaker late Thursday -- the lower half of the session range as some accounts squared up ahead of Friday's headline jobs report for September. That said, current levels are not far off record highs set back in July. Not bad when considering the tepid risk sentiment heading into the data, Mideast tensions and election uncertainty.
  • Currently, the DJIA trades down 230.41 points (-0.55%) at 41965.05, S&P E-Minis down 19.75 points (-0.34%) at 5740.5, Nasdaq down 47 points (-0.3%) at 17877.87.
  • Energy sector continues to benefit from a surge in crude prices (WTI tapping 73.92 high today) as Mideast tensions heat up. Oil and gas shares leading gainers: Valero +5.68%, Marathon Petroleum +5.42%, Diamondback Energy +3.81%, APA +3.71%. Meanwhile, Semiconductor stocks buoyed the IT sector for the second day running: Nvidia +3.31%, Micron +1.80%, AMD +1.61%.
  • On the flipside, Consumer Discretionary and Materials sectors continued to underperform in late trade: Tesla -4.18%, Borg Warner -1.78%, Aptiv -1.76%. Metals and mining stocks weighed on the Materials sector with Freeport-McMoRan -2.13%, Newmont -1.72%.
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  • Stocks hold moderately weaker late Thursday -- the lower half of the session range as some accounts squared up ahead of Friday's headline jobs report for September. That said, current levels are not far off record highs set back in July. Not bad when considering the tepid risk sentiment heading into the data, Mideast tensions and election uncertainty.
  • Currently, the DJIA trades down 230.41 points (-0.55%) at 41965.05, S&P E-Minis down 19.75 points (-0.34%) at 5740.5, Nasdaq down 47 points (-0.3%) at 17877.87.
  • Energy sector continues to benefit from a surge in crude prices (WTI tapping 73.92 high today) as Mideast tensions heat up. Oil and gas shares leading gainers: Valero +5.68%, Marathon Petroleum +5.42%, Diamondback Energy +3.81%, APA +3.71%. Meanwhile, Semiconductor stocks buoyed the IT sector for the second day running: Nvidia +3.31%, Micron +1.80%, AMD +1.61%.
  • On the flipside, Consumer Discretionary and Materials sectors continued to underperform in late trade: Tesla -4.18%, Borg Warner -1.78%, Aptiv -1.76%. Metals and mining stocks weighed on the Materials sector with Freeport-McMoRan -2.13%, Newmont -1.72%.