FED: US TSY 26W AUCTION: NON-COMP BIDS $1.518 BLN FROM $77.000 BLN TOTAL
Mar-02 16:15
US TSY 26W AUCTION: NON-COMP BIDS $1.518 BLN FROM $77.000 BLN TOTAL
FED: US TSY 13W AUCTION: NON-COMP BIDS $1.772 BLN FROM $89.000 BLN TOTAL
Mar-02 16:15
US TSY 13W AUCTION: NON-COMP BIDS $1.772 BLN FROM $89.000 BLN TOTAL
US STOCKS: Paring Early Losses as Surge in Crude Buoys Energy Sector Shares
Mar-02 16:14
Still weaker - US equity indexes are paring losses Monday, buoyed by energy sector shares as crude prices surge after the US & Israel attacked Iran early Saturday.
West Texas crude prices are over $71.00/bbl at the moment, underpinning oil and gas stocks in the first half.
Additional support cam from cryptocurrency financial services with Bitcoin rallying over 5% in the first half, while defense and select technology sector shares also outperformed in early trade.
Conversely, consumer discretionary, materials and consumer staples sector shares continued to underperform.