US STOCKS: Midday Equities Roundup: Consolidating Ahead of Weekend

May-09 15:24
  • Stocks consolidated in late Friday morning, squaring up ahead of the weekend, markets are in the middle of unwinding Thursday's post-US/UK trade "breakthrough" and Pres Trump's buy stocks endorsement.
  • Currently, the DJIA trades down 120.69 points (-0.29%) at 41250.05, S&P E-Minis down 7.75 points (-0.14%) at 5678, Nasdaq down 5 points (0%) at 17925.31.
  • Consumer Staples and Industrial sectors underperformed in the first half, laggers in the former included Altria Group -1.13%, Tyson Foods -1.10%, Walmart -1.08%, Philip Morris -1.00% and Target -0.77%.
  • Weighing on the industrials sector: Dayforce -3.14%, United Airlines -1.65%, RTX -1.54%, Northrop Grumman -1.40% and Lockheed Martin -0.99%.
  • On the positive side, Energy and Consumer Discretionary sectors outperformed in the first half, oil and gas shares buoyed the Energy sector as crude prices continued to march higher (WTI +0.70 at 60.61): EQT +2.53%, Expand Energy +2.21%, APA +1.55%, Devon Energy +1.35%, Exxon Mobil +0.91% and Diamondback Energy +0.89%.
  • Meanwhile, auto shares buoyed the Discretionary sector: Tesla +5.31%, Aptiv +1.80%, Ford Motor +1.70% and AutoZone +0.70%.

Historical bullets

FED: US TSY 17W AUCTION: NON-COMP BIDS $562 MLN FROM $60.000 BLN TOTAL

Apr-09 15:15
  • US TSY 17W AUCTION: NON-COMP BIDS $562 MLN FROM $60.000 BLN TOTAL

OPTIONS: Larger FX Option Pipeline

Apr-09 15:13
  • EUR/USD: Apr11 $1.0950-60(E1.1bln), $1.1000(E1.7bln)
  • USD/JPY: Apr15 Y144.00($1.3bln), Y145.00($1.6bln)
  • AUD/USD: Apr15 $0.6140-50(A$1.1bln), $0.6200(A$1.1bln)
  • USD/CAD: Apr11 C$1.4045($1.6bln); Apr14 C$1.4375($1.5bln)
  • USD/CNY: Apr11 Cny7.3500($1.1bln)

EGB OPTIONS: Bund Call Spread Buyer

Apr-09 15:05

RXK5 132/133 call spread, bought for 25 in 12k