FED: US TSY 17W BILL AUCTION: HIGH 4.225%(ALLOT 33.06%)
Jul-23 15:32
US TSY 17W BILL AUCTION: HIGH 4.225%(ALLOT 33.06%)
US TSY 17W BILL AUCTION: DEALERS TAKE 25.51% OF COMPETITIVES
US TSY 17W BILL AUCTION: DIRECTS TAKE 8.96% OF COMPETITIVES
US TSY 17W BILL AUCTION: INDIRECTS TAKE 65.53% OF COMPETITIVES
US TSY 17W BILL AUCTION: BID/CVR 3.55
US STOCKS: Early Equities Roundup: New Highs for SPX Eminis, Tech Stocks Stall
Jul-23 15:21
Stocks are firmer early Wednesday, SPX eminis just off new all-time highs (6376.75), supported by a mix of Industrials, Health Care and Energy sector shares - risk sentiment buoyed after Pres Trump announced a sweeping trade deal with Japan late Tuesday.
Currently, the DJIA trades up 185.94 points (0.42%) at 44688.76, S&P E-Minis up 13.75 points (0.22%) at 6360.75, Nasdaq up 18.5 points (0.1%) at 20908.89.
Leading gainers in the first half buoyed by better than expected earnings: Lamb Weston Holdings +20.40%, GE Vernova +14.31%, Thermo Fisher Scientific +13.17%, Lennox International +9.69%, TE Connectivity +8.94%, Moderna +8.65%, Baker Hughes +7.96%, Vistra +6.85% and General Dynamics +6.31%.
Technology sector shares primarily led decliners in the first half: Fiserv -17.68%, Enphase Energy -13.48%, Texas Instruments -12.40%, Microchip Technology -7.33%, ON Semiconductor -7.17% and Teledyne Technologies -5.13%. Other laggers outside of Tech included: Otis Worldwide -11.20%, NectEra Energy -4.40%, Albemarle -4.10 and Hasbro -4.04%
Earnings expected after today's close: T-Mobile US, Mattel, Chipotle Mexican Grill, Molina Healthcare, CSX Corp, O'Reilly Automotive, Tesla, ServiceNow, Crown Castle, United Rentals, Rollins, QuantumScape, Alphabet, Alaska Air, Las Vegas Sands, Viking Therapeutics, IBM, and Valero Energy Corp.