IRAN: Trump Frustrated US Military Action Not Taken Seriously by Iran: CNN
Jun-11 15:35
CNN: "President Donald Trump grew furious this week after ordering new strikes on Iran, believing th...
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US STOCKS: Early Equities Roundup: Chipmakers Reverse Monday Gains
May-12 15:33
- Stocks are retreating early Tuesday from record highs posted in SPX eminis and Nasdaq indexes yesterday, risk sentiment tempered by rising crude prices, Treasury yields and the US$. SPX eminis have retreated 0.93%, Nasdaq -1.7%, the DJIA -0.48% ahead midday.
- Electronics and Health Care sector shares led advances in the first: Zebra Technologies surged +17.42% after raising their FY26 adjusted EPS to $18.30-$18.70 from $17.70 to $18.30. Distant second and third: Qnity Electronics gained +4.22% while Amphenol Corp +2.69%.
- Health Care sector rebounded from better selling the last few sessions, led by Vertex Pharmaceuticals +3.63%, Zimmer Biomet Holdings +2.80%, STERIS +2.78% and Insulet Corp +2.49%.
- IT sector shares led declines amid heavy selling/profit taking chip stocks: QUALCOMM -10.83% after rising over 8% Monday, Intel Corp -8.76%, Sandisk Corp-8.48%, while ON Semiconductor, Lumentum Holdings, Micron Technology and Skyworks Solutions declined -6.75% to -6.15%.
FED: US TSY 52W BILL AUCTION: HIGH 3.650%(ALLOT 4.56%)
May-12 15:32
- US TSY 52W BILL AUCTION: HIGH 3.650%(ALLOT 4.56%)
- US TSY 52W BILL AUCTION: DEALERS TAKE 27.45% OF COMPETITIVES
- US TSY 52W BILL AUCTION: DIRECTS TAKE 3.49% OF COMPETITIVES
- US TSY 52W BILL AUCTION: INDIRECTS TAKE 69.06% OF COMPETITIVES
- US TSY 52W AUCTION: BID/CVR 3.41
UK: Junior Min & Streeting Ally Resigns, Calls For PM To Go
May-12 15:31
Pippa Crerar at the Guardian posts on X: "Zubir Ahmed, health minister and another close ally of Wes Streeting, quits calling for Keir Starmer to step aside. Feels like the Streeting bid could be on." Situation remains very fluid, with little sign of whether anyone will launch a formal campaign against Starmer in the immediate term. Ahmed comes as the fourth junior ministerial resignation after Safeguarding Minister Jess Phillips, Victims MinisterAlex Davies-Jones, and Communities Minister Miatta Fahnbulleh earlier today.
- Over 100 Labour backbenchers and parliamentary private secretaries have signed a letter backing Starmer, reportedly at their own behest rather than in a No.10 organised campaign. Comes with over 80 MPs having called for his resignation, leaving around 200 MPs still to publicly declare either way.
