US STOCKS: Midday Equities Roundup: Off Highs, Reacting to Geopol Headlines
Jun-18 16:12
Similar to this week's underlying themes, stocks gained as wires reported that Iran had reached out to Pres Trump to discuss a ceasefire with Israel. Support gradually eased after Iran denied the call: Iranian officials posted on social media: "Iran does NOT negotiate under duress, shall NOT accept peace under duress, and certainly NOT with a has-been warmonger clinging to relevance."
Currently, the DJIA trades up 173.38 points (0.41%) at 42389.47, S&P E-Minis up 25.5 points (0.42%) at 6063.75, Nasdaq up 115 points (0.6%) at 19636.09.
Leading gainers included Coinbase Global climbing 6.51% after a Stablecoin bill cleared the Senate, Enphase Energy +4.81% and Nucor +3.71%, Jabil +3.83%, Intel +3.61.
Conversely, insurance and financial services retreated: Allstate Corp -3.47%, Progressive -3.06%, Visa -2.81%, while oil and gas shares retreated as crude scaled back a fraction of Tuesday's rally (WTI -0.74 at 74.10): Halliburton -2.87% and CF Industries Holdings -2.50%
FED: US TSY TO SELL $76.000 BLN 13W BILL JUN 23, SETTLE JUN 26
Jun-18 16:05
US TSY TO SELL $76.000 BLN 13W BILL JUN 23, SETTLE JUN 26
FED: US TSY TO SELL $70.000 BLN 5Y NOTES JUN 25, SETTLE JUN 30
Jun-18 16:05
US TSY TO SELL $70.000 BLN 5Y NOTES JUN 25, SETTLE JUN 30