US STOCKS: Early Equity Roundup: Banks, Pharmaceuticals Under Pressure
Feb-20 16:45
- Stocks are trading broadly weaker ahead midday, near morning lows with Financial and Consumer Discretionary sectors leading the decline. Currently, the DJIA trades down 635.33 points (-1.42%) at 43991.81, S&P E-Minis down 52.75 points (-0.86%) at 6110, Nasdaq down 174.4 points (-0.9%) at 19881.44.
- Banks weighed heavily on the Financial sector in the first half, partially associated with comments from the Federal Reserve that cite high uncertainty over Trump administration policy changes. Currently, JP Morgan trades -4.05%, KeyCorp -3.55%, Citigroup & Citizens Financial both -3.45%.
- Cruise lines weighed heavily on the Consumer Discretionary sector: Royal Caribbean -8.76%, Carnival -7.15%, Norwegian Cruise Line -5.32%. On the flipside, Hasbro surged 10.5% after better than expected earnings and forward guidance.
- On the positive side, Health Care and Energy sectors outperformed in the first half, with pharmaceuticals supporting the former: Regeneron +2.16%, Danaher +1.80%, Incyte +1.72%. Energy sector shares partially buoyed by support in crude (WTI +0.58 at 72.83): Texas Pacific +2.29%, Occidental Petroleum +1.69%, Devon Energy +1.57%.
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OPTIONS: Larger FX Option Pipeline
Jan-21 16:45
- EUR/USD: Jan23 $1.0295-00(E2.7bln), $1.0400(E1.8bln), $1.0435-40(E1.0bln); Jan24 $1.0350(E1.4bln)
- USD/JPY: Jan23 Y155.00($1.6bln); Jan27 Y155.95-00($1.3bln)
- AUD/USD: Jan23 $0.6200-05(A$1.8bln), $0.6300(A$1.0bln)
- NZD/USD: Jan23 $0.5660-75(N$1.0bln)
- USD/CAD: Jan23 C$1.4450($1.1bln); Jan24 C$1.4380($1.4bln), C$1.4500($1.6bln)
- USD/CNY: Jan23 Cny7.5000($1.9bln); Jan24 Cny7.4500($1.4bln); Jan27 Cny7.6000($2.1bln)
FED: US TSY 26W BILL AUCTION: HIGH 4.165%(ALLOT 18.06%)
Jan-21 16:32
- US TSY 26W BILL AUCTION: HIGH 4.165%(ALLOT 18.06%)
- US TSY 26W BILL AUCTION: DEALERS TAKE 24.98% OF COMPETITIVES
- US TSY 26W BILL AUCTION: DIRECTS TAKE 12.82% OF COMPETITIVES
- US TSY 26W BILL AUCTION: INDIRECTS TAKE 62.21% OF COMPETITIVES
- US TSY 26W BILL AUCTION: BID/CVR 3.04
FED: US TSY 13W BILL AUCTION: HIGH 4.215%(ALLOT 52.69%)
Jan-21 16:32
- US TSY 13W BILL AUCTION: HIGH 4.215%(ALLOT 52.69%)
- US TSY 13W BILL AUCTION: DEALERS TAKE 37.88% OF COMPETITIVES
- US TSY 13W BILL AUCTION: DIRECTS TAKE 6.93% OF COMPETITIVES
- US TSY 13W BILL AUCTION: INDIRECTS TAKE 55.19% OF COMPETITIVES
- US TSY 13W BILL AUCTION: BID/CVR 2.80
