OIL: Kpler Sees 50% Probability of US–Iran Talks Breakthrough

Apr-23 15:58

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Kpler sees a 50% probability of a breakthrough in US-Iran negotiations following a second round of t...

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US STOCKS: Midday Equities Roundup: Risk-On as Tariffs Turn Targeted

Mar-24 15:46
  • Stocks are firmer ahead midday, risk sentiment improving as the Trump administration's universal tariff plans take a narrower focus ahead of the April 2 "Liberation Day" implementation. Currently, the DJIA trades up 550.62 points (1.31%) at 42531.49, S&P E-Minis up 90.25 points (1.58%) at 5808.5, Nasdaq up 343.5 points (1.9%) at 18127.15.
  • Consumer Discretionary and Information Technology sectors outperformed in the first half, retail buyers helping Tesla rally over 9%, outperforming other Discretionary sector shares: Deckers Outdoor +5.85%, Darden Restaurants +4.66%, Ralph Lauren Corp +4.16%, Royal Caribbean Cruises+3.95% and DoorDash +3.87%.
  • Semiconductor makers buoyed the Tech sector in the first half as AI demand for high performance chips continued: Advanced Micro Devices +6.42%, ON Semiconductor +5.46%, NXP Semiconductors +5.31% and Palantir Technologies +5.21%.
  • On the flipside, Utilities and Consumer Staples underperformed ahead midday, water and independent energy providers weighed on the former: AES Corp -1.99%, NextEra Energy -0.75%, American Water Works -0.69% and CenterPoint Energy -0.62%.
  • Meanwhile, Consumer Staples weighed by food producers & distributors: Hormel Foods -1.93%, Brown-Forman -1.44%, Kraft Heinz -1.20% and Dollar General -0.85%.

FED: US TSY 13W BILL AUCTION: HIGH 4.190%(ALLOT 78.18%)

Mar-24 15:32
  • US TSY 13W BILL AUCTION: HIGH 4.190%(ALLOT 78.18%)
  • US TSY 13W BILL AUCTION: DEALERS TAKE 29.14% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: DIRECTS TAKE 8.23% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: INDIRECTS TAKE 62.63% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: BID/CVR 2.96

FED: US TSY 26W BILL AUCTION: HIGH 4.085%(ALLOT 8.07%)

Mar-24 15:32
  • US TSY 26W BILL AUCTION: HIGH 4.085%(ALLOT 8.07%)
  • US TSY 26W BILL AUCTION: DEALERS TAKE 20.74% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: DIRECTS TAKE 5.58% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: INDIRECTS TAKE 73.68% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: BID/CVR 3.27

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