CONSUMER CYCLICALS: PVH; S&P moves to stable outlook

Apr-11 16:52

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(Baa3 Pos/BBB- stable now) We saw S&P the most likely to upgrade (if only looking at leverage). Loo...

Historical bullets

OPTIONS: Larger FX Option Pipeline

Mar-12 16:51
  • USD/JPY: Mar17 Y146.90-15($1.1bln), Y149.00-15($1.1bln); May18 Y147.00($1.2bln), Y148.50($1.1bln), Y150.00($1.3bln)
  • GBP/USD: Mar17 $1.3300(Gbp1.1bln)
  • AUD/USD: Mar14 $0.6125(A$1.1bln), $0.6400-10(A$1.0bln); Mar18 $0.6320-30($1.3bln)
  • USD/CAD: Mar14 C$1.4700($1.2bln)

FED: US TSY 9Y-11M AUCTION: NON-COMP BIDS $87 MLN FROM $39.000 BLN TOTAL

Mar-12 16:45
  • US TSY 9Y-11M AUCTION: NON-COMP BIDS $87 MLN FROM $39.000 BLN TOTAL

US STOCKS: Equities Midday Roundup: Chip Stocks Buoy Tech Sector

Mar-12 16:37
  • Stocks are trading firmer at midday, off lows with the DJIA lagging SPX Eminis and Nasdaq Wednesday. Currently, the DJIA trades up 26.09 at 41459.57, SPX eminis +47.25 at 5624.25, Nasdaq +285.23 at 17721.33.
  • Information Technology and Communication Services sector shares led gainers by midday, chip makers supporting the former with Micron Technology +7.54%, NVIDIA Corp +6.18%, Intel +4.47%, Advanced Micro Devices +3.62% and Broadcom I+3.42%.
  • Interactive media and entertainment shares supported the Communication Services sector with Netflix +1.96%, Meta Platforms +1.94%, Take-Two Interactive +1.06% and Alphabet +0.84%.
  • On the flipside, Consumer Staples and Health Care sectors underperformed in early trade, leading laggers in Consumer Staples included Brown-Forman -6.69%, Estee Lauder -4.80%, Hershey -3.49% and Mondelez International -3.35%.
  • Meanwhile, pharmaceuticals and services shares weighed on the Health Care sector: Regeneron Pharmaceuticals -4.43%, Universal Health Services -4.42%, Baxter International -3.93% and DaVita -3.80%.