EQUITIES: Stocks Inch Higher as Trump Says China Trade Meeting Was Held Today
Apr-24 16:35
Equities gain as Trump states that "they had a meeting this morning" in reference to China trade tal...
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US STOCKS: Midday Equities Roundup: Media & Software/Hardware Names Outperform
Mar-25 16:33
- Stocks are trading near steady (SPX Eminis) to mildly mixed at midday, tech-heavy Nasdaq outperforming. Currently, the DJIA trades down 51.47 points (-0.12%) at 42531.34, S&P E-Minis up 1.5 points (0.03%) at 5816.5, Nasdaq up 33.1 points (0.2%) at 18220.65.
- Communication Services and Information Technology sectors outperformed in the first half, interactive media and entertainment names supporting the former with Netflix +2.01%, Fox Corp +2.01%, Interpublic Group +1.99%, Omnicom Group +1.49% and Meta Platforms +1.21%.
- Software & hardware makers led gainers in the IT sector for a change, Crowdstrike Holdings +3.41%, Adobe +2.27%, Enphase Energy +2.19%, Cognizant Technology Solutions +2.08% and Autodesk +1.49%.
- On the flipside, Energy and Real Estate sectors underperformed in the first half, Vistra Corp -3.08%, Public Service Enterprise -3.02%, Dominion Energy -2.80% and FirstEnergy Corp -2.74% weighed on the Energy sector.
- Meanwhile, specialized REITs weighed on the Real Estate sector with Crown Castle -3.83%, Iron Mountain -2.71%, Digital Realty Trust -1.93% and SBA Communications -1.66%.
OPTIONS: Larger FX Option Pipeline
Mar-25 16:16
- EUR/USD: Mar27 $1.0750(E1.3bln), $1.0800(E1.9bln), $1.0820-25(E1.3bln), $1.0850-65(E1.9bln); Mar28 $1.0700(E1.1bln), $1.0800(E2.2bln)
- USD/JPY: Mar28 Y151.00($1.2bln)
- EUR/GBP: Mar31 Gbp0.8360-70(E1.1bln)
- USD/CAD: Mar28 C$1.4145-50($1.2bln)
EURIBOR OPTIONS: Call Spread Unwind
Mar-25 16:12
ERM5 97.875 / 98.00 call spread, sold for 4 in 10k. Market contact suggests this is an unwind of an existing position.
