• Stocks have bounced off early session lows following this morning's PPI and weekly jobless claims. S&P Eminis and Nasdaq indexes held modest gains vs. small losses for the Dow, all inside a narrow session range ahead midday.
  • Currently, the DJIA trades down 58.97 points (-0.14%) at 40803.02, S&P E-Minis up 7.75 points (0.14%) at 5567.75, Nasdaq ups 77.6 points (0.4%) at 17468.43.
  • Communication Services and Energy sector shares led gainers in the first half, interactive media and entertainment supporting the former with Warner Brothers +7.35%, Charter Communications +2.18%, Meta (formerly Facebook) gained 1.75%.
  • Energy sector shares partially supported by a rebound in crude prices (WTI +1.35 at 68.86) despite ongoing supply overhang concerns: Targa Resources +1.35%, Diamondback Energy +1.08%, Exxon Mobil+1.04%.
  • On the flipside, Real Estate and Health Care sector shares underperformed in the first half, management & development shares weighed on the former: CoStar Group -2.54%, American Tower -1.60%, Crown Castle -1.49%.
  • Meanwhile, pharmaceuticals weighed on the Health Care sector: Moderna falling nearly -18% amid plans to cut costs by $1.1B including research while officials pared it's sales outlook. Elsewhere, Bio-Techne trades -2.71%, Agilent Technologies -2.47%.

US STOCKS: Equities Roundup: Comm Services, Energy Buoys Eminis, Nasdaq

Last updated at:Sep-12 15:11By: Bill Sokolis
  • Stocks have bounced off early session lows following this morning's PPI and weekly jobless claims. S&P Eminis and Nasdaq indexes held modest gains vs. small losses for the Dow, all inside a narrow session range ahead midday.
  • Currently, the DJIA trades down 58.97 points (-0.14%) at 40803.02, S&P E-Minis up 7.75 points (0.14%) at 5567.75, Nasdaq ups 77.6 points (0.4%) at 17468.43.
  • Communication Services and Energy sector shares led gainers in the first half, interactive media and entertainment supporting the former with Warner Brothers +7.35%, Charter Communications +2.18%, Meta (formerly Facebook) gained 1.75%.
  • Energy sector shares partially supported by a rebound in crude prices (WTI +1.35 at 68.86) despite ongoing supply overhang concerns: Targa Resources +1.35%, Diamondback Energy +1.08%, Exxon Mobil+1.04%.
  • On the flipside, Real Estate and Health Care sector shares underperformed in the first half, management & development shares weighed on the former: CoStar Group -2.54%, American Tower -1.60%, Crown Castle -1.49%.
  • Meanwhile, pharmaceuticals weighed on the Health Care sector: Moderna falling nearly -18% amid plans to cut costs by $1.1B including research while officials pared it's sales outlook. Elsewhere, Bio-Techne trades -2.71%, Agilent Technologies -2.47%.

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