LBSL Research
The S&P’s high-weighted tech sector (+zero.5{f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0}) topped right this moment’s leaderboard, thanks largely to mega-cap names corresponding to Alphabet, Facebook and Apple, which gained 1.8{f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0}, 0.7{f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0} and 0.4{f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0}, respectively. Please disable your ad blocker (or replace your settings to make sure that javascript and cookies are enabled), in order that we can continue to provide you with the primary-fee market news and information you’ve got come to anticipate from us.
Cobalt Worldwide Power ( CIE -3.4{f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0}) slumps to a brand new document low of $1.10 after saying it was warned by the NYSE that it is now not in compliance with continued listing requirements and might be delisted because the general value of its shares has dropped under the alternate’s $50M minimal market cap threshold. Heavyweights JPMorgan Chase (JPM 96.eighty four, -zero.29) and Citigroup (C seventy four.94, -0.24) will report their quarterly results on Thursday morning, marking the beginning of the third quarter earnings season.
Oil prices have been buying and selling at US$ fifty one.09 on the time of writing. In the meantime, vitality stocks throughout the S&P 500 are still trading behind the broader market, displaying a lack of zero.5{f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0}. Dow parts Chevron (CVX 119.07, -zero.26) and Exxon …