Midday Brief
Jun 08 · 12:00 PM EDT
The market shows a positive tone midday with tech, energy, and consumer discretionary sectors leading, supported by a Nasdaq and Russell 2000 rally amid a sharp drop in volatility. Oil's rise on tightening global inventories appears to be a key driver, while CPB's earnings met expectations without shifting sentiment.
Market Snapshot›
| Index | Price | Change |
|---|---|---|
| S&P 500 | 7,440.47 | +0.77% |
| Dow Jones | 50,946.23 | +0.16% |
| Nasdaq | 26,066.87 | +1.39% |
| Russell 2000 | 2,876.47 | +1.52% |
| VIX | 18.30 | -14.92% |
Sentiment:Fear (43)-14 from last week
Sector Performance
Leaders
Technology+2.95%
Energy+1.16%
Cons. Disc.+0.53%
Laggards
Utilities-1.13%
Real Estate-0.91%
Materials-0.88%
Cross-Asset Moves
10Y Yield
4.56%
+0.02
Gold
$4,360.90
+0.55%
Oil (WTI)
$91.48
+1.04%
Bitcoin
$63,742.94
+0.80%
USD Index
99.96
-0.11%
HYG
$79.54
+0.14%
BMO Earnings Today
| Symbol | EPS | Est. | Surprise |
|---|---|---|---|
| CPB(BMO) | $0.50 | $0.48 | +3.46% |
Current Headlines
- Global oil inventories depleted, next price spike could roil economies, marketsReuters
- Food supply 'not at risk' after new Texas screwworm cases, USDA secretary saysCNBC
- Jim Cramer's top 10 things to watch in the stock market MondayCNBC
- We're trimming 2 recent winners to raise cash in case of another day like FridayCNBC
- United CEO brushes off airline mergers after American rejection: 'There's nothing'CNBC
Watch for further developments in airline sector commentary and Jim Cramer's market insights later today for potential catalysts.
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