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The S&P 500 and the Nasdaq were muted on Tuesday while the Dow notched a fresh record high as investors digested corporate earnings and retail sales figures that kicked off a slew of economic datasets due to be released through the week. [.N] At 13:30 EST, the Dow Jones Industrial Average was up 0.12% at 50,194.84.The S&P 500 was down 0.13% at 6,955.53, and the Nasdaq Composite was down 0.27% at 23,176.86.

The top three S&P 500 percentage gainers:

• Datadog Inc , up 14.3%

• Masco Corp , up 8.3%

• Marriott International Inc , up 8.1%

The top three S&P 500 percentage losers:

• Charles Schwab Corp , down 9.1%

• Raymond James Financial Inc , down 8.5%

• S&P Global Inc , down 7.8%

The top three NYSE percentage gainers:

• Evommune Inc , up 67.9%

• Haverty Furniture Companies Inc , up 24.6%

• Vestis Corp , up 20.2%

The top three NYSE percentage losers:

• Jumia Technologies AG , down 17.6%

• agilon health inc , down 13.0%

• Amentum Holdings Inc , down 12.4%

The top three Nasdaq percentage gainers:

• Quince Therapeutics Inc , up 198.5%

• Jiuzi Holdings Inc , up 67.6%

• Founder Group Ltd , up 52.5%

The top three Nasdaq percentage losers:

• Lianhe Sowell International Group Ltd , down 68.6%

• MDJM Ltd , down 67.0%

• Autozi Internet Technology (Global) Ltd , down 59.8%

• Regenxbio Inc : BUZZ - Drops after FDA rejects gene therapy for rare disease

• Fluence Energy Inc : BUZZ - Rises as Jefferies upgrades to 'buy' on demand recovery

• Coca-Cola Co : BUZZ - Shares fall about 2% after Q4 revenue miss

• Upwork Inc : BUZZ - Tumbles after Q1 outlook disappoints

• Becton Dickinson and Co : BUZZ - Falls after lowering profit forecast

• FTAI Aviation Ltd : BUZZ - Jefferies raises FTAI Aviation PT as power business gains momentum

• Hecla Mining Co :

• Coeur Mining Inc :

• Endeavour Silver Corp :

• Abrdn Physical Silver Shares ETF :

BUZZ - Silver miners fall as increased risk appetite lifts global equities

• Spotify Inc : BUZZ - Jumps after upbeat profit forecast

• DuPont De Nemours Inc : BUZZ - Jumps after upbeat profit forecast

• Under Armour Inc : BUZZ - Falls after Citigroup downgrades to 'sell'

• Willis Tower Watson PLC : BUZZ - U.S. insurance brokers steady after slumping on AI disruption risks

• Hims & Hers Health Inc : BUZZ - Falls after Novo Nordisk sues co for patent infringement

• Oscar Health Inc : BUZZ - Shares fall on Q4 revenue miss

• Dakota Gold Corp : BUZZ - Slides on $75 mln stock sale

• Personalis Inc : BUZZ - Rises as Medicare extends coverage to lung cancer test

• FedEx Corp : BUZZ - Barclays raises FedEx PT on AI-fueled growth expectation

• Hasbro Inc : BUZZ - Rises after Q4 revenue beat

• Wingstop Inc : BUZZ - Shares dip as at least two brokerages downgrade stock

• Tectonic Therapeutic Inc : BUZZ - Shares plunge as AstraZeneca scraps rival relaxin drug

• Harley-Davidson Inc : BUZZ - Falls as Q4 loss widens

• Nektar Therapeutics Inc : BUZZ - Rises as eczema drug shows year-long benefit

• Vistra Corp : BUZZ - Gains as Jefferies upgrades to 'buy'

• Caterpillar Inc : BUZZ - BofA lifts Caterpillar PT on broadening turbine demand **Clear Channel Outdoor Holdings Inc : BUZZ -Up on $6.2 bln go-private deal

• Quest Diagnostics Inc : BUZZ - Hits record high after upbeat 2026 forecast

• Polyrizon Ltd : BUZZ - Climbs on deal to buy 51% of air ambulance operator

• RingCentral Inc : BUZZ - Rises ahead of joining S&P SmallCap index

• CVS Health Corp : BUZZ - Rises after quarterly earnings beat estimates

• General Motors Co : BUZZ - Benchmark raises General Motors PT to reflect stronger 2025 execution

• LATAM Airlines Group Inc : BUZZ - Slips on pricing $743 mln secondary offering

• Incyte Corp : BUZZ - Falls after downbeat annual revenue forecast

• Jacobs Solutions Inc : BUZZ - Secures seat on US Missile Defense Agency contract; shares rise

• Masco Corp : BUZZ - Up after quarterly profit beat

• Evommune Inc : BUZZ - Soars after eczema therapy shows promise in mid-stage trial

• On Semiconductor Corp : BUZZ - Slides after quarterly revenue miss; weak Q1 forecast

• Wesco International Inc : BUZZ - Falls after forecasting profit below estimates

• Williams Companies Inc : BUZZ - Rises to record high after lifting 2026 profit foreacst

• Zimmer Biomet Holdings Inc : BUZZ - Rises after Q4 earnings beat

• Datadog Inc : BUZZ - Climbs after Q4 results beat

• Hoth Therapeutics Inc : BUZZ - Rises as early obesity-drug data in mice shows promise

• Rio Tinto PLC :

• Southern Copper Corp :

• Freeport-McMoRan Inc :

• Teck Resources Ltd :

BUZZ - Copper miners fall on rising inventories [Copper miners fall on rising inventories]

• Ecolab Inc : BUZZ - Gains on upbeat full-year forecast

• Microchip Technology Inc : BUZZ - Rebounds after boosted $800 mln convertible bonds sale

• Marriott International Inc : BUZZ - Stock hits record high after Q4 revenue beat

• Warner Bros Discovery Inc : BUZZ - Rises after Paramount sweetens bid

• Target Corp : BUZZ - Dips after leadership shake-up​

• Mattel Inc : BUZZ - Rises heading into report as investors eye entertainment strategy

• Charles Schwab Corp :

• Stifel Financial Corp :

• Raymond James Financial Inc :

• Interactive Brokers Group Inc : BUZZ - US brokerages slide after Altruist launches AI tax planner

Index RIC Index name Percent

change %

S&P 500 -0.13

S&P 500 Information Technology -0.2

S&P 500 Utilities 1.67

S&P 500 Consumer Discretionary 0.6

S&P 500 Materials 1.09

S&P 500 Industrials 0.34

S&P 500 Communication Services -0.58

(Sector)

S&P 500 Financials -1.12

S&P 500 Real Estate 1.16

S&P 500 Health Care -0.07

S&P 500 Consumer Staples -0.42

S&P 500 Energy -0.15

(Rajarshi Roy and Varun Sahay in Bengaluru)

ANZ Research previews next week's RBNZ February meeting.

"We expect no change in the OCR, leaving it at 2.25% on Wednesday 18 February, accompanied by a higher OCR track that suggests that a rate hike towards the end of the year is seen as a likelihood,"ANZ notes.

"On the day, we suspect the RBNZ would be happy with no market reaction at all; market pricing looks rational. On balance, we don’t expect that the RBNZ’s OCR track will be as hawkish as current OIS pricing, but only a small lift in the track is required to suggest a hike this year is probable. That would probably be enough to broadly satisfy a market that is likely to expect the RBNZ to keep its options open," ANZ adds.

• Cable has traded a 39 pip range since the London open; 1.3655-1.3694

• 1.3694 is pip shy of Asian session top; six pips shy of Monday high

• Monday peak was scaled after show of support for Starmer from ministers/Rayner

• UK PM Starmer pledges to never walk away from his job

• U.S. retail sales unchanged in December vs 0.4% f/c. NFP data due Wednesday

• U.S. Commerce chief Lutnick says USD at "more natural" level for trade

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Credit Agricole CIB Research sees a scope for SNB verbal intervention as EUR/CHF sliding below 0.9130.

"The CHF has been up to a very good start this week, with of special note EUR/CHF sliding to new lows sub-0.9130, despite the absence of obvious catalysts. Interestingly, the move in spot has seemingly not been accompanied by increased demand for OTM CHF calls, as for instance the 3M EUR/CHF 25-delta risk reversals held up pretty much flat yesterday," CACIB notes.

"While so far the SNB has not really stepped up the jawboning yet against CHF strength, that may eventually show some reluctance from market participants to test the resolve of the bank, a stance we largely concur with as we see very limited room for further appreciation from here," CACIB adds.

• Shares of copper miners fall, tracking prices of the red metal

• Benchmark copper on the London Metal Exchange down 0.6% at $13,093 per metric ton

• Copper prices fall, pressured by rising inventories and muted trading activity ahead of the Lunar New Year break [MET/]

• Global mining giant Rio Tinto down ~1%

• Southern Copper drops ~3%; Freeport-McMoRan

falls 2%

• Canada's Teck Resources down ~1%, Hudbay Minerals falls 3.6% and Ero Copper falls ~4%
(Reporting by Dharna Bafna in Bengaluru)

Morgan Stanley discusses EUR/USD near-term outlook.

"On the one hand, we think both rate differentials and USD-negative risk premium are at reasonably fair levels in the near term. But on the other hand we see clear asymmetry towards both additional USD-negative risk premium and greater US-EU rate convergence.," MS notes.

"The result is we want to stay neutral on EUR/USD for now, but we think the expected value for the pair is above 1.18 and we think spot will rise over time as markets incorporate more and more of these risks," MS adds.

Goldman Sachs Research previews the US January jobs report on Wednesday.

"We are below consensus for NFP tomorrow. We estimate nonfarm payrolls increased +45k in January, versus the last print of +50k, and consensus of +69k," GS notes.

"We estimate that the unemployment rate was unchanged at 4.4% in January, but we see the risks as skewed to a decline: the bar for rounding down to 4.3% is not high from an unrounded 4.38% in December and the January unemployment rate appears to suffer from modestly negative residual seasonality," GS adds.

• Dakota Gold shares down 7.4% premarket at $6.10 after overnight follow-on priced

• Lead, South Dakota-based gold miner late Mon ~12.3 mln shares for approx $75 mln gross raise

• Offering price equates to around $6.08, which is 7.7% discount to stock's last sale

• Co intends to use net offering proceeds for working capital and other general corporate purposes

• BMO and Scotiabank joint bookrunners

• Dakota has over 48 thousand acres surrounding Homestake Mine in South Dakota and an option to acquire 4,261 acres of surface rights with attendant facilities and data held by Homestake Mining Company, a subsidiary of Barrick

• Dakota has ~116.2 mln shares outstanding, per the prospectus

• DC shares on Mon rose ~9%, putting them up 16% YTD. Stock closed at $3.12 a year ago

• All 4 analysts rate the stock "buy"; median PT $9.88, per LSEG data
(Lance Tupper is a Reuters market analyst. The views expressed are his own)

• U.S.-listed shares of silver miners fall premarket, tracking losses in the white metal's prices [GOL/]

• Spot silver slips 1.2% to $82.39 per ounce

• Prices fall as improved risk appetite lifts global equities, while investors await key U.S. economic data later this week that could shape the Federal Reserve's interest-rate decisions

• Hecla Mining and Coeur Mining both fall ~1%

• Canadian miner Endeavour Silver down 1.2%

• Abrdn Physical Silver Shares ETF and iShares Silver Trust ETF both fall 2%
(Reporting by Dharna Bafna in Bengaluru)

• There are a combination of factors that point to a bigger dollar slide

• Yen extends gains after Takaichi election victory, US data in focus

• A bearish engulfing pattern formed on the USD/JPY chart, which is ominous

• A large black candle on Monday completely engulfs a smaller white candle from Friday

• USD/JPY has dropped from 156.30 to 155.09, on Tuesday, on the EBS

• However, USD/JPY's downside in the short-term is limited by the daily cloud that spans 154.72-156.24

•
Correlation Chart


Daily Chart


Correlation Chart


Correlation Chart


Daily Chart


Correlation Chart


Daily Chart


(Martin Miller is a Reuters market analyst. The views expressed are his own)

Feb 10 (Reuters) - With UK government ministers and potential leadership rivals all giving their backing to Britain's Prime Minister Keir Starmer on Monday, the GBP-negative risk of an immediate Labour leadership challenge has passed.

However, that risk will rise again if Labour's Angeliki Stogia gets a meagre share of the vote in the Gorton and Denton by-election on February 26. If she does, Starmer will be blamed - especially as the PM helped to block Andy Burnham from standing as Labour's candidate in the constituency (the received wisdom is that Labour would have a better chance of retaining the seat it won with a large majority in the 2024 general election if Burnham was standing as the governing party's candidate). EUR/GBP rose to threaten January's 0.8745 high on Monday as the pound weakened on the call for Starmer to quit from Scottish Labour leader Anas Sarwar. Sterling then rallied on the apparently coordinated show of support for Starmer from his cabinet ministers and Angela Rayner - the bookies' favourite to be Labour's next leader.

Related:
EURGBP


(Robert Howard is a Reuters market analyst. The views expressed are his own)

• Cable has traded a 27 pip range thus far Tuesday; 1.3668-1.3695

• 1.3700 was Monday high, as GBP benefitted from a show of support for Starmer

• UK ministers, potential leadership rivals, backed PM Starmer on Monday

• 1.3622 was low after Scottish Labour leader called on Starmer to quit

• Gorton and Denton by-election on February 26 will be big test for Starmer

• Dollar was negatively impacted by China-UST report on Monday

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

(Amends 2nd bullet for clairty)

• Speculators have established one of the largest ever bets on the euro rising

• This $24 billion wager has been built without a convincing rise above key 1.20

• With so many potential sellers, harder for EUR/USD to sustain a rise

• If 1.20 does buckle long positions will provide drag, slow gains

• Should EUR/USD fail to hurdle 1.20, there is lots to fuel a correction

• Yen is an effective way to hedge stretched Nikkei rally

•
EURUSD and betting


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

• Shares of gold miner Zhaojin Mining Industry fall as much as 8.7% to HK$31.6, their lowest level since January 5

• Stock on track for biggest one-day pct drop since January 30; top pct loser in Hang Seng Composite Index tracking material stocks , which is up 0.5%

• Seven people were killed in a gold mine accident in China's eastern Shandong province, and authorities are investigating, state-run CCTV reported

• The accident occurred on Saturday when a cage fell down a mine shaft, CCTV reported on Monday

• The mine is owned by Zhaojin Mining, according to Qichacha company registry

• A person who answered Zhaojin's main phone line told Reuters that the matter was under investigation and declined to answer further questions

• YTD, stock up 4.7%, benchmark Hang Seng Index up 5.8%

(Reporting by Donny Kwok)

• AUD/USD +1.1% wtd as Hawkish RBA & positive yield differential support pair

• Westpac Feb consumer confidence index softens as prospect of RBA cuts weigh

• AUD targeting 0.7158 resistance zone, break above will invigorate bull run

• RBA Governor Bullock appearing before Senate Economics Committee Thur

• U.S. Jan non-farm payrolls due Wed, Reuters poll consensus +70k

• U.S. retail sales Tue, unemployment Wed, jobless claims Thur & CPI Fri

• Range Asia 0.70765-95, support 0.6895-00 0.6660, resistance 0.7158
AUD Daily 200-DMA & DXY Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)

• GBP/USD consolidates in Asia as dollar remains under pressure

• Slowing U.S. jobs growth, fall in 1-year inflation expectations weigh on USD

• U.S. retail sales Tue, jobs data Wed and CPI Fri key for Fed expectations

• Political and fiscal concerns, dovish BoE expectations limit GBP upside

• UK Q4 GDP, Dec trade, industrial and manufacturing output data due this week

• EUR/GBP consolidates near 3-week high hit Mon as BoE-ECB policy diverge

• Resistance 1.3700, 1.3730-35, support 1.3620-30; Asia range 1.3673-1.36845
GBP:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

• AUD/USD -0.25% Tue as Westpac consumer confidence index continues to slide

• Consumer sentiment -2.6% in Feb, now down a cumulative 12.8% since Nov

• Pair remains near 3-year highs and likely to resume upwards trajectory

• Hawkish RBA & positive yield differential has 0.7158 target within reach

• U.S. Jan non-farm payrolls due Wed, Reuters poll consensus +70k

• U.S. retail sales Tue, unemployment Wed, jobless claims Thur & CPI Fri

• Range Asia 0.7081-95, support 0.6895-00 0.6660, resistance 0.7158
AUD Hourly Bollinger Study

(James Connell is a Reuters market analyst. The views expressed are his own.)

• GBP/USD cautiously bid in Asia after closing 0.6% higher on Monday

• White House economic adviser Kevin Hassett's comments weigh on USD

• Hassett says U.S. job gains could be lower in coming months

• Aligns with Fed's assessment of labour market, reinforces rate expectations

• Political and fiscal concerns, dovish BoE expectations limit GBP upside

• EUR/GBP rallies to a 3-week high on BoE-ECB policy divergence

• Resistance 1.3700, 1.3730-35, support 1.3620-30; Mon range 1.3585-1.3696
GBP:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

• USD/CNH ended 6.9155, near Monday's 2-1/2 year low 6.9148

• Downturn led by USD/JPY, exacerbated by risk-on in stocks

• UST yields subsided after initial pop, also weighing DXY

• USD/CNH now likely to test 6.9000 sooner rather than later

• French advisers urge weaker EUR or China tariffs

• But they acknowledge difficulty in imposing such measures
CNH


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)

Barclays Research maintains a bearish bias on CAD vs Commodity FX.

"CAD's sizable rally versus the dollar notwithstanding, the CAD continues to underperform other commodity currencies due to the continued geopolitical friction with the US," Barclays notes.

"An expansionary budget and ample monetary stimulus ought to support Canadian growth in the coming quarters, but equally, the CAD remains vulnerable to geopolitical risks. This makes the conclusion of a more-lasting trade deal (or truce, at a minimum) with the US essential for a sustained, broad-based rebound," Barclays adds.

• Dakota Gold shares down 5.8% in

extended trading to $6.21 as it looks to raise equity

• Lead, South Dakota-based gold miner $75 mln stock offering

• Co intends to use net offering proceeds for working capital and other general corporate purposes

• BMO and Scotiabank are lead bookrunners

• Dakota has over 48 thousand acres surrounding Homestake Mine in South Dakota and an option to acquire 4,261 acres of surface rights with attendant facilities and data held by Homestake Mining Company, a wholly owned subsidiary of Barrick Mining

• With ~116.2 mln shares outstanding, per the prospectus, Dakota has roughly $770 mln market cap

• DC shares on Mon closed up 9.3% at $6.59, up 16% YTD. Stock has more than doubled over the past 12 months

• All four analysts rate shares "buy"; median PT is $9.88, per LSEG data
(Lance Tupper is a Reuters market analyst. The views expressed are his own)

• AUD/USD +1.2% late Mon after hitting 0.7099, highest level in over 3-years

• Hawkish RBA & positive yield differential puts 0.7158 target within reach

• USD & UST yields softer amid growing U.S. labour market concerns

• White House adviser Kevin Hassett anticipates slowing jobs growth

• U.S. Jan non-farm payrolls due Wed, Reuters poll consensus +70k

• U.S. retail sales Tue, unemployment Wed, jobless claims Thur & CPI Fri

• Overnight range 0.7014-99, support 0.6895-00 0.6660, resistance 0.7158
AUD Weekly 52-WMA

(James Connell is a Reuters market analyst. The views expressed are his own.)

• Eikon search string for individual stock moves: [STXBZ]

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The S&P 500 and the Nasdaq gained after a shaky start on Monday, finding their footing following last week's AI-sparked tech rout, while investors focused on key economic data that could shed light on the Federal Reserve's interest-rate path. [.N] At 13:30 EST, the Dow Jones Industrial Average was down 0.05% at 50,092.12.The S&P 500 was up 0.44% at 6,964.06, and the Nasdaq Composite

was up 0.85% at 23,225.82.

The top three S&P 500 percentage gainers:

• Applovin Corp , up 14.0%

• Oracle Corp , up 11.2%

• Ciena Corp , up 7.5%

The top three S&P 500 percentage losers:

• Waters Corp , down 11.9%

• Workday Inc , down 6.3%

• Arthur J. Gallagher & Co. , down 5.3%

The top three NYSE percentage gainers:

• Valaris Ltd , up 33.0%

• DHI Group Inc , up 30.7%

• Zepp Health Corp , up 24.6%

The top three NYSE percentage losers:

• Kyndryl Holdings Inc , down 54.6%

• Gray Media Inc , down 19.8%

• Lanvin Group Holdings Ltd , down 19.3%

The top three Nasdaq percentage gainers:

• Borealis Foods Inc , up 127.4%

• MDJM Ltd , up 83.2%

• CCH Holdings Ltd , up 70.3%

The top three Nasdaq percentage losers:

• Scantech AI Systems Inc , down 35.4%

• Polaryx Therapeutics Inc , down 32.1%

• Ming Shing Group Holdings Ltd , down 30.1%

• Novo Nordisk A/S : BUZZ - Extends gains as Hims abandons $49 weight-loss pill

• Hims & Hers Health Inc : BUZZ - Sinks to over-one-year low after Novo Nordisk patent-infringement lawsuit

• Tegna Inc : BUZZ - Rises after Trump backs merger with Nexstar Media

• Kroger Co : BUZZ - Gains after naming former Walmart exec Greg Foran as CEO

• Hecla Mining Co :

• Coeur Mining Inc :

• Endeavour Silver Corp :

• Silvercorp Metals Inc :

BUZZ - Silver miners rise on weaker dollar

• Microsoft Corp : BUZZ - 'AI is eating Microsoft,' says Melius, downgrades to 'hold'

• TransDigm Group Inc : BUZZ - Jefferies lifts TransDigm PT on thrust from deals, aircraft production

• Cleveland-Cliffs Inc : BUZZ - Falls after Q4 revenue miss

• Once Upon a Farm PBC : BUZZ - Jumps after first-day pop

• Becton Dickinson and Co : BUZZ - Falls after lowering 2026 profit forecast

• Illinois Tool Works Inc : BUZZ - Barclays raises Illinois Tool Works' PT on signs of demand momentum

• Emerson Electric Co : BUZZ - Stephens raises Emerson Electric's PT on orders strength

• Kyndryl Inc : BUZZ - Plummets after flagging financial reporting weakness, CFO exit

• Momentus Inc : BUZZ - Jumps on partnership with NASA

• Transocean Ltd : BUZZ - Shares drop on $5.8 billion buyout of Valaris

• Sally Beauty Holdings Inc : BUZZ - Falls after forecasting annual profit below estimates

• Workday Inc : BUZZ - Co-founder to return as CEO, shares slide

• Old Dominion Freight Line Inc : BUZZ - Citi downgrades Old Dominion to 'neutral', sees rising competition

• Merchants Bancorp : BUZZ - Jumps on S&P SmallCap inclusion

• Expand Energy Corp : BUZZ - Falls on CEO exit

• Edgewell Personal Care Co : BUZZ - Falls after annual profit forecast cut

• Waters Corp : BUZZ Falls on weak quarterly profit outlook

• Terawulf Inc :

• Cipher Mining Inc : BUZZ - Jump as Morgan Stanley starts with "overweight" rating

• Vizsla Silver Corp : BUZZ - Falls after abducted Mexico workers found dead

• Apollo Global Management Inc : BUZZ - Shares rise on xAI loan report, Q4 profit beat

• Dynatrace Inc : BUZZ - Climbs after beat-and-raise quarter, $1 billion stock buyback

• Uber Technologies Inc : BUZZ - To aquire Turkey's Getir delivery business; shares slip

• Newmont Corp :

• Gold Fields Ltd :

• Harmony Gold Mining Co Ltd :

• AngloGold Ashanti PLC :

BUZZ - Gold miners gain as bullion rises on softer dollar

• Microchip Technology Inc : BUZZ - Dips on planned $600 million convertible bonds offering

• Hain Celestial Group Inc : BUZZ - Sinks on Q2 loss

• Playboy Inc : BUZZ - Soars after selling 50% stake in China business

• Ciena Corp : BUZZ - Shares surge in first day of trading in S&P 500

• Coca-Cola Co : BUZZ - Q4 EPS, rev seen rising

Index RIC Index name Percent change %

S&P 500 0.46

S&P 500 1.46

Information

Technology

S&P 500 0.07

Utilities

S&P 500 -0.09

Consumer

Discretionary

S&P 500 0.95

Materials

S&P 500 0.33

Industrials

S&P 500 0.88

Communication

Services

(Sector)

S&P 500 -0.32

Financials

S&P 500 Real 0.3

Estate

S&P 500 Health -0.97

Care

S&P 500 -1.2

Consumer

Staples

S&P 500 Energy 0.68 ​

(Compiled by Rajarshi Roy and Dharna Bafna)

Morgan Stanley Research discusses its tactical GBP outlook.

"We remain bearish on GBP on crosses, though think GBP/USD has more of a neutral outlook given our bearish skew on USD. Last week's dovish BoE meeting has led investors to price in a deeper cutting cycle from the MPC and we think has accelerated the time when GBP will lose its carry advantage - arguably the key support for the currency. Meanwhile, investors continue to debate the distribution of risks around fiscal policy, which has added term premium to long-end gilts," MS notes.

"We think this twist-steepening in the yield curve should continue to put upward pressure on EUR/ GBP and we continue to recommend call spreads to express a view that EUR/GBP will rally towards the top end of its technical range," MS notes.