US stocks finished mixed ahead of the government funding bill vote at the House, while oil slipped on oversupply concerns – Newsquawk Asia-Pac Market Open

Key Topics in this News Article:
News Snapshot:

US stocks were mixed in which the SPX, NDX, and RUT closed little changed, but the DJI saw strong outperformance thanks to upside in heavyweights UnitedHealth (UNH) and Goldman Sachs (GS). Cisco (CSCO) also saw upside ahead of earnings. Breadth was more positive with the RSP rising while sectors were varied as Health Care, Financials and Materials outperformed, but Energy, Communication and Consumer Discretionary lagged. Tech was flat despite the upside in AMD (AMD) after its analyst day. Elsewhere, crude prices plummeted with pressure seen in the wake of a report that Russia is open to speaking to Ukraine, while…