-- Consumer staples stocks were advancing about 0.5% in midday trading Tuesday, posting a very thin lead over gains for information technology shares.
Woolworths Group (ASX:WOW) was up nearly 1% and Coles Group (ASX:COL) rose less than 1%.
On the flip side, energy stocks were down 1% as oil prices trended lower amid hopes that Iran will join a second round of peace negotiations with the US.
Woodside Energy Group (ASX:WDS) was shedding almost 2%, while Santos (ASX:STO) was down more than 1%.
McKesson (MCK) has an average rating of overweight and mean price target of $997.53, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $840.29, Change: $-1.96, Percent Change: -0.23%
Elbit Systems (ESLT) said Wednesday it was awarded several contracts totaling about $200 million by the Israel Ministry of Defense.The contracts, which were awarded during the joint military US-Israel military campaign against Iran, were for the delivery of advanced airborne munitions to the ministry, the company said.Price: $881.50, Change: $+16.02, Percent Change: +1.85%
Diamondback Energy (FANG) has an average rating of overweight and mean price target of $222.90, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $190.32, Change: $+0.51, Percent Change: +0.27%