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US Stocks Falling Midday, On Pace For Worst Session Since June

Aug 15, 2018

US Market Snapshot                                                                                                                                                        Start Your Free Trial Today

  • US equity markets have been roiled by numreous factors including escalating US-Turkey tensions, slowing Chinese economic growth, disappointing corporate earnings results, and a broad weakness in comoodity prices
  • The S&P 500 is currently down 1.12%, Nasdaq Composite is down 1.44%, and Russell 2000 is down 1.33%
  • Consumer Discretionary (-1.43%), Financials (-0.65%), and Materials (-2.27%) stocks are the worst performers in the S&P 500 today
  • Real Estate (+0.67%), Energy (-3.14%), and Utilities (+1.07%) stocks are the best performers in the S&P 500 today
  • Investor sentiment for US stocks is negative with the advance/decline ratio for the S&P 500 currently at 0.32x
  • 56 stocks in the S&P500 are at 4-week highs while 26 stocks are at 4-week lows
  • 22 stocks in the S&P 500 are overbought while 17 stocks are oversold according to the 16-day RSI Measure
  • 146 stocks in the Nasdaq Composite are at 4-week highs while 182 stocks are at 4-week lows
  • 277 stocks in the Nasdaq Composite are overbought while 315 stocks are oversold according to the 16-day RSI Measure
  • The VIX is currently moving up at 16.14 from yesterday's close of 13.31

US Treasuries

  • US 2-Year Treasury Notes are higher with yields down -3.71 basis points to 2.5999%
  • US 5-Year Treasury Bonds are higher with yields down -4.58 basis points to 2.7261%
  • US 10-Year Treasury Bonds are higher with yields down -4.16 basis points to 2.8569%
  • The US Treasury 2s-5s Spread has narrowed 0.87 basis points to 0.13%
  • The US Treasury 2s-10s Spread has narrowed 0.45 basis points to 0.26%
  • US Treasury 5s-10s Spread has widened 0.42 basis points to 0.13%

Currencies

  • EUR€ is currently little changed against the USD$ at 1.1337
  • GBP£ is currently down 0.196% against the USD$ to 1.2698
  • CHF is currently little changed against the USD$ at 1.0054
  • JPY¥ is currently down 0.459% against the USD$ to 110.64

Commodities

  • WTI Crude is currently down -3.48% to USD$64.71/bbl with the Brent-WTI spread up USD$1.1 to USD$4.96/bbl
  • Gold is currently down -1.48% to USD$1176.47/oz

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

Alibaba Group (BABA) and JD.com Inc (JD) shares are down 2.98% and 6.29%, respectively, after Tencent’s (TCEHY) earnings miss has raised investor concerns regarding Chinese technology stocks
Chipotle Mexican Grill (CMG) has risen 5.71% today to $521.44, after the company was upgraded at Morgan Stanley from equal weight to an overweight rating. Morgan Stanley has raised its price target for Chipotle from $413 to $600
Constellation Brands Inc (STZ) has announced that it is taking a $3.8 billion stake in Canadian cannabis grower Canopy Growth Corp, an attempt to capitalize on the potential legalization of marijuana in the US. Shares of Constellation Brands have fallen 7.42% today, while Canopy Growth Corp is trading 26.41% higher
Western Digital Corp (WDC) has declined 2.22% to $63.55 today, after the company was downgraded to market perform from an outperform rating at Cowen

Data in Price Return, Source: Stockdio

S&P 500 Sector ETFs - Intraday

Data in Price Return, Source: Stockdio

Russell 1000 Factor ETFs - Intraday 

Data in Price Return, Source: Stockdio

S&P 500 Movers

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Outperformers Sector Price 1D% CHG Volume
Chipotle Mexican Grill Inc Consumer Discretionary 522.82 5.45% 141,599
Kimberly-Clark Corp Consumer Staples 115.47 4.13% 408,835
Boston Scientific Corp Health Care 34.9 2.80% 1,288,355
PG&E Corp Utilities 43.76 2.24% 263,578
Clorox Co/The Consumer Staples 144.89 2.09% 99,834
Underperformers Sector Price 1D% CHG Volume
Macy's Inc Consumer Discretionary 35.84 -13.87% 3,300,845
Freeport-McMoRan Inc Materials 13.5 -9.59% 3,294,689
Constellation Brands Inc Consumer Staples 205.89 -7.63% 766,708
Kohl's Corp Consumer Discretionary 73.88 -6.35% 337,537
Nordstrom Inc Consumer Discretionary 51.76 -5.59% 196,303