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US Stocks Close Higher, With A Rotation Into Defensive Stocks

Aug 17, 2018

US Markets End of Day Snapshot                                                                                                                                  Start Your Free Trial Today

  • Defensive stocks were the best performers in the S&P 500 this week, with telecommunications (+3.7%), consumer staples (+3.3%), and utilities stocks (+2.80%) providing the best returns. The S&P was up +66bps for the week
  • The S&P 500 finished today's session up 0.33%, Nasdaq Composite up 0.13%, and Russell 2000 up 0.43%
  • Real Estate (+0.96%), Materials (+0.74%), and Consumer Staples (+0.67%) stocks were the top performers in the S&P 500 today
  • Financials (+0.21%), Tech (+0.18%), and Consumer Discretionary (+0.12%) stocks were the worst performers in the S&P 500 today
  • Investor sentiment for US stocks finished positive with the advance/decline ratio for the S&P 500 closing at 3.59x
  • 87 stocks in the S&P 500 hit 4-week highs while 11 stocks reached 4-week lows
  • 44 stocks in the S&P 500 closed overbought while 20 stocks closed oversold according to the 16-day RSI Measure
  • 116 stocks in the Nasdaq Composite hit 4-week highs while 178 stocks reached 4-week lows
  • 244 stocks in the Nasdaq Composite closed overbought while 235 stocks closed oversold according to the 16-day RSI Measure
  • The VIX finished flat at 12.84 after closing at 13.45 yesterday

Stocks Trending in the News

Click on name for Q-Factor score and financial data.

Applied Materials (AMAT) traded 7.72% lower today to $43.77, after a number of analysts lowered their estimates and price targets for the company following the release of its disappointing F4Q2018 earnings guidance
First Data Corp (FDC) finished 2.90% higher to $24.86, after S&P raised its credit rating for the company to BB-, up from a B+ rating
SJW Group (SJW) declined 7.41% today, after California Water withdrew its $70/share bid to acquire the company, after the deal was rejected by SJW’s board
Zoe’s Kitchen (ZOES) was acquired by private equity firm CAVA for $300 million. Zoe’s Kitchen stock advanced 33.26% to $12.74

US Treasuries

  • US 2-Year Treasuries higher with yields down 0.84 basis points to 2.608%
  • US 5-Year Treasuries are flat with yields unchanged at 2.7413%
  • US 10-Year Treasury Bonds are higher with yields down 0.36 basis points to 2.8623%
  • The US Treasury 2s-5s Spread has widened 0.84 basis points to 0.13%
  • The US Treasury 2s-10s Spread has widened 0.48 basis points to 0.25%
  • US Treasury 5s-10s Spread has narrowed 0.36 basis points to 0.12%

Currencies

  • EUR€ is up 0.554% against the USD$ in after hours to 1.144
  • GBP£ is up 0.26% against the USD$ in after hours to 1.2749
  • CHF is up 0.16% against the USD$ in after hours to 1.0047
  • JPY¥ is down 0.334% against the USD$ in after hours to 110.53

Commodities

WTI Crude is up 0.69% to USD$65.91/bbl with the Brent-WTI spread little changed USD$0.15 to USD$4.97/bbl
Gold is up 0.86% to USD$1184.25/oz

Data in Price Return, Source: Stockdio

S&P 500 Sector ETFs - End of Day

Data in Price Return, Source: Stockdio

Russell 1000 Factor ETFs - End of Day

Data in Price Return, Source: Stockdio

S&P 500 Movers

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Outperformers Sector Price 1D% CHG Volume
Nordstrom Inc Consumer Discretionary 58.2 13.20%      1,197,401.00
Coty Inc Consumer Staples 12 6.45%          527,942.00
Perrigo Co PLC Health Care 73 3.64%          409,308.00
Quanta Services Inc Industrials 34.1 2.89%          327,518.00
Cardinal Health Inc Health Care 51.9 2.87%          638,264.00
Underperformers Sector Price 1D% CHG Volume
Applied Materials Inc Information Technology 44.3 -7.72%      7,757,097.00
NVIDIA Corp Information Technology 246 -4.90%      4,649,054.00
Gilead Sciences Inc Health Care 73 -3.53%      1,397,759.00
ABIOMED Inc Health Care 359 -2.75%          158,805.00
Lam Research Corp Information Technology 170 -2.51%      1,685,334.00