Latest from the Quantamize Blog

End of Day Market Update

May 15, 2018

US Markets End of Day Snapshot

Large-cap and tech stocks finished lower today, while small-cap stocks finished unchanged, with the S&P 500 (-0.68%), Russell 2000 (0.00%), and the Nasdaq Composite (-0.81%).

The S&P 500 was led lower today by Real Estate (-1.69%), Health Care (-1.29%), and Technology (-0.94%), while Energy (+0.03%), Financials ( -0.18%), and Telecom ( -0.20%) were the biggest outperforming sectors.

*Data in Price Return

S&P 500 Sector ETFs - End of Day

*Data in Price Return

Russell 1000 Factor ETFs - End of Day

*Data in Price Return

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

Apple Inc (AAPL) is seeking $1 billion from Samsung Electronics Co. (005930 KS), citing patent infringement as the cause for the suit.

If Comcast’s (CMCSA) acquisition bid for 21st Century Fox (FOXA) is successful, Comcast would be the second-most indebted non-financial firm and would carry $164 billion in debt (only AT&T would have more). Comcast currently has debt outstanding valued at nearly $65 billion.

According to a Bloomberg report, Facebook Inc (FB) was the most popular US stock among hedge funds in 1Q2018. Hedge funds purchased a net total of $1.37 billion worth of Facebook stock in the first quarter.

FirstEnergy (FE) CEO Charles Jones announced that the company plans to invest $4.8 billion between now and 2021 to upgrade and modernize FirstEnergy’s transmission system.

Intel Corp (INTC) is investing $5 billion to upgrade its manufacturing operations in Israel. Intel also plans to buy local companies and employ 250 additional people. The investments will begin this year and run through 2020.

Kellogg (K) will no longer be operating in Venezuela and is blaming the country’s “economic and social deterioration” as the cause for the Kellogg’s decision to withdraw.

Medley Management Inc (MDLY) announced a $0.20 per share dividend for the first quarter.