Latest from the Quantamize Blog

Midday Market Update

May 17, 2018

US Market Snapshot

US stocks are mixed today, with the S&P 500 (+0.00%), Russell 2000 (+0.50%), and the Nasdaq Composite (-0.11%).

The S&P 500 is being led higher today by Energy (+1.41%), Industrials (+0.51%), and Telecom (+0.42%), while Utilities (-0.68%), Real Estate (-0.39%), and Technology (-0.29%) are the biggest lagging sectors.

*Data in Price Return 

S&P 500 Sector ETFs - Intraday

*Data in Price Return 

Russell 1000 Factor ETFs - Intraday 

*Data in Price Return 

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

American International Group (AIG) is up 1.73% today after the stock was upgraded from neutral to a buy rating at UBS, with a price target set at $65.

Dubai Aerospace Enterprise is reportedly in negotiations with Airbus (ENXTPA:AIR) and Boeing (BA) and is looking to purchase a total of 400 single-aisle jets.

Dillard’s (DDS) released 1Q2018 EPS of $2.89, ahead of expectations ($2.77 projected).

Molson Coors Brewing Company (TAP) has been downgraded from a buy to a hold rating at Stifel, with price targets lowered from $71 to $65.

Tianqi Lithium Corp has reportedly agreed to acquire a $4.1 billion stake in Lithium Corp (LTUM).

A Wells Fargo (WFC) internal investigation revealed that employees in its wholesale business unit altered the information on customer records, without the knowledge or consent of these customers. The documents were reportedly changed to satisfy anti money laundering regulations.