End of Day Market Update

May 23, 2018

US Markets End of Day Snapshot

US stocks reversed earlier losses and ended higher for the day, with the S&P 500 (+0.32%), Russell 2000 (+0.15%), and the Nasdaq Composite (+0.64%).

The S&P 500 was led higher today by Utilities (+0.91%), Real Estate (+0.81%), and Technology (+0.74%), while Telecom (-0.66%), Financials (-0.64%), and Materials (-0.23%) were the biggest lagging 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.

Eli Lilly & Co (LLY) has reportedly made an acquisition offer for ARMO BioSciences (ARMO) of $55 per share, above Armo’s current trading price of $49.90

L Brands Inc (LB) posted 1Q2018 EPS that slightly beat forecasts ($0.17 vs $0.15 consensus).

NetApp Inc (NTAP) reported 4Q2017 EPS that was modestly above expectations ($1.05 vs $1.01 projected).

Synopsys Inc (SNPS) released 2Q2018 EPS that was in-line with the consensus ($1.08 vs $1.08 anticipated).

United Technologies (UTX) is reportedly planning to higher an additional 35,000 employees and invest $15 billion into expanding its US operations over the next 5 years.

William-Sonoma (WSM) announced 1Q2018 EPS that was higher than forecasted ($0.67 vs $0.58 consensus).