Midday Market Update

May 24, 2018

US Market Snapshot

US stocks are falling today, with the S&P 500 (-0.41%), Russell 2000 (-0.02%), and the Nasdaq Composite (-0.23%).

The S&P 500 is being led lower today by Energy (-1.51%), Financials (-0.87%), and Real Estate (-0.55%), while Utilities (+0.56%), Industrials (+0.41%), and Consumer Discretionary (+0.05%) are the biggest outperforming 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.

Cato Corp (CATO) posted 1Q2018 EPS of $0.94, which was $0.07 below consensus ($0.87 anticipated).

Celgene (CELG) shares are trading 2.37% higher after the company announced plans to repurchase up to $2 billion in shares, in addition to a previously planned $3 billion repurchase.

Luxoft Holdings (LXFT) reported 4Q2017 EPS that was slightly below expectations ($0.59 vs $0.60 projections). Luxoft shares are trading 22.86% lower.

Netflix (NFLX) is now the most valuable media company in the world in terms of market cap, surpassing Walt Disney Co (DIS), after Netflix’s shares rose 1.6% today and its market cap reached $152 billion.

Toro Co (TTC) released 2Q2018 EPS that was modestly above estimates ($1.21 vs $1.19 forecasted).