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End of Day Market Update

May 24, 2018

US Markets End of Day Snapshot

US stocks sold off behind the news of President Trump cancelling the US-North Korea summit, but rebounded from their earlier lows before the close. Major US markets ended mixed, with the S&P 500 (-0.20%), the Russell 2000 (+0.04%), and the Nasdaq Composite (-0.02%).

The S&P 500 was led lower today by Energy (-1.68%), Financials (-0.78%), and Telecom (-0.49%), while Utilities (+0.82%), Industrials (+0.53%), and Consumer Discretionary (+0.22%) 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.

Autodesk (ADSK) reported 1Q2018 that was modestly higher than the consensus ($0.06 vs $0.03 projected).

Canopy Growth Co (TSX:WEED), which became the first legal-cannabis firm to trade on the NYSE, closed trading 6.22% lower.

Decker’s Outdoor (DECK) shares are trading 5.53% higher post-market after the company reported 4Q2017 EPS that was significantly above expectations ($0.50 vs $0.19 anticipated).

DXC Technology’s (DXC) stock is up 2.81% after the close, following the company’s release of 4Q2017 EPS that beat estimates ($2.28 vs $2.14 consensus).

ePlus (PLUS) reported 4Q2017 EPS that was softer than expected ($0.93 vs $0.96 projected).

Gap Inc’s (GPS) 1Q2018 EPS came in moderately below estimates ($0.42 vs $0.46 anticipated). Gap’s shares are trading down 5.34% post-market.

Ross Stores (ROST) announced 1Q2018 EPS that was higher than consensus ($1.11 vs $1.07 forecasted).