Midday Market Update

May 25, 2018

US Market Snapshot

US stocks are mixed today, with light volumes heading into the holiday weekend. The S&P 500 (-0.26%) is declining, the Russell 2000 (-0.04%) is flat, and the Nasdaq Composite (+0.24%) is advancing. 
 

The S&P 500 is being led lower today by Energy (-3.24%), Materials (-0.49%), and Telecom (-0.36%), while Real Estate (+0.68%), Consumer Discretionary (+0.50%), and Consumer Staples (+0.44%) 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.

Colgate-Palmolive (CL) has been upgraded to a buy from a hold rating at Argus. Significant dividend growth has been cited as the catalyst for the rating change. Colgate-Palmolive shares are trading 2.22% higher.

Daimler AG (XTRA:DAI) is in conversation with German regulators regarding potential “emissions irregularities” in the company’s Mercedes-Benz product line.

Facebook Inc (FB) is reportedly designing computer-chips that will be more energy-efficient and better able to analyze and filter live video content.

Fiat Chrysler Automobiles NV (BIT:FCA) will reportedly recall 4.8 million US vehicles to correct a software error that prevents drivers from deactivating their cruise control. Shares of Fiat Chrysler are trading 1.91% lower today.

Herbalife Nutrition’s (HLF) stock is down 9.95% in today’s trading after Carl Icahn, the largest shareholder of Herbalife stock, announced that he will be selling 25% of his holdings in the company.

Raytheon Co (RTN) has acquired a $395.8 million contract from the US Army, under which Raytheon will produce Romani’s Patriot Air and Missile Defense System.