Midday Market Update

May 30, 2018

US Market Snapshot

US stocks are higher today, bouncing back after yesterday's selloff, with the S&P 500 (+1.20%), the Russell 2000 (+1.46%), and the Nasdaq Composite (+0.83%). The S&P 500 is being led higher today by Energy (+2.80%), Financials (+1.84%), and Health Care (+1.56%), while Telecom (+0.21%), Utilities (+0.31%), and Technology (+0.71%) 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.

Allergan Plc (AGN) will be selling its women’s health and antibiotic divisions, according to CEO Brent Saunders, as the company focuses on other therapeutic areas. 

CVS Health (CVS) is facing lawsuits in federal district courts in Florida, which accuse the company of violating antitrust laws.

Pfizer Inc (PFE) stock is up 1.01% after the FDA provided approval for the company’s Tofacitinib branded drug, used to treat ulcerative colitis. 

Snap Inc (SNAP) shares are 4.44% higher today on reports that it is partnership with Indian advertisement technology firm Tyroo.

Zynga (ZNGA) has acquired mobile game developer Gram Games for $250 million.

European Stocks at the Close 

European stocks ended mostly higher today, bouncing back slightly after yesterday's sell-off, with the Euro Stoxx 600 (+0.25%), FTSE 100 (+0.75%), DAX (+0.93%), while the CAC40 (-0.20%) fell today. Periphery markets rallied today, with Italy's FTSE MIB (+2.09%), Portugal's PSI 20 (+1.39%), Spain's IBEX (+0.47%), and Greece's ASE (+1.52%).