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End of Day Market Update

Jun 12, 2018

US Markets End of Day Snapshot

US markets were mostly higher today, on a relatively quiet day as the market awaits the FOMC decision tomorrow afternoon. The S&P 500 +0.17%, Russell 2000 +0.46%, and Nasdaq Composite +0.57% were all higher. The S&P 500 was led higher today by Telecom (+1.34%), Utilities (+1.15%), and Real Estate (+0.56%), while Energy (-0.76%), Financials (-0.25%), and Industrials (-0.10%) were the biggest lagging sectors.  The VIX was little changed today, falling 1 basis point, or -0.08%, to 12.34. The most actively traded options in US markets today were SPY June 15 OTM Puts, QQQ June 15 ATM Puts, and SPY June 13 OTM Calls. The US 10-year yield was little changed, up 0.4 basis points to 2.962%. The USD$ is higher for the day, reversing earlier losses, gaining against CAD$, JPY¥, GBP£, EUR€, AUD$, CHF and declining against SEK.

*Data in Price Return, Source: Stockdio

S&P 500 Sector ETFs - End of Day

*Data in Price Return, Source: Stockdio

Russell 1000 Factor ETFs - End of Day

*Data in Price Return, Source: Stockdio

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

AT&T’s (T) $85 billion acquisition proposal for Time Warner Co (TWX) has received clearance from US District Judge Richard Leon. Leon rejected the US Justice Departments attempts to block the merger.

Casey’s General Stores (CASY) posted 4Q2018 EPS that was well below consensus ($0.51 vs $0.69 forecasted).

H&R Block (HRB) reported 4Q2018 EPS that was significantly higher than expected ($5.43 vs $5.27 consensus). H&R Block’s shares are up 0.51% post-market to $29.75 per share.

Science Applications Inc (SAIC) reported 1Q2018 EPS that was above projections ($1.13 vs $1.04 estimated).

Tesla Inc (TSLA) is cutting 9% of its workforce, as the company pushes for profitability in 2H2018. Almost all of the employees set to be terminated are salaried workers.