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End of Day Market Update

Jun 27, 2018

US Markets End of Day Snapshot                                                                                                                                                               Start Your Free Trial Today

After being mostly positive earlier in today’s trading, US stocks finished broadly lower with the S&P 500 -0.86%, the Nasdaq Composite -1.54%, the Russell 2000 -1.68%, and the Dow Jones Industrial -0.68% Information technology (-1.45%), consumer discretionary (-1.29%), and financials stocks (-1.26%) weighed the S&P 500 down, while energy (+1.34%), utilities (+0.58%), and telecommunications stocks (+0.04%) were the biggest outperformers. The VIX finished higher by 184 basis points, or 11.56%, to 17.80. Yield on the US 10-year fell 5.1 basis points to 2.826%. The USD$ index was stronger today, with the EUR€ (-0.76%), GBP£ (-0.82%), CAD$ (-0.37%), and AUD$ (-0.73%) all weaker against the greenback. The most actively traded options today were SPY June 29 OTM Calls, VXX July 20 OTM Calls, QQQ June 29 OTM Calls, and EEM September 21 OTM Calls.

*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.

Bed Bath & Beyond (BBBY) reported 1Q2019 EPS that was in-line with the consensus ($0.32 v $0.32 projected, but company’s 1Q2019 same store sales grew less than expected on a M/M basis (-0.6% vs +0.1% anticipated). Shares of Bed Bath & Beyond are trading 5.60% lower to $19.05 post-market

CalAmp Corp (CAMP) announced 1Q2018 EPS that was relatively in-line with expectations ($0.29 vs $0.28 projected)

Global Blood Therapeutics (GBT) shares traded 15.63% higher today, following growing optimism about the company’s decision to bring a once-daily pill for sickle-cell anemia pill to market much faster than expected

Host Hotels & Restaurants Inc (HST) is reportedly considering the sale of $2 billion worth of its non-core hotel holdings

Madison Square Garden Company (MSG) is reportedly considering the possibility of a spinoff of its sports businesses, including the New York Knicks and New York Rangers franchises. The spinoff company would be publicly traded, and MSG shareholders would receive a 66% stake in the new company

Progress Software (PRGS) posted 2Q2018 EPS that was higher than estimated ($0.60 vs $0.53 forecasted). Progress Software stock is up 2.01% to $35.30 after the today’s close