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End of Day Market Update

Jul 02, 2018

US Markets End of Day Snapshot

US stocks ended higher today, reversing earlier losses, with the S&P 500 +0.31%, Russell 2000 +0.73%, and the Nasdaq Composite +0.79%. The S&P 500 was led higher today by Technology (+0.89%), Utilities (+0.71%), and Telecom (+0.65%), while Energy (-1.51%), Real Estate (-0.58%), and Consumer Staples (-0.54%) were the biggest lagging sectors. The VIX fell 49 basis points, or 3.05%, to 15.60. The yield on the US 10-year rose 1.6 basis points to 2.867%. The most actively traded options today were BAC July 6 and January 18 OTM Calls, and SPY July 2 and July 6 OTM Puts. The US Dollar Index (DXY) finished up 0.28% and the USD$ was stronger against all G10 currencies.

*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.

Acxiom Corp (ACXM) has reportedly agreed to sell its Acxiom Marketing Solutions business to Interpublic Group (IPG) for $2.3 billion in cash

Herman Miller Inc (MLHR) shares are trading 11.92% higher to $38.56 post-market after the company reported 4Q2018 EPS that was higher than expected ($0.66 vs $0.58 forecasted)

Novartis AG (SWX:NOVN) traded 1.97% lower today, after the company’s credit rating was cut by Moody’s to A1 from Aa3, following Novartis’ decision to spin off its Alcon eye care unit, and repurchase up to $5 billion worth of stock.

Despite Tesla Inc (TSLA) meeting its production goal of 5,000 Model 3 vehicles per week by the end of June, shares of Tesla traded 2.30% lower to $335.07 today as concerns persist regarding the sustainability of the company’s production level