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End of Day Market Update

Jul 17, 2018

US Markets End of Day Snapshot

 

 

US stocks ended higher today, following Fed Chair Jerome Powell’s testimony to Congress, with the S&P 500 +0.40%, Russell 2000 +0.52%, and the Nasdaq Composite +0.63%. The S&P 500 was led higher today by Materials (+1.31%), Consumer Staples (+0.84%), and Technology (+0.72%), while Real Estate (-0.67%), Energy (-0.40%), and Utilities (-0.10%) were the biggest lagging sectors. The VIX ended down 81 basis points, or -6.31%, to 12.02. Yield on the US 10-year is little changed, up 0.7 basis points to 2.862%. The DXY USD$ index is up +0.47%, with significant strength in GBP£ (+0.91%), JPY¥ (+0.51%), and CAD$ (+0.43%). The most actively traded options today are VIX July 18 ATM Puts, BAC July 20 OTM Puts, and XLF August 17 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.

Fidelity National Financial (FNF) reported 2Q2018 EPS that was modestly higher than projected ($0.86 vs $0.82 forecasted). Shares of Fidelity National are 0.14% higher to $37.58 after the close

Goodyear Tire & Rubber (GT) has been downgraded by Goldman Sachs to sell from a neutral rating, citing pressure from soft tire demand, higher raw material cost, and weak pricing power as causes for the downgrade. Good year traded 1.87% lower today

Healthcare Services Group (HCSG) is down 3.26% to $41.00 post-market, after the company reported 2Q2018 EPS was lower than anticipated ($0.35 vs $0.38 consensus)

Mellanox Technologies (MLNX) reported 2Q2018 EPS that beat the consensus ($1.25 vs $1.09 forecasted). Mellanox’s stock has advanced 1.77% to $86.20 after the close

United Continental Holdings (UAL) posted 2Q2018 EPS that was higher than expected ($3.23 vs $3.06 projected). Shares of United Continental Holdings are up 2.27% to $74.27 post-market