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US Stocks Mixed Midday, With Notable Weakness in the FAANGs

Jul 26, 2018

US Market Snapshot                                                                                                                                                        Start Your Free Trial Today

  • US stocks are mixed today, with the S&P 500 -0.24%, the Nasdaq Composite -1.01%, the Dow Jones Industrial +0.49%, and the Russell 2000 +0.44%.
  • Energy (+0.90%), Utilities (+0.87%), Industrials (+0.83%) stocks are the top performers in the S&P 500 today. Healthcare (-0.15%), Consumer Discretionary (-0.43%), Tech (-1.61%) stocks are the worst performers in the S&P 500 today.
  • Yield on the US 10-year is down 1.5 basis points to 2.960%.
  • The VIX is up 16 basis points to 12.45.
  • The DXY dollar index is 37 basis points higher today, driven by weakness in the AUD$ (-0.87%), EUR€ (-0.53%), GBP£ (-0.45%), and CAD$ (-0.16%).
  • The most actively traded options today are EEM September 21 Calls, SPXW August 3 Calls, BAC August 17 Calls, and SPY July 27 Calls.

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

3D Systems Corp (DDD) has been cut to underweight at Piper Jaffray, which cited intensifying competition against the company’s main product lines and declining system demand as catalysts for the downgrade. Shares of 3D Systems are down 3.00% to $13.58 today

Biogen Inc (BIIB) shares are down 9.15% to $348.72, after a study of a drug produced by the company, intended to treat Alzheimer’s Disease, was encouraging but less of a breakthrough than investors had hoped

Nielsen Holdings PLC (NLSN) shares are down, after 2Q2018 EPS and revenue both missed expectations, and the company lowered its profit forecast for FY2018. Nielsen also announced that its CEO, Mitch Barns, will be retiring at the end of CY2018

Owens Corning (OC) has been downgraded to neutral at Bank of America, with its price target for the company lowered from $90 to $75. Despite the downgrade, shares of Owens Corning are up 1.98% today

United Natural Foods Inc (UNFI), a supplier of Whole Foods, has agreed to acquire Supervalu Inc (SVU) for $2.9 billion. Shares of Supervalu Inc are trading 64.27% higher to $31.96 today

Yum China Holdings Inc (YUMC) are trading 15.24% higher to $37.22, following reports that Hillhouse Capital Group is in early negotiations to acquire the company

*Source: Stockdio, Data in Price Return

S&P 500 Sector ETFs - Intraday

*Source: Stockdio, Data in Price Return

Russell 1000 Factor ETFs - Intraday 
*Source: Stockdio, Data in Price Return