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US Stocks Pull Back, Weighed By Heavy Tech Decline

Jul 30, 2018

US Markets End of Day Snapshot                                                                                                                                  Start Your Free Trial Today

  • The S&P 500 finished down 0.58%, Nasdaq Composite down 1.39%, and Russell 2000 down 0.61%
  • Telecom(+1.94%), Energy(+0.84%), Materials(-0.2%) stocks were the top performers in the S&P 500 today
  • Utilities(-0.59%), Consumer Discretionary(-0.78%), Tech(-1.78%) stocks were the worst performers in the S&P 500 today
  • 123 stocks in the S&P 500 hit 4-week highs while 41 stocks reached 4-week lows
  • 34 stocks in the S&P 500 closed overbought while 14 stocks closed oversold according to the 16-day RSI Measure
  • 69 stocks in the Nasdaq Composite hit 4-week highs while 187 stocks reached 4-week lows
  • 230 stocks in the Nasdaq Composite closed overbought while 606 stocks closed oversold according to the 16-day RSI Measure
  • The VIX finished flat at 13.79 after closing at 13.03 last week
  • The most actively traded options today were XLF August 17 Calls, SPYSPY July 30 Puts, QQQ August 17 Puts, and MS Spetember 21 Calls

US Treasuries

  • US 2-Year Treasury Notes are higher with yields down 0.8 basis points to 2.6613%
  • US 5-Year Treasury Bonds are lower with yields up 1.0 basis points to 2.8479%
  • US 10-Year Treasury Bonds are lower with yields up 1.8 basis points to 2.9728%
  • The US Treasury 2s-10s Spread has widened 2.6 basis points to 0.31%

Currencies

  • EUR€ is up 0.412% against the USD$ in after hours to 1.1705
  • GBP£ is up 0.198% against the USD$ in after hours to 1.3131
  • CHF is up 0.607% against the USD$ in after hours to 1.0118
  • JPY¥ is little changed 0% against the USD$ in after hours to 111.05

Commodities

  • WTI Crude is up 2.1% to USD$70.13/bbl with the Brent-WTI spread down USD$-1.3 to USD$4.23/bbl
  • Gold is little changed -0.19% to USD$1221.95/oz

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

  • American Airlines (AAL) was upgraded from neutral to an outperform rating at Macquaire. Shares of American (AAL) are unchanged post-market at $38.97
  • AT&T (T) shares traded 2.96% higher today after the company was upgraded to buy from a neutral rating at Merrill Lynch
  • CBS Corp’s (CBS) Board of Directors has decided to keep embattled CEO Lesli Moonves in his current role, while also announcing that the company will hire outside counsel to investigate allegations of sexual harassment and misconduct brought against Moonves by 6 women. CBS Corp stocks fell 5.05% in today’s trading
  • Illumina Inc (ILMN) reported 2Q2018 EPS that was higher than expected ($1.43 vs $1.11). Shares of Illumina are trading 5.79% higher post-market to $306.00 per share
  • Transocean Ltd (RIG) is up 1.27% to $13.55 following today’s trading, after the company posted 2Q2018 losses per shares that were less severe than anticipated (-$0.04 vs -$0.17)
  • Visa Inc (V) fell 3.01% in today’s trading, after reports surfaced that the US’s largest supermarket chain, Kroger Co (KR), is considering a company wide ban on the acceptance of Visa as a form of payment. There has been significant push back by merchants against payment companies, including American Express Co (AXP), Mastercard (MA), and Visa over the hefty swipe fees charged by these companies annually. American Express and Mastercard declined by 2.89% and 2.50% respectively today

*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