Stock Market News Brief

Daily Stock Market Recap at 10:30, 12:45 and 16:00

Technical, fundamental and statistical analysis of the stock market based on real time price and volume movements, relative performance among sector & industry as well as other economic data.

US Market Recap   Wednesday, August 10, 2022 4:00 PM

US Market closed the trading session on Wednesday, August 10, 2022, with BullLabs total market index having a gain of 1.95% from previous day. The market went up broadly having all eleven sectors in the green. The trading volume is slightly lower than normal, at 0.88 times of the three-month average daily trading volume.

For the market breadth, a total of 569 or 91% of stocks went up as oppose to 48 or 8% of stocks went down in 627 total stocks tracked by the index. The large number of advanced stocks confirms a strong participation of the market rally.

The Information Technology sector, a sector lagger from the previous session, leads the market with a gain of 3.16%, followed by the Financials sector with a gain of 3.01%. The Utilities sector, a sector leader from the previous session, is the bottom performer with a gain of 0.39%. The flip-flopping between top and bottom sector performers suggests uncertainty and lack of clear direction in the market. In comparing all 69 industrial groups, the Auto Components industry leads the market with a gain of 5.15%, followed by the Semiconductors & Semiconductor Equipment industry, an industry lagger from the previous session, with a gain of 4.21%. The Gas Utilities industry is the bottom performer with a loss of 0.16%. Income sectors are being the bottom performer, indicating some risk taken sentiment.

For major US market indexes, the S&P 500 trades at 4,210.12 with a gain of 2.13%. The tech-dependent Nasdaq Composite index trades at 12,854.80 with a gain of 2.89%. The iconic Dow Jones Industrial Average is at 33,309.45 with a gain of 1.63%. The Russell 3000 index trades at 2,445.05 with a gain of 2.33%.

There are many active stocks with unusual moves today. SVB Financial Group (SIVB) has a gain of 7.74% with high trading volume (2.31 times of regular volume). Twilio Inc (TWLO) has a gain of 6.10% with high trading volume (2.10 times of regular volume). Sanofi (SNY) has a loss of 7.11% with high trading volume (5.19 times of regular volume).

Bull Total Market Index intraday chart



US Market Highlight   Wednesday, August 10, 2022 12:45 PM

At the middle of the trading day on Wednesday, August 10, 2022, US Market continues the uptrend from the morning, trades up significantly with BullLabs total market index having a gain of 1.65% from previous day. The trading volume is slightly lower than normal, at 0.84 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 557 or 89% of stocks went up as oppose to 60 or 10% of stocks went down in 627 total stocks tracked by the index. The large number of advanced stocks confirms a strong participation of the market rally.

The Financials sector leads the market with a gain of 2.87%, followed by the Consumer Discretionary sector, a sector lagger from the previous session, with a gain of 2.71%. The Utilities sector, a sector leader from the previous session, is the bottom performer with a loss of 0.08%. The flip-flopping between top and bottom sector performers suggests uncertainty and lack of clear direction in the market. In comparing all 69 industrial groups, the Auto Components industry leads the market with a gain of 5.49%, followed by the Consumer Finance industry with a gain of 4.07%. The Multi-Utilities industry is the bottom performer with a loss of 0.46%. Cyclical sectors have led the market while defensive sectors being the bottom performer, indicating investors are very optimistic about the market going forward.

For major US market indexes, the S&P 500 trades at 4,200.02 with a gain of 1.88%. The tech-dependent Nasdaq Composite index trades at 12,804.61 with a gain of 2.49%. The iconic Dow Jones Industrial Average is at 33,252.32 with a gain of 1.46%. The Russell 3000 index trades at 2,437.31 with a gain of 2.00%.

Among individual stocks, Norwegian Cruise Line Holdings Ltd (NCLH) has a gain of 13.76% with high trading volume (2.16 times of regular volume). SVB Financial Group (SIVB) has a gain of 10.56% with high trading volume (2.18 times of regular volume). Twilio Inc (TWLO) has a gain of 7.70% with high trading volume (2.39 times of regular volume). Sanofi (SNY) has a loss of 8.45% with high trading volume (5.40 times of regular volume).

Bull Total Market Index intraday chart



US Market Briefing   Wednesday, August 10, 2022 10:30 AM

US Market opens up significantly in the first trading hour on Wednesday, August 10, 2022. The BullLabs total market index having a gain of 1.54% from the end of last trading day. The trading volume is normal, at 0.91 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 567 or 90% of stocks went up as oppose to 52 or 8% of stocks went down in 627 total stocks tracked by the index. The large number of advanced stocks confirms a strong participation of the market rally.

The Financials sector leads the market with a gain of 2.53%, followed by the Materials sector with a gain of 2.33%. The Energy sector, a sector leader from the previous session, is the bottom performer with a loss of 0.78%. In comparing all 69 industrial groups, the Auto Components industry leads the market with a gain of 4.17%, followed by the Consumer Finance industry with a gain of 3.71%. The Energy Equipment & Services industry is the bottom performer with a loss of 2.57%. Cyclical sectors have led the market, indicating investors are optimistic about the market going forward.

For major US market indexes, the S&P 500 trades at 4,186.66 with a gain of 1.56%. The tech-dependent Nasdaq Composite index trades at 12,739.21 with a gain of 1.96%. The iconic Dow Jones Industrial Average is at 33,254.56 with a gain of 1.47%. The Russell 3000 index trades at 2,430.76 with a gain of 1.73%.

Among individual stocks, Norwegian Cruise Line Holdings Ltd (NCLH) has a gain of 10.14% with high trading volume (2.27 times of regular volume). Twilio Inc (TWLO) has a gain of 9.30% with high trading volume (2.89 times of regular volume). Caesars Entertainment, Inc (CZR) has a gain of 5.57% with high trading volume (2.21 times of regular volume).

Bull Total Market Index intraday chart