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   Friday, June 21, 2024 4:00 PM

US Market closed the trading session on Friday, June 21, 2024, with BullLabs total market index had a gain of 0.1% from previous day. The trading volume is slightly higher than normal, at 1.2 times of the three-month average daily trading volume.

For the market breadth, a total of 334 or 54% of stocks went up as oppose to 270 or 43% of stocks went down in 623 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.

The Consumer Discretionary sector leads the market with a gain of 0.89%, followed by the Communication Services sector with a gain of 0.65%. The Information Technology sector, also a sector lagger from the previous session, is the bottom performer with a loss of 0.91%. In comparing all 69 industrial groups, the Leisure Products industry leads the market with a gain of 2.22%, followed by the Auto Components industry, also an industry leader from the previous session, with a gain of 1.95%. The Thrifts & Mortgage Finance industry is the bottom performer with a loss of 12.99%. Growth sectors have led the market to the upside, indicating bullish sentiment.

For major US market indexes, the S&P 500 trades at 5,467.40 with a loss of 0.11%. The tech-dependent Nasdaq Composite index trades at 17,700.69 with a loss of 0.12%. The iconic Dow Jones Industrial Average is at 39,168.14 with a gain of 0.09%. The Russell 3000 index trades at 3,097.82 with a loss of 0.09%.

Bull Total Market Index intraday chart



US Market Highlight   Friday, June 21, 2024 12:45 PM

At the middle of the trading day on Friday, June 21, 2024, US Market trades almost unchanged with BullLabs total market index had a loss of 0.06% from previous day. The trading volume is heavy, at 1.22 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 262 or 42% of stocks went up as oppose to 339 or 54% of stocks went down in 623 total stocks tracked by the index. The advance vs. decline number and the price movement indicate there is not much action with the market.

The Communication Services sector leads the market with a gain of 0.47%, followed by the Consumer Discretionary sector with a gain of 0.45%. The Financials sector is the bottom performer with a loss of 0.61%. In comparing all 69 industrial groups, the Marine industry leads the market with a gain of 1.50%, followed by the Interactive Media & Services industry with a gain of 1.50%. The Thrifts & Mortgage Finance industry is the bottom performer with a loss of 14.34%. The market went down in general but growth sectors being the leader indicating some bullish sentiment.

For major US market indexes, the S&P 500 trades at 5,472.44 with a loss of 0.01%. The tech-dependent Nasdaq Composite index trades at 17,738.94 with a gain of 0.10%. The iconic Dow Jones Industrial Average is at 39,155.60 with a gain of 0.05%. The Russell 3000 index trades at 3,100.48 with a loss of 0.01%.

Bull Total Market Index intraday chart



US Market Briefing   Friday, June 21, 2024 10:30 AM

US Market opens almost unchanged in the first trading hour on Friday, June 21, 2024. The BullLabs total market index had a gain of 0.08% from the end of last trading day. The trading volume is very heavy, at 1.54 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 312 or 50% of stocks went up as oppose to 285 or 46% of stocks went down in 623 total stocks tracked by the index. The advance vs. decline number and the price movement indicate there is not much action with the market.

The Consumer Staples sector leads the market with a gain of 0.46%, followed by the Energy sector, also a sector leader from the previous session, with a gain of 0.41%. The Information Technology sector, also a sector lagger from the previous session, is the bottom performer with a loss of 1.10%. The continuation of sector performers suggests there may be a trend in the market that is forming. In comparing all 69 industrial groups, the Marine industry leads the market with a gain of 1.17%, followed by the Life Sciences Tools & Services industry with a gain of 1.12%. The Thrifts & Mortgage Finance industry is the bottom performer with a loss of 2.86%. The movement of market sectors indicates there is lack of clear direction going forward. The general market sentiment is neutral.

For major US market indexes, the S&P 500 trades at 5,464.77 with a loss of 0.15%. The tech-dependent Nasdaq Composite index trades at 17,670.78 with a loss of 0.29%. The iconic Dow Jones Industrial Average is at 39,252.46 with a gain of 0.30%. The Russell 3000 index trades at 3,096.64 with a loss of 0.13%.

Bull Total Market Index intraday chart