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   Tuesday, February 7, 2023 4:00 PM

US Market closed the trading session on Tuesday, February 7, 2023, with BullLabs total market index had a gain of 0.5% from previous day. The trading volume is heavy, at 1.22 times of the three-month average daily trading volume.

For the market breadth, a total of 427 or 68% of stocks went up as oppose to 187 or 30% of stocks went down in 627 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.

The Energy sector, also a sector leader from the previous session, leads the market with a gain of 2.65%, followed by the Information Technology sector, a sector lagger from the previous session, with a gain of 2.23%. The Consumer Staples sector is the bottom performer with a loss of 0.59%. In comparing all 69 industrial groups, the Interactive Media & Services industry leads the market with a gain of 4.32%, followed by the Real Estate Management & Development industry with a gain of 3.20%. The Building Products industry is the bottom performer with a loss of 2.22%. Defensive sectors are being the bottom performer, indicating a cautiously optimistic sentiment.

For major US market indexes, the S&P 500 trades at 4,164.04 with a gain of 1.29%. The tech-dependent Nasdaq Composite index trades at 12,113.79 with a gain of 1.90%. The iconic Dow Jones Industrial Average is at 34,156.99 with a gain of 0.78%. The Russell 3000 index trades at 2,416.27 with a gain of 1.15%.

There are many active stocks with unusual moves today. Skyworks Solutions Inc (SWKS) has a gain of 12.53% with high trading volume (3.20 times of regular volume). Baidu Inc (BIDU) has a gain of 12.18% with high trading volume (4.65 times of regular volume). Cincinnati Financial Corp (CINF) has a gain of 10.70% with high trading volume (2.77 times of regular volume). Zoom Video Communications Inc (ZM) has a gain of 9.85% with high trading volume (4.50 times of regular volume). Fiserv Inc. (FISV) has a gain of 8.35% with high trading volume (2.84 times of regular volume). BP PLC (BP) has a gain of 8.30% with high trading volume (3.35 times of regular volume). Take-Two Interactive Software Inc (TTWO) has a gain of 7.85% with high trading volume (2.64 times of regular volume). DuPont De Nemours Inc (DD) has a gain of 7.50% with high trading volume (2.81 times of regular volume). Royal Caribbean Group (RCL) has a gain of 7.14% with high trading volume (4.45 times of regular volume). Catalent Inc (CTLT) has a gain of 6.79% with high trading volume (3.25 times of regular volume). Qorvo Inc (QRVO) has a gain of 6.18% with high trading volume (2.14 times of regular volume). Activision Blizzard Inc (ATVI) has a gain of 5.62% with high trading volume (2.39 times of regular volume). Pinterest Inc (PINS) has a loss of 5.16% with high trading volume (3.95 times of regular volume).

Bull Total Market Index intraday chart



US Market Highlight   Tuesday, February 7, 2023 12:45 PM

At the middle of the trading day on Tuesday, February 7, 2023, US Market recovers some loss ground from earlier, trades down with BullLabs total market index had a loss of 0.35% from previous day. The trading volume is normal, at 1.03 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 292 or 47% of stocks went up as oppose to 322 or 51% of stocks went down in 627 total stocks tracked by the index. The advance and decline numbers indicate a low level of participation in the market retreat.

The Energy sector, also a sector leader from the previous session, leads the market with a gain of 1.68%, followed by the Information Technology sector, a sector lagger from the previous session, with a gain of 0.93%. The Consumer Discretionary sector is the bottom performer with a loss of 1.18%. In comparing all 69 industrial groups, the Interactive Media & Services industry leads the market with a gain of 2.42%, followed by the Software industry with a gain of 1.94%. The Building Products industry is the bottom performer with a loss of 2.68%. 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 4,125.32 with a gain of 0.35%. The tech-dependent Nasdaq Composite index trades at 11,962.14 with a gain of 0.63%. The iconic Dow Jones Industrial Average is at 33,884.69 with a loss of 0.02%. The Russell 3000 index trades at 2,386.64 with a loss of 0.09%.

Among individual stocks, Skyworks Solutions Inc (SWKS) has a gain of 10.35% with high trading volume (2.49 times of regular volume). Baidu Inc (BIDU) has a gain of 10.21% with high trading volume (5.98 times of regular volume). Take-Two Interactive Software Inc (TTWO) has a gain of 8.19% with high trading volume (2.87 times of regular volume). Zoom Video Communications Inc (ZM) has a gain of 7.81% with high trading volume (3.51 times of regular volume). Fiserv Inc. (FISV) has a gain of 7.42% with high trading volume (2.48 times of regular volume). BP PLC (BP) has a gain of 7.29% with high trading volume (3.49 times of regular volume). Catalent Inc (CTLT) has a gain of 7.15% with high trading volume (3.17 times of regular volume). DuPont De Nemours Inc (DD) has a gain of 6.08% with high trading volume (2.59 times of regular volume). Activision Blizzard Inc (ATVI) has a gain of 5.46% with high trading volume (2.84 times of regular volume). Pinterest Inc (PINS) has a loss of 5.31% with high trading volume (3.79 times of regular volume). Incyte Corp (INCY) has a loss of 5.52% with high trading volume (2.89 times of regular volume).

Bull Total Market Index intraday chart



US Market Briefing   Tuesday, February 7, 2023 10:30 AM

US Market continues the down trend from the previous trading day, opens down in the first trading hour on Tuesday, February 7, 2023. The BullLabs total market index had a loss of 0.82% from the end of last trading day. The trading volume is slightly higher than normal, at 1.15 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 129 or 21% of stocks went up as oppose to 483 or 77% of stocks went down in 627 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.

The Energy sector, also a sector leader from the previous session, leads the market with a gain of 0.51%, followed by the Information Technology sector, a sector lagger from the previous session, with a gain of 0.07%. The Consumer Discretionary sector is the bottom performer with a loss of 1.77%. In comparing all 69 industrial groups, the Diversified Consumer Services industry, an industry lagger from the previous session, leads the market with a gain of 3.06%, followed by the Interactive Media & Services industry with a gain of 1.44%. The Building Products industry is the bottom performer with a loss of 2.36%. 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 4,097.45 with a loss of 0.33%. The tech-dependent Nasdaq Composite index trades at 11,862.94 with a loss of 0.21%. The iconic Dow Jones Industrial Average is at 33,744.09 with a loss of 0.43%. The Russell 3000 index trades at 2,380.47 with a loss of 0.35%.

Among individual stocks, Baidu Inc (BIDU) has a gain of 9.07% with high trading volume (8.94 times of regular volume). Skyworks Solutions Inc (SWKS) has a gain of 8.31% with high trading volume (2.72 times of regular volume). Fiserv Inc. (FISV) has a gain of 6.80% with high trading volume (3.12 times of regular volume). DuPont De Nemours Inc (DD) has a gain of 5.88% with high trading volume (3.44 times of regular volume). Royal Caribbean Group (RCL) has a gain of 5.76% with high trading volume (5.77 times of regular volume). Take-Two Interactive Software Inc (TTWO) has a gain of 5.29% with high trading volume (2.40 times of regular volume). BP PLC (BP) has a gain of 5.25% with high trading volume (4.43 times of regular volume). Activision Blizzard Inc (ATVI) has a gain of 5.13% with high trading volume (3.52 times of regular volume). Incyte Corp (INCY) has a loss of 5.14% with high trading volume (3.58 times of regular volume). Pinterest Inc (PINS) has a loss of 6.35% with high trading volume (4.98 times of regular volume).

Bull Total Market Index intraday chart