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 11, 2021 4:00 PM

US Market closed the trading session on Friday, June 11, 2021, with BullLabs total market index having a gain of 0.03% from previous day. The trading volume is normal, at 0.92 times of the three-month average daily trading volume.

For the market breadth, a total of 413 or 65% of stocks went up as oppose to 209 or 33% of stocks went down in 633 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 Financials sector, a sector lagger from the previous session, leads the market with a gain of 0.83%, followed by the Materials sector, a sector lagger from the previous session, with a gain of 0.55%. The Health Care sector, a sector leader from the previous session, is the bottom performer with a loss of 1.00%. 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 Leisure Products industry leads the market with a gain of 5.06%, followed by the Marine industry with a gain of 2.71%. The Diversified Consumer Services industry, an industry leader from the previous session, is the bottom performer with a loss of 4.18%. 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 4,247.47 with a gain of 0.20%. The tech-dependent Nasdaq Composite index trades at 14,069.42 with a gain of 0.35%. The iconic Dow Jones Industrial Average is at 34,480.65 with a gain of 0.04%. The Wilshire 5000 index trades at 44,541.45 with a gain of 0.16%.

There are many active stocks with unusual moves today. Zoom Video Communications Inc (ZM) has a gain of 5.74% with high trading volume (2.31 times of regular volume). Incyte Corp (INCY) has a loss of 5.66% with high trading volume (2.66 times of regular volume). TAL Education Group (TAL) has a loss of 5.86% with high trading volume (2.15 times of regular volume). Vertex Pharmaceuticals Inc (VRTX) has a loss of 10.96% with high trading volume (9.67 times of regular volume).

Bull Total Market Index intraday chart



US Market Highlight   Friday, June 11, 2021 12:45 PM

At the middle of the trading day on Friday, June 11, 2021, US Market trades down with BullLabs total market index having a loss of 0.31% from previous day. The trading volume is normal, at 1 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 301 or 48% of stocks went up as oppose to 325 or 51% of stocks went down in 633 total stocks tracked by the index. The advance and decline numbers indicate a low level of participation in the market retreat.

The Financials sector, a sector lagger from the previous session, leads the market with a gain of 0.48%, followed by the Communication Services sector with a gain of 0.25%. The Health Care sector, a sector leader from the previous session, is the bottom performer with a loss of 1.23%. 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 Leisure Products industry leads the market with a gain of 3.77%, followed by the Marine industry with a gain of 2.09%. The Diversified Consumer Services industry, an industry leader from the previous session, is the bottom performer with a loss of 5.10%. 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 4,233.44 with a loss of 0.14%. The tech-dependent Nasdaq Composite index trades at 14,017.28 with a loss of 0.02%. The iconic Dow Jones Industrial Average is at 34,345.53 with a loss of 0.35%. The Wilshire 5000 index trades at 44,447.68 with a loss of 0.05%.

Among individual stocks, Incyte Corp (INCY) has a loss of 6.12% with high trading volume (3.05 times of regular volume). TAL Education Group (TAL) has a loss of 6.69% with high trading volume (2.88 times of regular volume). Vertex Pharmaceuticals Inc (VRTX) has a loss of 9.93% with high trading volume (12.98 times of regular volume).

Bull Total Market Index intraday chart



US Market Briefing   Friday, June 11, 2021 10:30 AM

US Market opens slightly lower in the first trading hour on Friday, June 11, 2021. The BullLabs total market index having a loss of 0.1% from the end of last trading day. The trading volume is heavy, at 1.23 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 355 or 56% of stocks went up as oppose to 270 or 43% of stocks went down in 633 total stocks tracked by the index. Although the general index went down during the period, the numbers of advanced stocks are actually higher than the numbers of declined stock, indicating a low participation of the retreat.

The Financials sector, a sector lagger from the previous session, leads the market with a gain of 0.41%, followed by the Materials sector, a sector lagger from the previous session, with a gain of 0.38%. The Health Care sector, a sector leader from the previous session, is the bottom performer with a loss of 0.76%. 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 Leisure Products industry leads the market with a gain of 3.38%, followed by the Marine industry with a gain of 1.56%. The Diversified Consumer Services industry, an industry leader from the previous session, is the bottom performer with a loss of 3.05%. 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 4,240.39 with a gain of 0.03%. The tech-dependent Nasdaq Composite index trades at 14,048.79 with a gain of 0.20%. The iconic Dow Jones Industrial Average is at 34,455.56 with a loss of 0.03%. The Wilshire 5000 index trades at 44,539.15 with a gain of 0.16%.

Among individual stocks, Incyte Corp (INCY) has a loss of 5.19% with high trading volume (3.58 times of regular volume). Vertex Pharmaceuticals Inc (VRTX) has a loss of 8.65% with high trading volume (20.35 times of regular volume).

Bull Total Market Index intraday chart