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, September 20, 2024 4:00 PM
US Market closed the trading session on Friday, September 20, 2024, with BullLabs total market index had a loss of 0.14% from previous day. The trading volume is slightly higher than normal, at 1.12 times of the three-month average daily trading volume.
For the market breadth, a total of 207 or 33% of stocks went up as oppose to 396 or 63% of stocks went down in 624 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.
The Utilities sector, a sector lagger from the previous session, leads the market with a gain of 1.31%, followed by the Consumer Discretionary sector with a gain of 0.73%. The Materials sector, a sector leader from the previous session, is the bottom performer with a loss of 0.88%. 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 Independent Power and Renewable Electricity Producers industry leads the market with a gain of 8.44%, followed by the Textiles, Apparel & Luxury Goods industry with a gain of 3.72%. The Air Freight & Logistics industry is the bottom performer with a loss of 6.68%. 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 5,702.53 with a loss of 0.19%. The tech-dependent Nasdaq Composite index trades at 17,950.27 with a loss of 0.35%. The iconic Dow Jones Industrial Average is at 42,062.82 with a gain of 0.09%. The Russell 3000 index trades at 3,257.12 with a loss of 0.05%.
There are many active stocks with unusual moves today. Constellation Energy Corporation (CEG) has a gain of 22.31% with high trading volume (4.52 times of regular volume). Vistra Corp. (VST) has a gain of 16.30% with high trading volume (2.94 times of regular volume). Nike Inc (NKE) has a gain of 7.04% with high trading volume (3.24 times of regular volume). Lennar Corp (LEN) has a loss of 5.29% with high trading volume (2.39 times of regular volume). Novo Nordisk A/S (NVO) has a loss of 5.44% with high trading volume (2.82 times of regular volume). FedEx Corp. (FDX) has a loss of 15.20% with high trading volume (10.65 times of regular volume).
US Market Highlight Friday, September 20, 2024 12:45 PM
At the middle of the trading day on Friday, September 20, 2024, US Market recovers some loss ground from earlier, trades slightly lower with BullLabs total market index had a loss of 0.26% from previous day. The trading volume is slightly higher than normal, at 1.1 times of the three-month average trading volume within the same intraday period.
For the market breadth, a total of 199 or 32% of stocks went up as oppose to 403 or 65% of stocks went down in 624 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.
The Utilities sector, a sector lagger from the previous session, leads the market with a gain of 0.98%, followed by the Consumer Discretionary sector with a gain of 0.52%. The Health Care sector is the bottom performer with a loss of 0.67%. In comparing all 69 industrial groups, the Independent Power and Renewable Electricity Producers industry leads the market with a gain of 7.34%, followed by the Textiles, Apparel & Luxury Goods industry with a gain of 3.45%. The Air Freight & Logistics industry is the bottom performer with a loss of 5.96%. Dividend sectors are being the bottom performer, suggesting investors are willing to take risk.
For major US market indexes, the S&P 500 trades at 5,703.66 with a loss of 0.17%. The tech-dependent Nasdaq Composite index trades at 17,966.33 with a loss of 0.26%. The iconic Dow Jones Industrial Average is at 42,087.18 with a gain of 0.15%. The Russell 3000 index trades at 3,251.07 with a loss of 0.24%.
Among individual stocks, Constellation Energy Corporation (CEG) has a gain of 18.06% with high trading volume (4.67 times of regular volume). Vistra Corp. (VST) has a gain of 14.39% with high trading volume (2.90 times of regular volume). Nike Inc (NKE) has a gain of 6.45% with high trading volume (3.98 times of regular volume). Novo Nordisk A/S (NVO) has a loss of 5.63% with high trading volume (3.54 times of regular volume). FedEx Corp. (FDX) has a loss of 13.49% with high trading volume (13.08 times of regular volume).
US Market Briefing Friday, September 20, 2024 10:30 AM
US Market opens down in the first trading hour on Friday, September 20, 2024. The BullLabs total market index had a loss of 0.32% 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 154 or 25% of stocks went up as oppose to 449 or 72% of stocks went down in 624 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.
The Utilities sector, a sector lagger from the previous session, leads the market with a gain of 0.66%, followed by the Consumer Discretionary sector with a gain of 0.24%. The Materials sector, a sector leader from the previous session, is the bottom performer with a loss of 0.96%. 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 Independent Power and Renewable Electricity Producers industry leads the market with a gain of 3.95%, followed by the Textiles, Apparel & Luxury Goods industry with a gain of 2.74%. The Air Freight & Logistics industry is the bottom performer with a loss of 7.06%. Dividend sectors are being the bottom performer, suggesting investors are willing to take risk.
For major US market indexes, the S&P 500 trades at 5,695.55 with a loss of 0.32%. The tech-dependent Nasdaq Composite index trades at 17,951.31 with a loss of 0.35%. The iconic Dow Jones Industrial Average is at 41,948.96 with a loss of 0.18%. The Russell 3000 index trades at 3,242.92 with a loss of 0.49%.
Among individual stocks, Constellation Energy Corporation (CEG) has a gain of 13.53% with high trading volume (6.43 times of regular volume). Vistra Corp. (VST) has a gain of 7.79% with high trading volume (3.41 times of regular volume). Nike Inc (NKE) has a gain of 5.45% with high trading volume (5.75 times of regular volume). Novo Nordisk A/S (NVO) has a loss of 5.87% with high trading volume (4.27 times of regular volume). FedEx Corp. (FDX) has a loss of 14.87% with high trading volume (15.67 times of regular volume).
