Stock Market News Brief

US Market Recap   Friday, May 7, 2021 4:01 PM

US Market closed the trading session on Friday, May 7, 2021, with BullLabs total market index having a gain of 0.84% from previous day. The trading volume is slightly lower than normal, at 0.84 times of the three-month average daily trading volume.

For the market breadth, a total of 509 or 80% of stocks went up as oppose to 118 or 19% of stocks went down in 633 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.

The Energy sector leads the market with a gain of 1.86%, followed by the Communication Services sector with a gain of 1.28%. The Utilities sector is the bottom performer with a gain of 0.31%.In comparing all 69 industrial groups, the Auto Components industry leads the market with a gain of 4.61%, followed by the Energy Equipment & Services industry with a gain of 4.45%. The Thrifts & Mortgage Finance industry, also an industry lagger from the previous session, is the bottom performer with a loss of 0.50%. Defensive sectors are being the bottom performer, indicating a cautiously optimistic sentiment.

For major US market indexes, the S&P 500 trades at 4,232.55 with a gain of 0.74%. The tech-dependent Nasdaq Composite index trades at 13,752.24 with a gain of 0.88%. The iconic Dow Jones Industrial Average is at 34,774.54 with a gain of 0.65%. The Wilshire 5000 index trades at 44,086.94 with a gain of 0.83%.

There are many active stocks with unusual moves today. Centene Corp (CNC) has a gain of 7.93% with high trading volume (3.38 times of regular volume). McKesson Corp (MCK) has a gain of 6.62% with high trading volume (2.01 times of regular volume). Motorola Solutions Inc (MSI) has a gain of 5.95% with high trading volume (2.06 times of regular volume). Expedia Group Inc (EXPE) has a gain of 5.05% with high trading volume (2.23 times of regular volume).



US Market Highlight   Friday, May 7, 2021 12:45 PM

At the middle of the trading day on Friday, May 7, 2021, US Market pulls back from the earlier gain, trades up with BullLabs total market index having a gain of 0.63% from previous day. The trading volume is normal, at 0.95 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 483 or 76% of stocks went up as oppose to 139 or 22% of stocks went down in 633 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.

The Energy sector leads the market with a gain of 1.12%, followed by the Communication Services sector with a gain of 1.11%. The Consumer Staples sector, a sector leader from the previous session, is the bottom performer with a gain of 0.05%.In comparing all 69 industrial groups, the Auto Components industry leads the market with a gain of 3.78%, followed by the Textiles, Apparel & Luxury Goods industry with a gain of 2.55%. The Thrifts & Mortgage Finance industry, also an industry lagger from the previous session, is the bottom performer with a loss of 1.09%. 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 4,228.93 with a gain of 0.65%. The tech-dependent Nasdaq Composite index trades at 13,762.44 with a gain of 0.95%. The iconic Dow Jones Industrial Average is at 34,690.51 with a gain of 0.41%. The Wilshire 5000 index trades at 44,080.59 with a gain of 0.82%.

Among individual stocks, Expedia Group Inc (EXPE) has a gain of 8.11% with high trading volume (2.80 times of regular volume). EOG Resources Inc. (EOG) has a gain of 7.57% with high trading volume (2.31 times of regular volume). Centene Corp (CNC) has a gain of 5.97% with high trading volume (3.95 times of regular volume). Monster Beverage Corp (MNST) has a loss of 5.41% with high trading volume (3.15 times of regular volume).



US Market Briefing   Friday, May 7, 2021 10:30 AM

US Market opened up in the first trading hour on Friday, May 7, 2021. The BullLabs total market index having a gain of 0.9% from the end of last trading day. The trading volume is heavy, at 1.26 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 475 or 75% of stocks went up as oppose to 151 or 24% of stocks went down in 633 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.

The Information Technology sector leads the market with a gain of 1.43%, followed by the Communication Services sector with a gain of 1.41%. The Financials sector is the bottom performer with a loss of 0.01%.In comparing all 69 industrial groups, the Diversified Consumer Services industry leads the market with a gain of 3.80%, followed by the Leisure Products industry with a gain of 3.54%. The Energy Equipment & Services industry is the bottom performer with a loss of 0.73%. Income sectors are being the bottom performer, indicating some risk taken sentiment.

For major US market indexes, the S&P 500 trades at 4,231.14 with a gain of 0.70%. The tech-dependent Nasdaq Composite index trades at 13,800.24 with a gain of 1.23%. The iconic Dow Jones Industrial Average is at 34,689.34 with a gain of 0.41%. The Wilshire 5000 index trades at 44,125.34 with a gain of 0.92%.

Among individual stocks, Expedia Group Inc (EXPE) has a gain of 8.46% with high trading volume (4.52 times of regular volume). Snowflake Inc (SNOW) has a gain of 7.00% with high trading volume (2.67 times of regular volume). Square Inc (SQ) has a gain of 6.58% with high trading volume (3.23 times of regular volume). McKesson Corp (MCK) has a gain of 6.39% with high trading volume (2.86 times of regular volume). Centene Corp (CNC) has a gain of 5.81% with high trading volume (4.95 times of regular volume). Peloton Interactive Inc (PTON) has a gain of 5.42% with high trading volume (11.39 times of regular volume). Live Nation Entertainment Inc (LYV) has a gain of 5.26% with high trading volume (2.14 times of regular volume). Monster Beverage Corp (MNST) has a loss of 5.21% with high trading volume (4.07 times of regular volume).