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 Monday, March 27, 2023 4:00 PM
US Market closed the trading session on Monday, March 27, 2023, with BullLabs total market index had a gain of 0.32% from previous day. The trading volume is slightly lower than normal, at 0.85 times of the three-month average daily trading volume.
For the market breadth, a total of 456 or 72% of stocks went up as oppose to 157 or 25% of stocks went down in 629 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 2.08%, followed by the Financials sector, a sector lagger from the previous session, with a gain of 1.19%. The Information Technology sector, also a sector lagger from the previous session, is the bottom performer with a loss of 0.52%. In comparing all 69 industrial groups, the Energy Equipment & Services industry leads the market with a gain of 3.64%, followed by the Transportation Infrastructure industry with a gain of 2.50%. The Interactive Media & Services industry is the bottom performer with a loss of 2.55%. The market has been led by income sectors, indicating a more conservative sentiment.
For major US market indexes, the S&P 500 trades at 3,977.75 with a gain of 0.17%. The tech-dependent Nasdaq Composite index trades at 11,768.84 with a loss of 0.47%. The iconic Dow Jones Industrial Average is at 32,432.61 with a gain of 0.61%. The Russell 3000 index trades at 2,293.77 with a gain of 0.48%.
There are many active stocks with unusual moves today. First Republic Bank (FRC) has a gain of 11.98% with high trading volume (5.12 times of regular volume). Novartis AG (NVS) has a gain of 8.05% with high trading volume (3.37 times of regular volume). Square Inc (SQ) has a gain of 6.18% with high trading volume (2.39 times of regular volume). Comerica Inc (CMA) has a gain of 5.40% with high trading volume (2.34 times of regular volume).
US Market Highlight Monday, March 27, 2023 12:45 PM
At the middle of the trading day on Monday, March 27, 2023, US Market pulls back from the earlier gain, trades up with BullLabs total market index had a gain of 0.31% from previous day. The trading volume is light, at 0.75 times of the three-month average trading volume within the same intraday period.
For the market breadth, a total of 484 or 77% of stocks went up as oppose to 129 or 21% of stocks went down in 629 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 2.05%, followed by the Financials sector, a sector lagger from the previous session, with a gain of 1.22%. The Consumer Discretionary sector is the bottom performer with a loss of 0.71%. In comparing all 69 industrial groups, the Energy Equipment & Services industry leads the market with a gain of 2.99%, followed by the Thrifts & Mortgage Finance industry with a gain of 2.26%. The Interactive Media & Services industry is the bottom performer with a loss of 2.43%. The market has been led by income sectors, indicating a more conservative sentiment.
For major US market indexes, the S&P 500 trades at 3,979.65 with a gain of 0.22%. The tech-dependent Nasdaq Composite index trades at 11,757.26 with a loss of 0.56%. The iconic Dow Jones Industrial Average is at 32,467.87 with a gain of 0.71%. The Russell 3000 index trades at 2,290.84 with a gain of 0.36%.
Among individual stocks, First Republic Bank (FRC) has a gain of 13.67% with high trading volume (6.60 times of regular volume). Novartis AG (NVS) has a gain of 7.90% with high trading volume (3.45 times of regular volume). Square Inc (SQ) has a gain of 5.45% with high trading volume (2.31 times of regular volume). Comerica Inc (CMA) has a gain of 5.42% with high trading volume (2.52 times of regular volume).
US Market Briefing Monday, March 27, 2023 10:30 AM
US Market continues the up trend from the previous trading day, opens up in the first trading hour on Monday, March 27, 2023. The BullLabs total market index had a gain of 0.39% from the end of last trading day. The trading volume is light, at 0.75 times of the three-month average trading volume within the same intraday period.
For the market breadth, a total of 490 or 78% of stocks went up as oppose to 120 or 19% of stocks went down in 629 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.
The Financials sector, a sector lagger from the previous session, leads the market with a gain of 0.79%, followed by the Consumer Staples sector with a gain of 0.76%. The Real Estate sector, a sector leader from the previous session, is the bottom performer with a loss of 0.23%. 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 Thrifts & Mortgage Finance industry leads the market with a gain of 2.20%, followed by the Banks industry with a gain of 1.73%. The Real Estate Management & Development industry is the bottom performer with a loss of 2.49%. Cyclical sectors are being the bottom performer, indicating a cautiously pessimistic sentiment.
For major US market indexes, the S&P 500 trades at 3,986.29 with a gain of 0.39%. The tech-dependent Nasdaq Composite index trades at 11,842.75 with a gain of 0.16%. The iconic Dow Jones Industrial Average is at 32,423.09 with a gain of 0.58%. The Russell 3000 index trades at 2,295.60 with a gain of 0.57%.
Among individual stocks, First Republic Bank (FRC) has a gain of 14.98% with high trading volume (9.45 times of regular volume). Novartis AG (NVS) has a gain of 7.32% with high trading volume (4.77 times of regular volume). Comerica Inc (CMA) has a gain of 5.37% with high trading volume (3.53 times of regular volume).
