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 Briefing Monday, January 13, 2025 10:30 AM
US Market continues the down trend from the previous trading day, opens slightly lower in the first trading hour on Monday, January 13, 2025. The BullLabs total market index had a loss of 0.17% from the end of last trading 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 278 or 45% of stocks went up as oppose to 323 or 52% of stocks went down in 623 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 2.10%, followed by the Materials sector, also a sector leader from the previous session, with a gain of 0.73%. The Information Technology sector is the bottom performer with a loss of 1.82%. The continuation of sector performers suggests there may be a trend in the market that is forming. In comparing all 69 industrial groups, the Energy Equipment & Services industry leads the market with a gain of 3.21%, followed by the Health Care Providers & Services industry with a gain of 2.82%. The Independent Power and Renewable Electricity Producers industry is the bottom performer with a loss of 3.60%. The market has been led by dividend sectors, suggesting investors are looking for safety.
For major US market indexes, the S&P 500 trades at 5,782.82 with a loss of 0.76%. The tech-dependent Nasdaq Composite index trades at 18,914.12 with a loss of 1.29%. The iconic Dow Jones Industrial Average is at 42,039.67 with a gain of 0.24%. The Russell 3000 index trades at 3,307.77 with a loss of 0.60%.
Among individual stocks, Steel Dynamics, Inc. (STLD) has a gain of 5.36% with high trading volume (2.09 times of regular volume). CVS Health Corp (CVS) has a gain of 5.14% with high trading volume (2.04 times of regular volume). Dell Technologies Inc (DELL) has a loss of 5.73% with high trading volume (2.25 times of regular volume). Constellation Energy Corporation (CEG) has a loss of 7.22% with high trading volume (2.83 times of regular volume). Edison International (EIX) has a loss of 10.01% with high trading volume (5.95 times of regular volume). Moderna Inc. (MRNA) has a loss of 22.76% with high trading volume (8.21 times of regular volume).
