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, December 2, 2022 4:00 PM

US Market closed the trading session on Friday, December 2, 2022, with BullLabs total market index had a gain of 0.1% from previous day. The trading volume is normal, at 0.98 times of the three-month average daily trading volume.

For the market breadth, a total of 307 or 49% of stocks went up as oppose to 306 or 49% of stocks went down in 627 total stocks tracked by the index. The advance and decline numbers indicate a low level of participation in the market rally.

The Consumer Staples sector, also a sector leader from the previous session, leads the market with a gain of 0.89%, followed by the Materials sector with a gain of 0.75%. The Information Technology sector is the bottom performer with a loss of 0.75%. In comparing all 69 industrial groups, the Diversified Consumer Services industry, an industry lagger from the previous session, leads the market with a gain of 5.30%, followed by the Leisure Products industry with a gain of 3.89%. The Health Care Technology industry is the bottom performer with a loss of 8.63%. 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 4,071.06 with a loss of 0.14%. The tech-dependent Nasdaq Composite index trades at 11,458.93 with a loss of 0.20%. The iconic Dow Jones Industrial Average is at 34,421.74 with a gain of 0.08%. The Russell 3000 index trades at 2,352.44 with a loss of 0.21%.

There are many active stocks with unusual moves today. Peloton Interactive Inc (PTON) has a gain of 13.00% with high trading volume (2.14 times of regular volume). Veeva Systems Inc (VEEV) has a loss of 8.63% with high trading volume (2.72 times of regular volume).

Bull Total Market Index intraday chart



US Market Highlight   Friday, December 2, 2022 12:45 PM

At the middle of the trading day on Friday, December 2, 2022, US Market recovers some loss ground from earlier, trades slightly lower with BullLabs total market index had a loss of 0.16% 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 236 or 38% of stocks went up as oppose to 379 or 60% of stocks went down in 627 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.

The Consumer Staples sector, also a sector leader from the previous session, leads the market with a gain of 0.64%, followed by the Consumer Discretionary sector with a gain of 0.46%. The Information Technology sector is the bottom performer with a loss of 1.38%. In comparing all 69 industrial groups, the Diversified Consumer Services industry, an industry lagger from the previous session, leads the market with a gain of 5.02%, followed by the Thrifts & Mortgage Finance industry, also an industry leader from the previous session, with a gain of 2.46%. The Health Care Technology industry is the bottom performer with a loss of 7.61%. 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 4,054.33 with a loss of 0.55%. The tech-dependent Nasdaq Composite index trades at 11,389.20 with a loss of 0.81%. The iconic Dow Jones Industrial Average is at 34,303.07 with a loss of 0.27%. The Russell 3000 index trades at 2,347.92 with a loss of 0.40%.

Among individual stocks, Peloton Interactive Inc (PTON) has a gain of 9.26% with high trading volume (2.07 times of regular volume). Nio Inc (NIO) has a gain of 6.66% with high trading volume (2.53 times of regular volume). Alibaba Group Holding Ltd (BABA) has a gain of 5.75% with high trading volume (2.24 times of regular volume). Veeva Systems Inc (VEEV) has a loss of 7.61% with high trading volume (2.80 times of regular volume).

Bull Total Market Index intraday chart



US Market Briefing   Friday, December 2, 2022 10:30 AM

US Market opens down in the first trading hour on Friday, December 2, 2022. The BullLabs total market index had a loss of 0.77% from the end of last trading day. The trading volume is normal, at 0.97 times of the three-month average trading volume within the same intraday period.

For the market breadth, a total of 119 or 19% of stocks went up as oppose to 491 or 78% of stocks went down in 627 total stocks tracked by the index. The advance and decline numbers are in consistent with the price movement of the market.

The Consumer Staples sector, also a sector leader from the previous session, leads the market with a gain of 0.05%, followed by the Communication Services sector, also a sector leader from the previous session, with a loss of 0.09%. The Information Technology sector is the bottom performer with a loss of 1.55%. The continuation of sector performers suggests there may be a trend in the market that is forming. In comparing all 69 industrial groups, the Diversified Consumer Services industry, an industry lagger from the previous session, leads the market with a gain of 3.40%, followed by the Leisure Products industry with a gain of 2.02%. The Health Care Technology industry is the bottom performer with a loss of 7.75%. 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 4,037.76 with a loss of 0.95%. The tech-dependent Nasdaq Composite index trades at 11,357.11 with a loss of 1.09%. The iconic Dow Jones Industrial Average is at 34,140.81 with a loss of 0.74%. The Russell 3000 index trades at 2,341.26 with a loss of 0.68%.

Among individual stocks, Peloton Interactive Inc (PTON) has a gain of 8.84% with high trading volume (2.09 times of regular volume). Nio Inc (NIO) has a gain of 7.78% with high trading volume (3.18 times of regular volume). Veeva Systems Inc (VEEV) has a loss of 7.75% with high trading volume (3.51 times of regular volume).

Bull Total Market Index intraday chart