Afternoon Market Stats in 5 Minutes

Movers

Indices

• S&P 500 ETF (NYSE:SPY) decreased 3.23% to $308.74.

• Nasdaq ETF (NASDAQ:QQQ) fell 1.90% to $241.55.

• Dow Jones Industrial Average ETF (NYSE:DIA) fell 3.91% to $259.91.

• FTSE/Xinhua China 25 ETF (NYSE:FXI) fell 2.73% to $40.38.

• FTSE Europe ETF (NYSE:VGK) fell 3.53% to $50.35.

Commodities

• United States Oil ETF (NYSE:USO) decreased 6.23% to $26.66.

• Gold ETF (NYSE:GLD) rose 0.29% to $163.94.

Bonds

• 20+ Yr Treasury Bond ETF (NASDAQ:TLT) rose 1.26% to $162.86.

Industries

• Retail ETF (NYSE:XRT) fell 3.52% to $41.67.

• Energy (NYSE:XLE) decreased 6.16% to $40.24.

• Technology (NYSE:XLK) decreased 2.58% to $101.42.

• Financial (NYSE:XLF) fell 5.42% to $23.82.

Stocks Higher

• Walmart (NYSE:WMT) increased 0.64% to $121.94.

• Moderna (NASDAQ:MRNA) increased 6.46% to $63.95.

• Groupon (NASDAQ:GRPN) rose 1428.78% to $21.25.

Stocks Lower

• Bank of America (NYSE:BAC) fell 6.71% to $24.80.

• ONEOK (NYSE:OKE) decreased 15.71% to $35.40.

• Jiayin Gr (NASDAQ:JFIN) fell 31.90% to $3.95.

Top News

• Sorrento Rallies On EUA Filing For Rapid COVID-19 Antibody Test Kit https://www.benzinga.com/node/16233595

• A Look Into Wells Fargo's Price Over Earnings https://www.benzinga.com/node/16234326

• Shares several of technology companies are trading lower, selling off from Wednesday strength as an increase in coronavirus cases in some US states has led to concerns of a second wave of the virus. https://www.benzinga.com/node/16233335

• REMINDER: CDC Will Release Prior Day's Total Coronavirus Cases, Death Counts Between 1:30-2 p.m. EDT https://www.benzinga.com/node/16234246

• KeyBanc Downgrades Starbucks Amid Slower Recovery https://www.benzinga.com/node/16233983

Upcoming Earnings

• Adobe (NASDAQ:ADBE) will release earnings today for Q2. Last year, for the same quarter, they reported an EPS of $1.83 and revenue of $2,744,000,000. Analysts predict the revenue to be around $3,160,000,000 and the EPS to be at $2.33.

Earnings Recap

• Children's Place (NASDAQ:PLCE) reported earnings today for Q1, higher than consensus estimates. They reported an earnings per share of -$1.96, and sales of 255,207,000. Last year, for the same quarter, they reported an EPS of $0.36 and revenue of $412,382,000.