Morning Market Stats in 5 Minutes

Movers

Indices

• S&P 500 ETF SPY decreased 2.08% to $298.04.

• Nasdaq ETF QQQ fell 1.51% to $232.33.

• Dow Jones Industrial Average ETF DIA fell 2.56% to $250.19.

• FTSE/Xinhua China 25 ETF FXI fell 2.96% to $39.14.

• FTSE Europe ETF VGK decreased 1.62% to $49.22.

Commodities

• United States Oil ETF USO decreased 3.63% to $25.46.

• Gold ETF GLD fell 1.36% to $160.50.

Bonds

• 20+ Yr Treasury Bond ETF TLT increased 0.99% to $163.90.

Industries

• Retail ETF XRT fell 0.05% to $41.29.

• Energy XLE decreased 4.50% to $38.03.

• Technology XLK fell 1.85% to $97.55.

• Financial XLF fell 3.34% to $23.02.

Stocks Higher

• GSX Techedu GSX rose 6.60% to $45.92.

• BeyondSpring BYSI rose 23.24% to $20.47.

Stocks Lower

• UnitedHealth Group UNH fell 3.52% to $274.83.

• PagSeguro Digital PAGS fell 7.93% to $34.01.

• Wins Finance Holdings WINS fell 19.42% to $29.

Top News

• US indices are lower for the session amid investor concerns of a second wave of the coronavirus as US states reopen. China also reintroduced lockdown measures following a new cluster of cases, sparking fears of a resurgence in the country. https://www.benzinga.com/node/16253297

• Coronavirus Cases, Hospitalizations Surge Over The Weekend, Trump Still Goes Ahead With Indoor Rally In Oklahoma https://www.benzinga.com/node/16250256

• Diana Shipping Inc. Announces Time Charter Contract for m/v Maera With Ausca https://www.benzinga.com/node/16253238

• Cedar Fair shares are trading higher after B. Riley FBR upgraded the company's stock from Neutral to Buy. https://www.benzinga.com/node/16251753

• Moderna Option Alert: Fri $65 Calls Sweep (10) near the Ask: 377 @ $4.0 vs 5463 OI; Earnings 8/5 Before Open [est] Ref=$65.7639 https://www.benzinga.com/node/16253303

Upcoming Earnings

• Lennar LEN will release earnings today for Q2. Last year, for the same quarter, they reported an EPS of $1.3 and revenue of $5,563,000,000. Analysts predict the revenue to be around $4,930,000,000 and the EPS to be at $1.07.

Earnings Recap

• JinkoSolar Holding Co JKS reported earnings today for Q1, lower than consensus estimates. They reported an earnings per share of $0.65, and sales of 1,198,000,000. Last year, for the same quarter, they reported an EPS of $0.12 and revenue of $867,513,000.

Posted In: Morning Market StatsMarkets