Movers
Indices
• S&P 500 ETF SPY rose 0.28% to $314.66.
• Nasdaq ETF QQQ increased 0.58% to $258.09.
• Dow Jones Industrial Average ETF DIA increased 0.20% to $259.69.
• FTSE/Xinhua China 25 ETF FXI rose 1.90% to $44.98.
• FTSE Europe ETF VGK remained unchanged at at $51.30.
Commodities
• United States Oil ETF USO rose 0.83% to $29.05.
• Gold ETF GLD increased 0.79% to $170.34.
Bonds
• 20+ Yr Treasury Bond ETF TLT decreased 0.54% to $164.32.
Industries
• Retail ETF XRT fell 0.02% to $43.75.
• Energy XLE remained unchanged at at $36.26.
• Technology XLK rose 0.69% to $106.80.
• Financial XLF decreased 0.04% to $22.93.
Stocks Higher
• Alibaba Group Holding BABA rose 4.08% to $246.16.
• Nikola NKLA increased 21.37% to $48.83.
• Intersect ENT XENT increased 35.63% to $18.84.
Stocks Lower
• Walmart WMT decreased 1.23% to $125.42.
• Nokia NOK fell 4.30% to $4.12.
• MOGU MOGU fell 13.50% to $5.
Top News
• JP Morgan Initiates Coverage On Idorsia with Neutral Rating https://www.benzinga.com/node/16552392
• Credit Suisse Reinstates Underperform on WPP https://www.benzinga.com/node/16552043
• Argus Research Maintains Buy on T-Mobile US, Raises Price Target to $123 https://www.benzinga.com/node/16552517
• MSC Industrial Direct Co shares are trading higher after the company reported better-than-expected Q3 EPS and sales results. UPDATE: Shares have since revesed, now lower. https://www.benzinga.com/node/16548992
• ScotiaBank Maintains Sector Outperform on Russel Metals, Raises Price Target to C$22.5 https://www.benzinga.com/node/16552224
Upcoming Earnings
• Bed Bath & Beyond BBBY is expected to release earnings for Q1. In the same quarter last year, they reported an earnings per share of $0.12 and revenue of $2,573,000,000. Analysts expect the revenue to be around $1,390,000,000 and the earnings per share at -$1.22.
Earnings Recap
• MSC Industrial Direct Co MSM reported earnings today for Q3, higher than consensus estimates. They reported an earnings per share of $1.4, and sales of 834,972,000. Last year, for the same quarter, they reported an EPS of $1.45 and revenue of $866,546,000.
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