Morning Market Stats in 5 Minutes

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.