Movers
Indices
• S&P 500 ETF SPY rose 0.78% to $342.11.
• Nasdaq ETF QQQ remained unchanged at at $281.87.
• Dow Jones Industrial Average ETF DIA rose 0.86% to $281.75.
• FTSE/Xinhua China 25 ETF FXI rose 1.44% to $44.75.
• FTSE Europe ETF VGK remained unchanged at at $53.81.
Commodities
• United States Oil ETF USO remained unchanged at at $30.16.
• Gold ETF GLD increased 0.49% to $182.92.
Bonds
• 20+ Yr Treasury Bond ETF TLT remained unchanged at at $166.20.
Industries
• Retail ETF XRT remained unchanged at at $51.96.
• Energy XLE rose 0.64% to $36.26.
• Technology XLK increased 1.40% to $119.56.
• Financial XLF rose 0.58% to $24.46.
Stocks Higher
• Alibaba Group Holding BABA rose 3.33% to $274.56.
• Bilibili BILI increased 5.84% to $47.62.
• Liminal Biosciences LMNL increased 43.93% to $18.27.
Stocks Lower
• Johnson & Johnson JNJ decreased 0.61% to $151.85.
• Apollo Global Management APO fell 2.17% to $46.03.
• Northern Dynasty Minerals, Ltd. Common Stock NAK fell 45.71% to $0.78.
Top News
• Facebook To Pay More Than $110M In Back Taxes In France https://www.benzinga.com/node/17208398
• Benzinga's Top Upgrades, Downgrades For August 24, 2020 https://www.benzinga.com/node/17208630
• Mohawk Group Announces Entry Into Agreement To Acquire Truweo; Deal For ~$16.4M; Co Increases 2020 Net Revenue Outlook https://www.benzinga.com/node/17208637
• American Airlines: Debt Overview https://www.benzinga.com/node/17208790
• These Plasma Stocks Are Surging After FDA's Convalescent EUA https://www.benzinga.com/node/17208334
Upcoming Earnings
• Palo Alto Networks PANW will release earnings today for Q4. Last year, for the same quarter, they reported an EPS of $1.47 and revenue of $805,800,000. Analysts predict the revenue to be around $923,510,000 and the EPS to be at $1.39.
• Bank of Montreal BMO is expected to release earnings for Q3. In the same quarter last year, they reported an earnings per share of $1.81 and revenue of $5,066,000,000. Analysts expect the revenue to be around $4,210,000,000 and the earnings per share at $1.67.
Earnings Recap
• Bitauto Holdings BITA released earnings for Q2, better than analyst estimates. They reported an EPS of -$0.66, and revenue of 276,900,000.In the same quarter last year, they reported an earnings per share of $0.31 and revenue of $406,600,000.
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