Stock market report July 23 2019
July 24, 2019
US stock market report July 23 2019
US stock market closed higher on Tuesday July 23 2019. All major US indices had gains more than 0.50%.S&P 500 closed above the 3,000 level.This is the summary for US stock market at close on Tuesday July 23 2019:
- S&P 500: 3,005.47,+20.44(+0.68%)
- Dow 30: 27,349.19,+177.29(+0.65%)
- Nasdaq: 8,251.40,+47.27(+0.58%)
- Russell 2000: 1,554.96,+10.18(+0.66%)
- 10-Yr Bond: 2.0740,+0.0310(+1.52%)
- Vix: 12.61,-0.92(-6.80%)
YETI Holdings, Inc. (YETI) was the stock with largest gains closing at $36.26+$3.98 (+12.33%).
China Tower Corporation Limited (CHWRF) was the stock with largest losses closing at $0.2610-$0.7390 (-73.90%).
Stock investing – Most active stocks
Snap Inc. (SNAP) was among the most active stocks closing at
Shares of social media company Snap (NYSE:SNAP) jumped in after-hours trading on a strong earnings report where it topped expectations across the board.Source: https://www.investing.com/news/stock-market-news/snap-surges-as-loss-narrows-users-jump-1932144
The maker of Snapchat reported a second-quarter loss of 6 cents per share, much narrower than the loss of 22 cents per share forecast by analysts polled by Investing.com.
Revenue came in at $388 million, better than the $360 million expected.
Daily active users, a key measurement for engagement, were 203 million, better than the 192 million Wall Street was looking for.
The stock rose more than 11% in after-hours trading, adding to gains of nearly 5% in regular trading.
Looking ahead, Snap said it expect third-quarter revenue of $410 million to $435 million and an adjusted loss of $85 million to $60 million, both ahead of estimates from S&P Capital IQ.
Snap expects daily active users to be between 205 million and 207 million in the third quarter, Chief Financial Officer Derek Andersen said.
U.S. Sectors & Industries Performance
Materials was the sector with best performance +1.99%. Utilities was the sector with worst performance -0.61%, Source: https://eresearch.fidelity.com/eresearch/markets_sectors/landing.jhtml
US stock market earnings today
Some of companies who are expected to release earnings reports today are Boeing (BA), Facebook (FB) and Tesla (TSLA). Their stocks could have significant volatility today.