Stock market news for July 31, 2020

Stock market news

The latest stock market news for July 31, 2020. A higher close for the US stock market, but small-cap stocks underperformed and Russell 2000 index closed lower. Stock market news for July 31, 2020, stocks that moved, stock gainers, stock losers.

“Stocks post fourth straight monthly gain as tech shares surge.

Stocks closed out Friday’s trading session and July on a high note, with the Nasdaq outperforming after a slew of better than expected corporate earnings results from major tech firms like Facebook and Apple, which both posted record closing highs.

Friday’s session marked the last of July, with each of the three major indices closing out a fourth straight month of gains. The S&P 500 rose about 5%, the Dow increased 2% and the Nasdaq outperformed, rising more than 6.5% on the month.

Tech titans Facebook (FB), Amazon (AMZN), Apple (AAPL), and Alphabet (GOOG, GOOGL), each reported quarterly results that blew past estimates Thursday evening, affirming their pandemic-era dominance that’s helped feed a steep run-up in tech stocks over the past couple months.”

Stock market source: https://finance.yahoo.com/news/stock-market-news-live-july-31-2020-221601060.html

Stock market at the close on July 31, 2020

S&P 500: 3,271.12,+24.90(+0.77%)
Dow 30: 26,428.32,+114.67(+0.44%)
Nasdaq: 10,745.27,+157.46(+1.49%)
Russell 2000: 1,480.43,-14.67(-0.98%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 24.46-0.30 (-1.21%).

Stock movers

Pinterest, Inc. (PINS) was a stock mover, gaining more than 30% with a stock price at the close of 34.29+9.10 (+36.13%).

Pinterest, Inc. (PINS) stock chart
Pinterest, Inc. (PINS) stock chart

Stock market data: Stockscharts

Stock gainers

Vital Farms Inc. (VITL): 35.26,+ 13.26 +60.27%
Betterware de Mexico S.A.P.I. de C.V. (BWMX): 13.00 +4.68 +56.26%
DarioHealth Corp. (DRIO): 12.40,+ 4.33 +53.66%

Stock losers

Taoping Inc. (TAOP): 3.68, -5.12 -58.18%
Precipio Inc. (PRPO): 3.14, -3.86 -55.14%
Liminal BioSciences Inc. (LMNL): 16.31, -7.48 -31.44%

Most active stocks

General Electric Co. (GE): 6.07, -0.19 -3.04%
Sonnet BioTherapeutics Holdings Inc. (SONN): 4.11, +1.20 +41.24%
Nokia Corp. ADR (NOK): 4.78,+ 0.33 +7.42%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Information Technology sector was the best performing sector +2.50%, the Energy sector was the worst performing sector -0.69%.

Stock Market, U.S. Sectors & Industries Performance for July 31, 2020
Stock Market, U.S. Sectors & Industries Performance for July 31, 2020

Source: Fidelity

Stock market update

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Stock market news for July 2, 2020

Latest stock market news for July 2, 2020.

“Stock rose on Thursday and gained for the week, as investors cheered the resiliency of a U.S. economy that created nearly 5 million jobs last month in the throes of the raging coronavirus pandemic.

The U.S. economy added a greater than expected number of payrolls in June from May, as regions across the country eased social distancing restrictions and allowed more businesses to reopen. The net additions in payrolls topped consensus expectations, and far exceeded ADP’s private payrolls data on Wednesday, which logged a gain of over 2.3 million jobs.

Although new unemployment insurance claims were higher than expectations, investors shrugged off the report in favor of the boom of workers returning to the labor force. The S&P 500 rose about 0.5% on Thursday to cap off an advance of 4% since market close last Friday. The Dow rose 4.6%, while the Nasdaq rose 3.25% on the week.”

Stock market data: https://finance.yahoo.com/news/stock-market-news-live-july-2-2020-221826705.html

Stock market close on July 2, 2020

S&P 500: 3,130.01, +14.15(+0.45%)
Dow 30: 25,827.36, +92.39(+0.36%)
Nasdaq: 10,207.63,+53.00(+0.52%)
Russell 2000: 1,431.86, +4.55(+0.32%)

Stock market volatility

The CBOE Volatility Index (VIX) closed at 27.68-0.94 (-3.28%).

Stock movers

Shares of Lemonade, Inc. (LMND) on their trading debut gained more than 100% closing at 69.41+40.41 (+139.34%).

Stock gainers

Lemonade Inc. (LMND): 69.41 +40.41 +139.34%
Genius Brands International Inc. (GNUS): 3.55 +1.24 +53.68%
Graf Industrial Corp. (GRAF): 20.53 +6.68 +48.23%

Stock losers

MYOS RENS Technology Inc. (MYOS): 1.70 -0.74 -30.33%
Liminal BioSciences Inc. (LMNL): 16.75 -6.04 -26.50%
Document Security Systems Inc. (DSS): 6.02 -2.04 -25.31%

Most active stocks

Genius Brands International Inc. (GNUS): 3.55 +1.24 +53.68%
NIO Inc. ADR (NIO): 9.38 +1.47 +18.58%
Electrameccanica Vehicles Corp. (SOLO): 3.13 +0.80 +34.33%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Materials sector was the best performing sector +1.85%, the Real Estate sector was the worst=performing sector -0.34%.

U.S. Sectors & Industries Performance for July 2, 2020
U.S. Sectors & Industries Performance for July 2, 2020

Source: Fidelity

Stock market update

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Stock market news for July 1, 2020

These are the latest stock market news for July 1, 2020.

“Dow Jones Industrial Average falls 77 points
The Dow fell 77.91 points, or 0.30%, to close at 25,734.97. The S&P 500 advanced 0.50% to 3,115.86. The Nasdaq Composite gained 0.95% to end the day at 10,164.63. Stocks traded higher for most of the session amid positive news on a potential coronavirus vaccine.

Vaccine data lifts sentiment
A study of a coronavirus vaccine candidate being developed by Pfizer and BioNTech showed the drug created neutralizing antibodies. The results were released online, but have not been reviewed by a medical journal yet. The company also said that, if the vaccine gets regulatory approval, it expects to make up to 100 million doses by year-end and “potentially” more than 1.2 billion by the end of 2021.

Pfizer jumps, Amazon and Netflix gain
Pfizer shares jumped 3.18% on the vaccine data released Wednesday. Amazon and Netflix gained 4.35% and 6.72%, respectively.”

Stock market source: https://www.cnbc.com/2020/07/01/what-happened-to-the-stock-market-wednesday-pfizer-vaccine-data-lifts-sentiment.html

Stock market close on July 1, 2020

S&P 500: 3,115.86,+15.57(+0.50%)
Dow 30: 25,734.97,-77.91(-0.30%)
Nasdaq:v10,154.63,+95.86(+0.95%)
Russell 2000: 1,432.83,-8.54(-0.59%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 28.62-1.81 (-5.95%).

Stock movers

FedEx Corporation (FDX) stock closed higher more than 11% at 156.66+16.44 (+11.72%).

FDX stock news

“For the fiscal 2020 fourth quarter ended May 31, the company reported revenue of $17.4 billion, down from $17.8 billion a year earlier. But the latest number easily topped FactSet’s analyst consensus of $16.4 billion.

Still, that wasn’t enough to create profits. FedEx suffered a loss of $334 million in the latest quarter, or $1.28 per share, shrinking from a loss of $1.97 billion, or $7.56 per share, a year ago. Analysts expected earnings per share of $1.33 for the latest quarter.

Adjusted EPS totaled $2.53 in the latest quarter, blowing away analysts’ prediction of $1.58.”

Stock market source: https://www.thestreet.com/investing/fedex-stronger-than-expected-revenue-adjusted-profi

FDX stock chart

FDX stock chart
FDX stock chart

Source: Stockscharts

Stock gainers

Liminal BioSciences Inc. (LMNL): 22.79,+ 11.99 +111.02%
89bio Inc. (ETNB): 28.17 +8.24 +41.34%
Akero Therapeutics Inc. (AKRO): 33.37 +8.45 +33.91%

Stock losers

Polar Power Inc. (POLA): 3.13, -1.83 -36.90%
Inovio Pharmaceuticals Inc. (INO): 19.73, -7.22 -26.79%
CPS Technologies Corp. (CPSH): 1.82, -0.60 -24.79%

Most active stocks

Workhorse Group Inc. (WKHS): 19.18,+ 1.79 +10.29%
General Electric Co. (GE): 6.74, -0.09 -1.32%
American Airlines Group Inc. (AAL): 12.81, -0.26 -1.99%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Real Estate sector was the best performing sector +2.57%, the Energy sector was the worst-performing sector -2.49%.

U.S. Sectors & Industries Performance for July 1, 2020
U.S. Sectors & Industries Performance for July 1, 2020

Source: Fidelity

Stock market news, economic news

The ADP National Employment Report came in at 2369K, lower than the forecast of 3000K, but still being positive for a second consecutive month.

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

Check this link for stock tradingSubscribe to our stock market newsletter, with stocks to buy, stocks to sell, investing.