WKHS

02 Jul: 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.

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01 Jul: Stock market news for June 30, 2020

Latest stock market news for June 30, 2020. A higher close for the US stock market at the end of the second quarter. Tech stocks outperformed.”S&P 500 closes out best quarter since 1998. Stocks rallied to close out their best overall quarter since 1998, and best second quarter on record, following the S&P 500’s near-20% run-up for the April through June period. The Dow and Nasdaq rose about 17.5% and 30%, respectively, during the second quarter.”

Stock market data: https://finance.yahoo.com/news/stock-market-news-live-july-1-2020-221322505.html

Stock market close on June 30, 2020

S&P 500: 3,100.29,+47.05(+1.54%)
Dow 30: 25,812.88,+217.08(+0.85%)
Nasdaq: 10,058.77,+184.61(+1.87%)
Russell 2000: 1,441.37,+20.16(+1.42%)

Stock market volatility

The CBOE Volatility Index (VIX) closed at 30.43,-1.35(-4.25%).

Stock movers

Polar Power, Inc. (POLA) stock gained more than 200% and was a stock mover and among top stock gainers having a stock price of 4.9600+3.5900 (+262.04%) at the close.

Polar Power, Inc. (POLA) stock chart
Polar Power, Inc. (POLA) stock chart

Source: Stockscharts

Stock gainers

Qumu Corp. (QUMU): 3.59,+ 1.19 +49.58%
Blink Charging Co. (BLNK):5.68,+ 1.67 +41.65%
Bloom Energy Corp. (BE): 10.88,+ 2.66 +32.36%

Stock losers

Zynerba Pharmaceuticals Inc. (ZYNE): 3.37, -3.17 -48.47%
OncoCyte Corp. (OCX): 1.91, -1.32 -40.87%
Puhui Wealth Investment Management Co. Ltd. (PHCF): 6.23, -1.85 -22.90%

Most active stocks

Workhorse Group Inc. (WKHS): 17.39,+ 2.88 +19.85%
Inovio Pharmaceuticals Inc. (INO): 26.95, -4.74 -14.96%
Vaxart Inc. (VXRT): 8.85,+ 1.36 +18.16%

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

Stock Market, U.S. Sectors & Industries Performance

All sectors closed higher. The Energy sector wad the best performing sector +2.20%, the Utilities sector was the worst performing sector +0.41%.

U.S. Sectors & Industries Performance for June 30, 2020
U.S. Sectors & Industries Performance for June 30, 2020

Source: Fidelity

Stock market update

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

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30 Jun: Stock market news for June 29, 2020

Latest stock market news for June 29, 2020. The US stock market closed higher ignoring the fears about the second wave of coronavirus outbreak. Dow Jones gained more than 580 points, S&P 500 rose more than 40 points.

Stock market close on June 29, 2020

S&P 500: 3,053.26,+44.21(+1.47%)
Dow 30: 25,595.80,+580.25(+2.32%)
Nasdaq: 9,874.15,+116.93(+1.20%)
Russell 2000: 1,411.35,+32.57(+2.36%)

Stock market volatility

The CBOE Volatility Index (VIX) closed at 31.78-2.95 (-8.49%).

Economic news

US Pending Home Sales for the month of May 2020 came in at 44.3% beating the estimate of 18.9%. The previous figure was -21.8%.

Stock movers

Boeing was a stock mover with its stock closing at 194.49,+24.48 (+14.40%). News that certification test flights for grounded 737 MAX airplanes started sent BA stock higher.

BA stock chart
BA stock chart

Source: Stockscharts

Stock market news, stocks that moved on June 29, 2020.

Stock gainers

Puhui Wealth Investment Management Co. Ltd. (PHCF): 8.08,+ 2.68 +49.63%
Workhorse Group Inc. (WKHS): 14.51 +4.61 +46.57%
Landcadia Holdings II Inc. Cl A (LCA): 14.40,+ 4.31 +42.72%

Stock losers

Cleveland BioLabs Inc. (CBLI): 2.45, -1.81 -42.49%
Intercept Pharmaceuticals Inc. (ICPT): 46.70, -30.79 -39.73%
Concrete Pumping Holdings Inc. (BBCP): 3.66, -1.82 -33.21%

Most active stocks

Workhorse Group Inc. (WKHS): 14.51,+ 4.61 +46.57%
American Airlines Group Inc. (AAL): 13.32,+ 0.94 +7.59%
Boeing Co. (BA): 194.49, +24.48 +14.40%

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

Stock Market, U.S. Sectors & Industries Performance

All sectors closed higher. The Industrials sector had the best performance +3.19%, while the Health Care sector had the worst performance +0.85%.

U.S. Sectors & Industries Performance for June 29, 2020
U.S. Sectors & Industries Performance for June 29, 2020

Source: Fidelity

Stock market update

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

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