ICYMI. Weekly Market Recap. July 30- August 3
In case you missed this week stock market movers news and economy data.
Monday market continues it second-day sell-off with tech. QQQ -1.41%, SPY -0.54%, IBB -1.11%
- Caterpillar Inc (CAT) earnings report https://www.tradersfish.com/Earning/caterpillar-inc
- Netflix Inc (NFLX) second worse day post-earnings stock performance. Down -5.70%
- Prgoenics Pharmaceuticals Inc (PGNX) FDA approves Azedra
- Twitter (TWTR) stock dropped second-day post-earnings report. Down -8.06%
Tuesday the US stock market rebound after news of the US and China working on to compromised trade war. Dow Jones up +108.36 points, SPY +0.49%, IBB +2.07%.
- Apple (AAPL) earnings report https://www.tradersfish.com/Earning/apple-inc
- Chipotle Mexican Grills Inc (CMG) closes restaurant in Ohio after customer sickness
- Illumina Inc (ILMN) earnings report https://www.tradersfish.com/Earning/illumina-inc
Wednesday housing demand fell to 9.6% in June, the biggest in two years. ISM manufacturing PMI 58.1 vs 59.4. ADP NonFarm Employment Change 21.9k vs 186k. The Fed keeps the rate unchanged. Dow Jones closed -81.30 points, SPY -0.16%, QQQ +0.37%, IBB +0.58%
- Baidu Inc (BIDU) https://www.tradersfish.com/Earning/baidu-inc
- Acer Therapeutics Inc (ACER) 2.222M share spot secondary priced at $18.00
- Sarepta Therapeutics Inc (SRPT)- Upgraded to Overweight at Morgan Stanley. Price Target $163
Thursday tariffs trade war escalated with the US threatened to increase $200 billion in Chinese imports.
- Tesla, Inc (TSLA) earnings report https://www.tradersfish.com/Earning/tesla-inc
- Fitbit Inc (FIT) earnings report https://www.tradersfish.com/Earning/fitbit-inc
- Wynn Resorts Ltd (WYNN) earnings report https://www.tradersfish.com/Earning/wynn-resorts-ltd
- Apple Inc (AAPL) hit one trillion market cap
Friday the US job report Nonfarm Payrolls 157k vs 193k, Unemployment rate 3.9% VS 3.9%. China plans to tariffs $60 billion of US import.
- GoPro Inc (GPRO) earnings report https://www.tradersfish.com/Earning/gopro-inc