ICYMI, Weekly Stock Market Recap. Sept 4-7, 2018


07-Sep-2018 19:08 PM



In case you missed this week stock market movers and news. This is our weekly recap. 

Tuesday the U.S. stock market pullback after Labor Day break. Dow Jones -11.60 points, SPY-0.16%, IWM -0.43%, QQQ -0.43%, IBB -0.97%

  • Nike Inc (NKE) falls as Colin Kaepernick to be the face of Nike Campaign.  Stock down -3.16%
  • Recro Pharma Inc (REPH) IV meloxicam regulatory filing end of September. Stock up +26.49%
  • CEO arrested on suspicion of sexual misconduct. Stock down  -5.97%
  • Alphabet Inc (GOOG) (GOOGL) (FB) (TWTR)  face Congress regulation
  • (AMZN) hit trillion market cap.

Wednesday with Netflix (NFLX) leading the technology sector selling-off. QQQ -1.29%, IWM -0.27%, IBB -0.36%, SPY -0.27%. Dow +22.51 points

  • Advanced Micro Devices Inc (AMD) stock continued two days rally, stock up +1.60%
  • Sangamo Biosciences Inc (SGMO) report 16-week reductions in urinary SB-913 study, stock down -23.62%
  • Netflix Inc (NFLX) -6.17%  leader of the F.A.N.G  selling
  • Twitter Inc (TWTR) stock down -6.06%, CEO Jack Dorsey testifies before U.S. House Committee

Thursday Dow Jones up +20.75 points, SPY-0.30%, QQQ -0.89%, IBB -1.78%

  • Arrowhead Research Corp (ARWR)data ARO-HBV demonstrating HBsAg reductions. Stock up +37.52%
  • Wynn Resorts Ltd (WYNN) trade war tariff spook MACAU casino sector. Stock down -8.92%
  • (AMZN) two days fall back after the stock hit 1 trillion market cap on Tuesday, stock down -1.83%

Friday Nonfarm Payrolls 201k vs 191k estimated, and the unemployment rate 3.9% vs 3.8%. The US stock market pullback with POTUS ready for extra 267 billion in tariffs.  Down Jones -79.33 points, SPY -0.19%, QQQ -0.38%, IBB -0.57%

  • Palo Alto Networks Inc (PAWN)
  • Tesla Inc (TSLA) HR chief not returning from leave
  • Apple Inc (AAPL) says U.S. tariffs on China would hit 'wide range' of products
  • Alibaba Group Holding Ltd (BABA) Jack Ma to retired from the company, source CNBC.

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