Morning Market Stats in 5 Minutes

Movers

Indices

• S&P 500 ETF SPY rose 0.81% to $335.53.

• Nasdaq ETF QQQ rose 0.88% to $267.52.

• Dow Jones Industrial Average ETF DIA increased 0.99% to $279.85.

• FTSE/Xinhua China 25 ETF FXI remained unchanged at at $42.31.

• FTSE Europe ETF VGK remained unchanged at at $53.79.

Commodities

• United States Oil ETF USO increased 2.18% to $30.47.

• Gold ETF GLD rose 1.52% to $182.74.

Bonds

• 20+ Yr Treasury Bond ETF TLT fell 0.82% to $165.73.

Industries

• Retail ETF XRT remained unchanged at at $50.68.

• Energy XLE rose 1.47% to $38.76.

• Technology XLK rose 0.86% to $112.37.

• Financial XLF increased 1.62% to $25.73.

Stocks Higher

• Tesla TSLA increased 4.89% to $1441.66.

• KB Financial Group KB increased 4.34% to $34.35.

• Pacific Biosciences PACB rose 24.90% to $5.58.

Stocks Lower

• Taiwan Semiconductor TSM fell 0.35% to $77.79.

• GSX Techedu GSX fell 5.88% to $92.20.

• OneSpan OSPN fell 29.78% to $21.91.

Top News

• Hermitage Offshore Services Shares Open For Trade, Halted On Volatility ; Shares Down 35% https://www.benzinga.com/node/17053269

• India Globalization Surges On CBD Trial For Alzheimer's https://www.benzinga.com/node/17052137

• Stifel Maintains Hold on Covetrus, Raises Price Target to $23 https://www.benzinga.com/node/17053025

• Benzinga's Top Upgrades, Downgrades For August 12, 2020 https://www.benzinga.com/node/17053248

• Fortress Value Acquisition Corp Shares Expected To Open For Trade Today https://www.benzinga.com/node/17053156

Upcoming Earnings

• Cisco Systems CSCO is expected to release earnings for Q4. In the same quarter last year, they reported an earnings per share of $0.83 and revenue of $13,428,000,000. Analysts expect the revenue to be around $12,080,000,000 and the earnings per share at $0.74.

Earnings Recap

• Applied Industrial Tech AIT reported earnings today for Q4, higher than consensus estimates. They reported an earnings per share of $0.8, and sales of 725,076,000. Last year, for the same quarter, they reported an EPS of $1.2 and revenue of $882,743,000.

• China Yuchai Intl CYD released earnings for Q2, higher than analyst estimates. They reported an EPS of $0.85, and revenue of 925,156,000.In the same quarter last year, they reported an earnings per share of $0.52 and revenue of $707,184,000.

• Brinker International EAT released earnings for Q4, higher than analyst estimates. They reported an EPS of -$0.88, and revenue of 563,200,000.In the same quarter last year, they reported an earnings per share of $1.36 and revenue of $834,100,000.

• PGT Innovations PGTI released earnings for Q2, higher than analyst estimates. They reported an EPS of $0.21, and revenue of 202,783,000.In the same quarter last year, they reported an earnings per share of $0.32 and revenue of $198,570,000.