Morning Market Stats in 5 Minutes

Movers

Indices

• S&P 500 ETF SPY increased 0.19% to $343.55.

• Nasdaq ETF QQQ fell 0.29% to $282.81.

• Dow Jones Industrial Average ETF DIA rose 0.33% to $284.11.

• FTSE/Xinhua China 25 ETF FXI fell 0.50% to $44.39.

• FTSE Europe ETF VGK remained unchanged at at $54.59.

Commodities

• United States Oil ETF USO increased 2.08% to $30.97.

• Gold ETF GLD increased 0.02% to $181.03.

Bonds

• 20+ Yr Treasury Bond ETF TLT remained unchanged at at $165.93.

Industries

• Retail ETF XRT remained unchanged at at $52.85.

• Energy XLE increased 0.46% to $37.20.

• Technology XLK fell 0.23% to $118.71.

• Financial XLF increased 0.88% to $25.10.

Stocks Higher

• Intel INTC increased 1.10% to $49.69.

• JM Smucker SJM rose 6.45% to $120.34.

• Orchard Therapeutics ORTX increased 22.96% to $6.80.

Stocks Lower

• Pfizer PFE decreased 0.96% to $38.47.

• Best Buy Co BBY fell 5.81% to $110.58.

• Children's Place PLCE fell 22.74% to $18.01.

Top News

• Sidoti & Co. Maintains Neutral on Portland General Electric, Lowers Price Target to $40 https://www.benzinga.com/node/17230400

• A Look Into Gartner's Debt https://www.benzinga.com/node/17229995

• B of A Securities Reinstates Neutral on Southwest Gas Holdings, Announces $68 Price Target https://www.benzinga.com/node/17230446

• LVMH's Arnault Still Seeking Price Cut In Tiffany Deal https://www.benzinga.com/node/17230432

• Immunovant shares are trading higher after the company announced the results from its multi-center, placebo-controlled Phase 2a trial of IMVT-1401 were statistically significant. https://www.benzinga.com/node/17229962

Upcoming Earnings

• Salesforce.com CRM is expected to release earnings for Q2. In the same quarter last year, they reported an earnings per share of $0.66 and revenue of $3,997,000,000. Analysts expect the revenue to be around $4,900,000,000 and the earnings per share at $0.67.

Earnings Recap

• Best Buy Co BBY reported earnings today for Q2, higher than consensus estimates. They reported an earnings per share of $1.71, and sales of 9,910,000,000. Last year, for the same quarter, they reported an EPS of $1.08 and revenue of $9,536,000,000.

• JM Smucker SJM reported earnings today for Q1, higher than consensus estimates. They reported an earnings per share of $2.37, and sales of 1,972,000,000. Last year, for the same quarter, they reported an EPS of $1.58 and revenue of $1,779,000,000.

• Bank of Montreal BMO reported earnings today for Q3, lower than consensus estimates. They reported an earnings per share of $1.33, and sales of 5,185,000,000. Last year, for the same quarter, they reported an EPS of $1.81 and revenue of $5,066,000,000.

• Hormel Foods HRL released earnings for Q3, better than analyst estimates. They reported an EPS of $0.37, and revenue of 2,381,000,000.In the same quarter last year, they reported an earnings per share of $0.37 and revenue of $2,291,000,000.

• Medtronic MDT reported earnings today for Q1, higher than consensus estimates. They reported an earnings per share of $0.62, and sales of 6,507,000,000. Last year, for the same quarter, they reported an EPS of $1.26 and revenue of $7,493,000,000.