Afternoon Market Stats in 5 Minutes

Movers

Indices

• S&P 500 ETF SPY fell 2.35% to $304.67.

• Nasdaq ETF QQQ fell 1.82% to $244.31.

• Dow Jones Industrial Average ETF DIA fell 2.44% to $255.16.

• FTSE/Xinhua China 25 ETF FXI fell 1.27% to $40.36.

• FTSE Europe ETF VGK decreased 2.53% to $49.98.

Commodities

• United States Oil ETF USO fell 4.66% to $27.39.

• Gold ETF GLD decreased 0.20% to $166.07.

Bonds

• 20+ Yr Treasury Bond ETF TLT rose 0.90% to $162.75.

Industries

• Retail ETF XRT decreased 3.37% to $41.64.

• Energy XLE fell 4.61% to $37.43.

• Technology XLK decreased 1.89% to $102.61.

• Financial XLF decreased 2.92% to $23.12.

Stocks Higher

• Dell Technologies DELL increased 5.44% to $51.74.

• Wins Finance Holdings WINS rose 157.60% to $50.64.

Stocks Lower

• PayPal Holdings PYPL fell 4.68% to $164.71.

• Royal Caribbean Cruises RCL fell 13.43% to $47.10.

• Nabors Industries NBR decreased 23.09% to $34.26.

Top News

• Shares of several auto maker & auto component companies are trading lower amid investor concerns of a resurgence in coronavirus cases. Additionally, the IMF cut its 2020 world economic forecast from -3% to -4.9%. https://www.benzinga.com/node/16373712

• Houston-Area Intensive Care Units Are At 97% Capacity https://www.benzinga.com/node/16373519

• Shares of several financial services companies are trading lower amid macro concerns after the IMF cut its world economy forecast and as investors weigh growing US coronavirus cases. https://www.benzinga.com/node/16373706

• Shares of several companies in the broader industrial sector are trading lower amid macro concerns after the IMF cut its 2020 world economic forecast and as investors weigh a potential resurgence in US coronavirus cases. https://www.benzinga.com/node/16373478

• Shares of several energy companies are trading lower after API reported a build in crude oil inventories. Demand outlook has also been hampered amid macro concerns after the IMF cut its world economy forecast and as investors weigh a resurgence in US coronavirus cases. https://www.benzinga.com/node/16373521

Upcoming Earnings

• BlackBerry BB will release earnings today for Q1. Last year, for the same quarter, they reported an EPS of $0.01 and revenue of $267,000,000. Analysts predict the revenue to be around $216,800,000 and the EPS to be at -$0.01.

• KB Home KBH will release earnings today for Q2. Last year, for the same quarter, they reported an EPS of $0.51 and revenue of $1,022,000,000. Analysts predict the revenue to be around $1,070,000,000 and the EPS to be at $0.5.

Earnings Recap

• Patterson Companies PDCO released earnings for Q4, better than analyst estimates. They reported an EPS of $0.43, and revenue of 1,286,000,000.In the same quarter last year, they reported an earnings per share of $0.37 and revenue of $1,437,000,000.

• Winnebago Industries WGO released earnings for Q3, better than analyst estimates. They reported an EPS of -$0.26, and revenue of 402,458,000.In the same quarter last year, they reported an earnings per share of $1.14 and revenue of $528,940,000.