In the present day’s Stock Market Information & Occasions: 11/23/2020
Dow Jones – In the present day’s Stock Market Information & Occasions: 11/23/2020
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Buyers kick off the holiday-shortened week with a packed financial occasion calendar
Final week, most stocks completed decrease than the week prior, with hovering COVID-19 an infection charges and the clouded waters surrounding central-bank funding for emergency credit score funding packages. These two main issues knocked investor sentiment a couple of clean financial restoration. The Dow Jones Industrial Common (DJI – 29,263.48) shed 0.8% on Friday, and 0.7% for the week final week. The S&P 500 Index (SPX – 3,557.54) shed 24.Three 0.7%, for the day on Friday, and 0.8% week-over-week. The Nasdaq Composite (IXIC – 11,854.97) shed 0.4% for the day on Friday, however squeaked by with a 0.3% acquire on the week. The Cboe Volatility Index (VIX – 23.70) rose 2.6% for the day on Friday, and a pair of.6% for the week final week.
In the present day we kick the week off with a bang, as the most recent Chicago Fed nationwide exercise knowledge is due out. Moreover, Markit manufacturing and providers PMI will be reported, in addition to a handful of firms hitting the earnings confessional at this time.
In your comfort, we’ve got rounded up the schedule for firms slated to launch earnings at this time, November 23:
Baozun, Inc. (NASDAQ:BZUN — $41.92) gives e-commerce options to model companions within the Individuals’s Republic of China. BZUN is up by 21.7% year-over-year. Baozun will report its third-quarter earnings earlier than the bell at this time.
Korn Ferry (NYSE:KFY — $38.25) gives organizational consulting providers worldwide. Korn Ferry will report its second-quarter earnings of 2021 earlier than the bell at this time.
Twist Bioscience Company (NASDAQ:TWST — $115.56) develops proprietary semiconductor-based artificial DNA manufacturing course of. Twist Bioscience will report its fourth-quarter earnings earlier than the bell at this time.
Warner Music Group Company (NASDAQ:WMG — $29.08) engages within the publishing and recording of music. Warner Music Group will report its fourth-quarter earnings earlier than the bell at this time.
Agilent Applied sciences, Inc. (NYSE:A — $110.89) gives utility centered options to the life sciences, diagnostics, and utilized chemical markets worldwide. Agilent will report its fourth-quarter earnings after the market closes at this time.
Ambarella, Inc. (NASDAQ:AM(BA) — $66.46) develops semiconductor processing options for video. Ambarella will report its third-quarter earnings after the market closes at this time.
Cabot Company (NYSE:CBT — $41.83) operates as a specialty chemical substances and efficiency supplies firm. Cabot will report its third-quarter earnings after the market closes at this time.
Enanta Prescription drugs, Inc. (NASDAQ:ENTA — $43.57) researches and develops small molecule medicine for the therapy of viral infections and liver illnesses. Enanta Prescription drugs will report its fourth-quarter earnings after the market closes at this time.
Nutanix, Inc. (NASDAQ:NTNX — $28.47) develops and gives an enterprise cloud platform. Nutanix will report its first-quarter earnings of 2021 after the market closes at this time.
City Outfitters, Inc. (NASDAQ:URBN — $30.32) engages within the retail and wholesale of basic shopper merchandise. City Outfitters will report its first-quarter earnings of 2021 after the market closes at this time.
On Friday, November 20, the next firms reported earnings we’ve got additionally rounded up the businesses slated to launch earnings at this time, November 23:
The Buckle, Inc. (NYSE:BKE — $28.81) operates as a retailer of informal attire, footwear, and equipment for younger women and men. Earnings per share had been up 60.38% over the previous 12 months to $0.85, which beat the estimate of $0.54. Income of $251,005,000 rose by 12.00% 12 months over 12 months, which beat the estimate of $232,620,000.
Foot Locker, Inc. (NYSE:FL — $41.33) operates as an athletic footwear and attire retailer. Earnings per share had been up 7.08% 12 months over 12 months to $1.21, which beat the estimate of $0.62. Income of $2,106,000,000 rose by 9.01% 12 months over 12 months, which beat the estimate of $1,940,000,000.
GSX Techedu, Inc. (NYSE:GSX — $71.35) gives on-line Ok-12 after-school tutoring providers within the Individuals’s Republic of China. Earnings per share decreased 5800.00% 12 months over 12 months to ($0.57), which missed the estimate of ($0.31). Income of $289,532,000 declined by 48.02% from the identical interval final 12 months, which beat the estimate of $288,530,000.
HeadHunter Group PLC (NASDAQ:HHR — $25.27) operates a web-based recruitment platform. Earnings per share decreased 9.09% over the previous 12 months to $0.20, which beat the estimate of $0.15. Income of $28,967,000 declined by 12.90% 12 months over 12 months, which missed the estimate of $30,050,000.
Looking forward to tomorrow, buyers will unpack the Case-Shiller nationwide dwelling price index, in addition to the patron confidence index. Keep in mind, the market might be closed on Thursday in observance of Thanksgiving, and closed for a half day on Friday (open from 9:30 a.m. ET till 1:00 p.m. ET).
Market information on CNN.
Dow Jones – In the present day’s Stock Market Information & Occasions: 11/23/2020