Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after June Retail Sales rose 0.5%, with May results revised substantially higher. Here's the performance of select trending stocks as of 11:00 am ET: IQ IQIYI Inc ADS 6.92% AMD Advanced Micro Devices Inc 4.20% BAC Bank of America Corporation 2.40% C Citigrp Inc 2.32% CSCO Cisco Systems 2.35% SOGO Sogou Inc 2.31% JPM JPMorgan Chase & Co 2.00% WFC Wells Fargo 1.76% SHOP(HB) Shopify Inc 1.74% CMCSA Comcast Cl A 1.59% BA Boeing Co 1.37% TVIX(HB) VS 2X VIX Short Term 1.16% MU Micron Tech 1.21% SQ Square Inc 0.99% AMZN Amazon.com Inc 0.89% AMAT Applied Materials 0.85% T AT&T Inc 0.79% NKE Nike Inc Cl B 0.76% JCP(HB) Penney (J.C.) 0.63% TRXC(HB) TransEnterix Inc 0.65% VZ Verizon Communications 0.54% NKTR(0) Nektar Therapeutics 0.46% UVXY(HB) ProShs Ultra VIX Short-Term 0.31% VXX iPath S&P 500 VIX Short-Term 0.29% X U.S. Steel Corporation 0.30% RAD Rite Aid 0.00% FB Facebook Inc 0.29% DIS Disney (Walt) Co 0.25% BIDU Baidu Inc 0.23% AAPL Apple Inc 0.25% CRM salesforce.com Inc 0.23% FIT Fitbit Inc 0.23% HMNY(HB,F) Helios and Matheson Analytics 0.27% HUYA(HB) HUYA Inc 0.16% GOOGL Alphabet Inc Cl A 0.13% LRCX Lam Research 0.03% WBA Walgreen Boots Alliance Inc 0.13% QCOM Qualcomm Inc 0.04% QQQ Invesco QQQ Trust Series 1 0.02% GOOG Alphabet Inc Cl C Cap Stock 0.01% GE General Electric Co 0.04% GEVO(HB) Gevo Inc 0.00% MSFT Microsoft Corp -0.04% HD Home Depot Inc -0.02% BABA Alibaba Group Holding Ltd -0.04% BILI(HB) Bilibili Inc ADS -0.22% SPY SPDR S&P 500 ETF -0.09% PYPL PayPal Hldgs Inc -0.10% KO Coca-Cola Co -0.11% CVS CVS Health Corp -0.13% TWTR Twitter Inc -0.20% DBX Dropbox Inc -0.25% SIRI Sirius XM Hldgs Inc -0.28% CELG Celgene Corp -0.33% INTC Intel Corp -0.34% PG Procter & Gamble Cc -0.40% NVDA Nvidia Corp -0.42% AVGO Broadcom Inc -0.42% GILD Gilead Sciences -0.45% PFE Pfizer Inc -0.47% BB BlackBerry Ltd -0.49% TEVA Teva Pharm Indus ADR -0.54% V Visa Inc -0.55% NFLX Netflix Inc -0.53% IBM Intl Business Machines Corp -0.58% WMT Wal-Mart Stores -0.57% JD JD.com Inc -0.63% KMI Kinder Morgan Inc -0.81% GERN(HB) Geron Corp -0.83% ABBV AbbVie Inc -0.91% JNJ Johnson & Johnson -0.98% ADBE Adobe Systems -1.04% SNAP(HB) Snap Inc -1.16% SBUX Starbucks Corp -1.18% ORCL Oracle Corp -1.30% XOM Exxon Mobil -1.40% CVX Chevron Corporation -1.44% CAT Caterpillar Inc -1.52% F Ford Motor -1.59% ARWR(0) Arrowhead Pharma Inc -1.71% MO Altria Grp -1.71% SRPT Sarepta Therapeutics Inc -1.87% ROKU Roku Inc Cl A -1.88% BP BP P.L.C. ADS -2.28% PBR Petroleo Brasileiro S.A. ADS -2.67% TSLA Tesla Inc -3.49% SDRL(HB) Seadrill Limited -3.87% ACBFF(HB) Aurora Cannabis Inc -5.01% CGC(HB) Canopy Growth -5.35% CHK Chesapeake Energy Corp -5.97%
Bitcoin begin the week higher, climbing as much as 5%, following reports that the world’s largest asset manager was considering a push into the digital-currency market.
Investing.com – The dollar was slightly lower against its rivals Monday, as in-line U.S. retail sales data, and slightly better than forecast regional manufacturing activity provided little impetus for upside in the greenback.
Elsewhere on the Comex, silver futures were down 0.13% to $15.795 a troy ounce. Among other precious metals, platinum slumped 1.11% to $821.20 while palladium decreased 2.03% to $914.30 an ounce. Copper futures lost 0.31% to $2.767 a pound.
The S&P 500 lost 2.5 points, or 0.09%, to 2,798.65 as of 9:50 AM ET (13:50 GMT), while the Dow decreased 14 points, or 0.06%, to 25,005.06 and the tech-heavy NASDAQ Composite was down 0.5 point, or 0.01%, to 7,825.53.
U.K. stocks finish in the red Monday, as oil shares were knocked lower and as mining shares struggled after data showed modestly slowing economic growth in China, sending London benchmark lower for the first time in three sessions.
European stocks finished lower Monday, with mining shares pulling back as Chinese economic data highlighted concerns surrounding a global trade war. Bank stocks advanced however, as Deutsche Bank AG offered a brighter outlook for its upcoming earnings report.
The U.S. dollar has so far been spared from the negative impact of trade war worries that has weighed on currencies across the board. But that’s not because a trade war would be good for the U.S., but rather because it would be so much worse for its trading partners at first, analysts say.
Ethereum rose 5.70% to $475.23 on the Bitfinex exchange. Ripple, the third largest virtual currency, increased 4.65% to $0.46806 while Litecoin was at $83.191, up 6.36%.