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Movers Indices

• S&P 500 ETF (NYSE:SPY) increased 2.32% to $292.92.

• Nasdaq ETF (NASDAQ:QQQ) rose 1.20% to $225.95.

• Dow Jones Industrial Average ETF (NYSE:DIA) rose 2.87% to $243.72.

• FTSE/Xinhua China 25 ETF (NYSE:FXI) increased 2.63% to $39.01.

• FTSE Europe ETF (NYSE:VGK) increased 2.74% to $45.67.

Commodities

• United States Oil ETF (NYSE:USO) increased 7.37% to $24.05.

• Gold ETF (NYSE:GLD) rose 0.31% to $164.42.

Bonds

• 20+ Yr Treasury Bond ETF (NASDAQ:TLT) decreased 1.06% to $164.94.

Industries

• Retail ETF (NYSE:XRT) increased 3.96% to $38.45.

• Energy (NYSE:XLE) increased 5.98% to $38.19.

• Technology (NYSE:XLK) increased 1.87% to $95.18.

• Financial (NYSE:XLF) rose 3.80% to $21.84.

Stocks Higher

• Alibaba Group Holding (NYSE:BABA) increased 3.78% to $211.19.

• Moderna (NASDAQ:MRNA) rose 20.58% to $80.41.

• Aurora Cannabis (NYSE:ACB) increased 48.17% to $16.15.

Stocks Lower

• Amazon.com (NASDAQ:AMZN) fell 0.63% to $2394.63.

• Kirkland Lake Gold (NYSE:KL) fell 3.64% to $39.49.

• ForeScout Technologies (NASDAQ:FSCT) decreased 17.84% to $24.25.

Top News

• Shares of several technology companies are trading higher amid market strength as news from a Moderna trial stoked optimism about a potential coronavirus vaccine. https://www.benzinga.com/wiim/20/05/16055382/shares-of-several-technology-companies-are-trading-higher-amid-market-strength-as-news-from-a-modern

• UBS Maintains Buy on Polaris, Lowers Price Target to $86 https://www.benzinga.com/news/20/05/16055373/ubs-maintains-buy-on-polaris-lowers-price-target-to-86

 

Upcoming Earnings

• Baidu (NASDAQ:BIDU) will release earnings today for Q1. Last year, for the same quarter, they reported an EPS of $0.41 and revenue of $3,594,000,000. Analysts predict the revenue to be around $3,100,000,000 and the EPS to be at $0.57.

Earnings Recap

• Sohu.com (NASDAQ:SOHU) reported earnings today for Q1, higher than consensus estimates. They reported an earnings per share of -$0.47, and sales of 436,000,000. Last year, for the same quarter, they reported an EPS of -$1.39 and revenue of $431,380,000.

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