Benzinga | Jul 16, 2020 09:55AM EDT

Morning Market Stats in 5 Minutes

Movers

Indices

* S&P 500 ETF (NYSE:SPY) decreased 0.70% to $319.74.

* Nasdaq ETF (NASDAQ:QQQ) fell 1.11% to $258.

* Dow Jones Industrial Average ETF (NYSE:DIA) decreased 0.68% to $267.09.

* FTSE/Xinhua China 25 ETF (NYSE:FXI) decreased 3.06% to $42.18.

* FTSE Europe ETF (NYSE:VGK) decreased 0.42% to $52.64.

Commodities

* United States Oil ETF (NYSE:USO) fell 0.48% to $29.16.

* Gold ETF (NYSE:GLD) fell 0.32% to $169.81.

Bonds

* 20+ Yr Treasury Bond ETF (NASDAQ:TLT) rose 0.65% to $167.43.

Industries

* Retail ETF (NYSE:XRT) fell 0.86% to $45.01.

* Energy (NYSE:XLE) decreased 0.78% to $37.06.

* Technology (NYSE:XLK) decreased 1.05% to $106.49.

* Financial (NYSE:XLF) decreased 0.95% to $23.93.

Stocks Higher

* UnitedHealth Group (NYSE:UNH) rose 1.32% to $307.88.

* Dell Technologies (NYSE:DELL) rose 14.26% to $60.14.

* AC Immune (NASDAQ:ACIU) increased 74.41% to $12.54.

Stocks Lower

* Bank of America (NYSE:BAC) decreased 3.99% to $23.64.

* Carnival (NYSE:CCL) decreased 8.02% to $16.07.

* Tricida (NASDAQ:TCDA) fell 35.04% to $17.02.

Top News

* Huazhu Group shares are trading lower after the company said it expects Q2 net revenue to fall 32% to 34% from the previous year. https://www.benzinga.com/node/16651933

* Morgan Stanley CEO Sees E*Trade Deal Close In First Half Of Q4 https://www.benzinga.com/node/16651742

* Atossa Therapeutics shares are trading higher after the company announced it has contracted with Avance Clinical to conduct a clinical study for its AT-301 Nasal Spray for the company's second coronavirus therapeutics development program. https://www.benzinga.com/node/16651458

* Virgin Galactic shares are trading higher after the company on Wednesday announced it will appoint former Disney executive Michael Colglazier CEO. https://www.benzinga.com/node/16651932

* VMware shares are trading higher after Dell announced it was exploring selling off its stake in the company. https://www.benzinga.com/node/16651900

Upcoming Earnings

* Netflix (NASDAQ:NFLX) will release earnings today for Q2. Last year, for the same quarter, they reported an EPS of $0.6 and revenue of $4,923,000,000. Analysts predict the revenue to be around $6,080,000,000 and the EPS to be at $1.81.

Earnings Recap

* Bank of America (NYSE:BAC) reported earnings today for Q2, better than consensus estimates. They reported an earnings per share of $0.37, and sales of 22,454,000,000. Last year, for the same quarter, they reported an EPS of $0.74 and revenue of $23,233,000,000.

* Johnson & Johnson (NYSE:JNJ) released earnings for Q2, higher than analyst estimates. They reported an EPS of $1.67, and revenue of 18,336,000,000.In the same quarter last year, they reported an earnings per share of $2.58 and revenue of $20,562,000,000.

* Morgan Stanley (NYSE:MS) released earnings for Q2, better than analyst estimates. They reported an EPS of $2.04, and revenue of 13,414,000,000.In the same quarter last year, they reported an earnings per share of $1.23 and revenue of $10,244,000,000.