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Live Stock Market Updates 11/08 – KELYB Stock Skyrockets Over 200%

Updated: 11 Aug 2020

latest updates

Latest 21:05
US Markets Close

  • Dow Jones  -0.38%  27,686
  • S&P 500  -0.79%  3,333
  • Nasdaq  -1.69%  10,782

A bit of a turnaround from the Dow Jones and S&P there gives us a red day for US equities.

Elsewhere, Apple CEO, Tim Cook became a billionaire today…

That’s all from me for today, have a good evening!

Today 20:42
Vaxart Shares

Vaxart shares are trading 15% higher at $10.83 heading into the close after the company announced it filed for an investigational new drug application for a coronavirus vaccine.

Today 19:49
US Stock Performance

Here’s how stocks are performing so far today (Via Finviz.com)…

Today 19:26
Kelly Services

$KELYB

Kelly Services shares are up 231% at $49.08 per share.

We are yet to see any stock-specific news.

Today 18:11
Qualcomm Shares Move Higher

Qualcomm shares are trading 4.20% higher at $110.83 following a report from Bloomberg that the company has won an appeal in its FTC antitrust case.

Today 18:08
Airbnb

According to CNBC, Airbnb plans to confidentially file for an IPO in August.

Today 17:46
European Equities

Here is how European equities closed out the day…

  • FTSE 100  +1.71%  6,154
  • DAX  +2.04%  12,946
  • EURO STOXX 50   +2.22%  3,332

Today 17:08
Gold Plummets

Gold hasn’t had the best of days…

Spot gold has plummeted $90 from $2027, down to $1937 after its recent surge higher.

 

Today 16:48
Boeing Shares Rally

Boeing has reported no new orders for and 43 cancellations for the Max in July.

However, Boeing shares are up 5% today as the aviation industry gets a lift on data showing commercial flights are increasing.

Its shares are flying, currently trading at $185.15, up 3.20%.

See what I did there ;).

Today 15:21
Penn Stock Climbs

$PENN

Penn Stock is trading higher again after last weeks positive Q2 earnings report. Yesterday saw a pullback but it’s up 3% so far today at $46.74.

Today 14:47
US Equities

  • Dow Jones  +1.27%   28,143
  • S&P 500      +0.49%  3,376
  • Nasdaq         -0.20%  10,946

Today 14:45
Southwest Airlines (LUV) Stock Surges

$LUV

Southwest Airlines shares are up 4.34%  at $36.54 as airline stocks trade higher after data yesterday showed an increase in travellers in August.

Today 12:41
European Equities Lunchtime Update

  • FTSE 100  +2.28%
  • DAX  +2.43%
  • EURO STOXX 50  +2.53%

Bears right now…

 

Today 12:13
FTSE 100

The FTSE 100 has climbed 2.55% higher so far today despite UK jobs data showing that total job losses from March to July reached 730,000.

The FTSE 100 is currently trading at 6,205.

…And, as I type this, retailer Debenhams has announced that it plans to cut 2,500 jobs.

Today 11:45
Russia Coronavirus Vaccine

So, Putin says that Russia has registered the first coronavirus vaccine…

They claim to have already received 1 billion overseas requests for it.

Woah!

 

 

Today 10:41
Centamin (CEY) Share Price

Centamin’s share price has plunged 4.92% to 208.6p after gold prices fell 2% today.

Today 09:35
European Market Movers

Actual Experience Plc +25%

SDL Plc +14%

Ted Baker +10%

Gamesys +10%

Aston Martin Lagonda +8%

1000Mercis +6%

Today 08:44
Carnival Plc

Carnival’s share price is up 5.08% so far today, trading at 1018.2p.

Today 08:32
European Equities

  • FTSE 100  +1.57%  6,145
  • DAX  +1.86%  12,924
  • EURO STOXX 50  +1.81%  3,318

A very strong start!

Today 07:32
Morning Preview

Morning all…

  • In the overnight Asia session, markets were mostly green. The Nikkei closed +1.88% higher while the ASX closed 0.47% higher.
  • US President Donald Trump said he is considering cutting US capital gains tax and lowering income taxes for middle-income families to help the economy from the economic fallout of the coronavirus pandemic.
  • US Treasury Secretary Mnuchin said that as of next year, Chinese firms must comply with US audit requirements or be delisted from the US stock exchange.
  • In more US news, Trump said that the US-China phase one trade deal means very little.
  • Nikola $NKLA yesterday confirmed an order of thousands of electric refuse trucks for Republic Services. Nikola’s share price surged 22% after the news.
  • In FX markets, we are seeing the dollar gain some strength so far this morning. The EURUSD is currently trading at 1.1730.
  • Looking at today’s calendar we have already had UK employment numbers released, while to come there is the European ZEW economic sentiment, German ZEW economic sentiment, and US PPI data.
  • On the earnings calendar, we have names such as Huya, SafeGuard, Kodak, Red Robin, and Cornerstone Building Brands

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