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

As it happens:

Latest21:05
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!

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.

19:49
US Stock Performance

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

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.

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.

18:08
Airbnb

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

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

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.

 

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 ;).

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.

14:47
US Equities

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

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.

12:41
European Equities Lunchtime Update

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

Bears right now…

 

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.

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!

 

 

10:41
Centamin (CEY) Share Price

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

09:35
European Market Movers

Actual Experience Plc +25%

SDL Plc +14%

Ted Baker +10%

Gamesys +10%

Aston Martin Lagonda +8%

1000Mercis +6%

08:44
Carnival Plc

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

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!

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