Benzinga | Aug 25, 2020 09:48AM EDT

Morning Market Stats in 5 Minutes

Movers

Indices

* S&P 500 ETF (NYSE:SPY) increased 0.19% to $343.55.

* Nasdaq ETF (NASDAQ:QQQ) fell 0.29% to $282.81.

* Dow Jones Industrial Average ETF (NYSE:DIA) rose 0.33% to $284.11.

* FTSE/Xinhua China 25 ETF (NYSE:FXI) fell 0.50% to $44.39.

* FTSE Europe ETF (NYSE:VGK) remained unchanged at at $54.59.

Commodities

* United States Oil ETF (NYSE:USO) increased 2.08% to $30.97.

* Gold ETF (NYSE:GLD) increased 0.02% to $181.03.

Bonds

* 20+ Yr Treasury Bond ETF (NASDAQ:TLT) remained unchanged at at $165.93.

Industries

* Retail ETF (NYSE:XRT) remained unchanged at at $52.85.

* Energy (NYSE:XLE) increased 0.46% to $37.20.

* Technology (NYSE:XLK) fell 0.23% to $118.71.

* Financial (NYSE:XLF) increased 0.88% to $25.10.

Stocks Higher

* Intel (NASDAQ:INTC) increased 1.10% to $49.69.

* JM Smucker (NYSE:SJM) rose 6.45% to $120.34.

* Orchard Therapeutics (NASDAQ:ORTX) increased 22.96% to $6.80.

Stocks Lower

* Pfizer (NYSE:PFE) decreased 0.96% to $38.47.

* Best Buy Co (NYSE:BBY) fell 5.81% to $110.58.

* Children's Place (NASDAQ:PLCE) fell 22.74% to $18.01.

Top News

* Sidoti & Co. Maintains Neutral on Portland General Electric, Lowers Price Target to $40 https://www.benzinga.com/node/17230400

* A Look Into Gartner's Debt https://www.benzinga.com/node/17229995

* B of A Securities Reinstates Neutral on Southwest Gas Holdings, Announces $68 Price Target https://www.benzinga.com/node/17230446

* LVMH's Arnault Still Seeking Price Cut In Tiffany Deal https://www.benzinga.com/node/17230432

* Immunovant shares are trading higher after the company announced the results from its multi-center, placebo-controlled Phase 2a trial of IMVT-1401 were statistically significant. https://www.benzinga.com/node/17229962

Upcoming Earnings

* Salesforce.com (NYSE:CRM) is expected to release earnings for Q2. In the same quarter last year, they reported an earnings per share of $0.66 and revenue of $3,997,000,000. Analysts expect the revenue to be around $4,900,000,000 and the earnings per share at $0.67.

Earnings Recap

* Best Buy Co (NYSE:BBY) reported earnings today for Q2, higher than consensus estimates. They reported an earnings per share of $1.71, and sales of 9,910,000,000. Last year, for the same quarter, they reported an EPS of $1.08 and revenue of $9,536,000,000.

* JM Smucker (NYSE:SJM) reported earnings today for Q1, higher than consensus estimates. They reported an earnings per share of $2.37, and sales of 1,972,000,000. Last year, for the same quarter, they reported an EPS of $1.58 and revenue of $1,779,000,000.

* Bank of Montreal (NYSE:BMO) reported earnings today for Q3, lower than consensus estimates. They reported an earnings per share of $1.33, and sales of 5,185,000,000. Last year, for the same quarter, they reported an EPS of $1.81 and revenue of $5,066,000,000.

* Hormel Foods (NYSE:HRL) released earnings for Q3, better than analyst estimates. They reported an EPS of $0.37, and revenue of 2,381,000,000.In the same quarter last year, they reported an earnings per share of $0.37 and revenue of $2,291,000,000.

* Medtronic (NYSE:MDT) reported earnings today for Q1, higher than consensus estimates. They reported an earnings per share of $0.62, and sales of 6,507,000,000. Last year, for the same quarter, they reported an EPS of $1.26 and revenue of $7,493,000,000.