Benzinga | Jul 28, 2020 09:47AM EDT

Morning Market Stats in 5 Minutes

Movers

Indices

* S&P 500 ETF (NYSE:SPY) fell 0.26% to $322.42.

* Nasdaq ETF (NASDAQ:QQQ) remained unchanged at at $260.12.

* Dow Jones Industrial Average ETF (NYSE:DIA) fell 0.41% to $264.89.

* FTSE/Xinhua China 25 ETF (NYSE:FXI) increased 0.05% to $41.97.

* FTSE Europe ETF (NYSE:VGK) remained unchanged at at $53.61.

Commodities

* United States Oil ETF (NYSE:USO) fell 0.89% to $29.48.

* Gold ETF (NYSE:GLD) decreased 0.14% to $181.95.

Bonds

* 20+ Yr Treasury Bond ETF (NASDAQ:TLT) rose 0.25% to $169.54.

Industries

* Retail ETF (NYSE:XRT) remained unchanged at at $46.70.

* Energy (NYSE:XLE) decreased 0.56% to $37.33.

* Technology (NYSE:XLK) fell 0.30% to $106.54.

* Financial (NYSE:XLF) fell 0.31% to $23.98.

Stocks Higher

* Pfizer (NYSE:PFE) increased 1.74% to $38.26.

* Cummins (NYSE:CMI) increased 6.23% to $203.

* Spectrum Pharmaceuticals (NASDAQ:SPPI) increased 30.55% to $4.23.

Stocks Lower

* Taiwan Semiconductor (NYSE:TSM) fell 5.35% to $78.80.

* Lamb Weston Holdings (NYSE:LW) fell 7.25% to $65.46.

* MediciNova (NASDAQ:MNOV) fell 26.37% to $8.10.

Top News

* Cambridge: Q2 Earnings Insights https://www.benzinga.com/node/16807704

* New Oriental Education & Technology shares are trading lower after the company reported worse-than-expected Q4 EPS results. https://www.benzinga.com/node/16805374

* Raytheon Technologies shares are trading higher after the company reported better-than-expected Q2 EPS and sales results. https://www.benzinga.com/node/16805254

* Amalgamated Bank: Q2 Earnings Insights https://www.benzinga.com/node/16807698

* AudioCodes: Q2 Earnings Insights https://www.benzinga.com/node/16807742

Upcoming Earnings

* Advanced Micro Devices (NASDAQ:AMD) is expected to release earnings for Q2. In the same quarter last year, they reported an earnings per share of $0.08 and revenue of $1,531,000,000. Analysts expect the revenue to be around $1,860,000,000 and the earnings per share at $0.16.

* Amgen (NASDAQ:AMGN) will release earnings today for Q2. Last year, for the same quarter, they reported an EPS of $3.97 and revenue of $5,871,000,000. Analysts predict the revenue to be around $6,180,000,000 and the EPS to be at $3.84.

* eBay (NASDAQ:EBAY) is expected to release earnings for Q2. In the same quarter last year, they reported an earnings per share of $0.68 and revenue of $2,687,000,000. Analysts expect the revenue to be around $2,800,000,000 and the earnings per share at $1.06.

* Starbucks (NASDAQ:SBUX) is expected to release earnings for Q3. In the same quarter last year, they reported an earnings per share of $0.78 and revenue of $6,823,000,000. Analysts expect the revenue to be around $4,060,000,000 and the earnings per share at -$0.59.

Earnings Recap

* McDonald's (NYSE:MCD) released earnings for Q2, lower than analyst estimates. They reported an EPS of $0.66, and revenue of 3,761,500,000.In the same quarter last year, they reported an earnings per share of $2.05 and revenue of $5,341,000,000.

* Pfizer (NYSE:PFE) reported earnings today for Q2, better than consensus estimates. They reported an earnings per share of $0.78, and sales of 11,801,000,000. Last year, for the same quarter, they reported an EPS of $0.8 and revenue of $13,264,000,000.