Today's Stock Market News & Events: 7/20/2022 - Schaeffer's Investment Research (2024)

Today existing home sales datais scheduled for release.

The following public companies are slated to release corporate earnings today, July 20:

Abbott Laboratories (NYSE:ABT -- $109.93) discovers, develops, manufactures, and sells health care products worldwide. Abbott Laboratories will report its Q2 earnings of 2022 before the bell today.

ASML N.V. (NASDAQ:ASML -- $498.36) develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. ASML will report its Q2 earnings of 2022 before the bell today.

Badger Meter Inc. (NYSE:BMI -- $82.69) manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. Badger Meter will report its Q2 earnings of 2022 before the bell today.

Baker Hughes Co. (NASDAQ:BKR -- $28.22) provides a portfolio of technologies and services to energy and industrial value chain worldwide. Baker Hughes will report its Q2 earnings of 2022 before the bell today.

Biogen Inc. (NASDAQ:BIIB -- $220.26) discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases. Biogen will report its Q2 earnings of 2022 before the bell today.

Comerica Inc. (NYSE:CMA -- $77.92) provides various financial products and services. Comerica will report its Q2 earnings of 2022 before the bell today.

Elevance Health Inc. (NYSE:ELV -- $497.43) operates as a health benefits company. Elevance Health will report its Q2 earnings of 2022 before the bell today.

First Horizon Corp. (NYSE:FHN -- $21.95) operates as the bank holding company for First Horizon Bank that provides various financial services. First Horizon will report its Q2 earnings of 2022 before the bell today.

Healthcare Services Group Inc. (NASDAQ:HCSG -- $18.56) provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. Healthcare Services Group will report its Q2 earnings of 2022 before the bell today.

Lithia Motors Inc. (NYSE:LAD -- $295.56) operates as an automotive retailer in the United States. Lithia Motors will report its Q2 earnings of 2022 before the bell today.

M&T Bank Corp. (NYSE:MTB -- $164.71) operates as a bank holding company that provides commercial and retail banking services. M&T Bank will report its Q2 earnings of 2022 before the bell today.

MarketAxess Holdings Inc. (NASDAQ:MKTX -- $274.74) operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. MarketAxess will report its Q2 earnings of 2022 before the bell today.

Nasdaq Inc. (NYSE:NDAQ -- $159.32) operates as a technology company that serves capital markets and other industries worldwide. MarketAxess will report its Q2 earnings of 2022 before the bell today.

Northern Trust Corp. (NASDAQ:NTRS -- $101.22) provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. Northern Trust will report its Q2 earnings of 2022 before the bell today.

Alcoa Corp. (NYSE:AA -- $44.90) produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. Alcoa will report its Q2 earnings of 2022 after the close today.

Cohen & Steers Quality Income Realty Fund Inc. (NYSE:RQI -- $14.17) is a closed-ended equity mutual fund launched by Cohen & Steers, Inc. Cohen & Steers will report its Q2 earnings of 2022 after the close today.

Crown Holdings Inc. (NYSE:CCK -- $92.15) designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. Crown will report its Q2 earnings of 2022 after the close today.

Crown Castle International Corp. (NYSE:CCI -- $173.53) provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. Crown Castle will report its Q2 earnings of 2022 after the close today.

CSX Corp. (NYSE:CSX -- $29.72) provides rail-based freight transportation services. CSX will report its Q2 earnings of 2022 after the close today.

CVB Financial Corp. (NASDAQ:CVBF -- $24.94) operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. CVB will report its Q2 earnings of 2022 after the close today.

Discover Financial Services (NYSE:DFS -- $108.82) provides digital banking products and services, and payment services in the United States. Discover Financial Services will report its Q2 earnings of 2022 after the close today.

Equifax Inc. (NYSE:EFX -- $201.00) provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. Equifax will report its Q2 earnings of 2022 after the close today.

F.N.B. Corp. (NYSE:FNB -- $11.46) provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. F.N.B. will report its Q2 earnings of 2022 after the close today.

First Industrial Realty Inc. (NYSE:FR -- $48.27) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. First Industrial Realty will report its Q2 earnings of 2022 after the close today.

Kinder Morgan Inc. (NYSE:KMI -- $17.31) operates as an energy infrastructure company in North America. Kinder Morgan will report its Q2 earnings of 2022 after the close today.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX -- $50.56) provides truckload transportation services in the United States, Mexico, and Canada. Knight-Swift will report its Q2 earnings of 2022 after the close today.

Landstar System Inc. (NASDAQ:LSTR -- $153.92) provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. Landstar System will report its Q2 earnings of 2022 after the close today.

Las Vegas Sands Corp. (NYSE:LVS -- $35.53) develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands will report its Q2 earnings of 2022 after the close today.

PacWest Bancorp (NASDAQ:PACW -- $28.51) operates as the bank holding company for Pacific Western Bank that provides various banking products and services. PacWest Bancorp will report its Q2 earnings of 2022 after the close today.

Qualtrics International Inc. (NASDAQ:XM -- $12.64) operates an experience management platform to manage customer, employee, product, and brand experiences worldwide. Qualtrics will report its Q2 earnings of 2022 after the close today.

Rexford Industrial Realty Inc. (NYSE:REXR -- $61.30) is a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets. Rexford Industrial Realty will report its Q2 earnings of 2022 after the close today.

RLI Corp. (NYSE:RLI -- $114.03) underwrites property and casualty insurance in the United States and internationally. RLI will report its Q2 earnings of 2022 after the close today.

SEI Investments Co. (NASDAQ:SEIC -- $54.02) is a publicly owned asset management holding company. SEI Investments will report its Q2 earnings of 2022 after the close today.

SL Green Realty Corp. (NYSE:SLG -- $48.82) is a fully integrated real estate investment trust. SL Green Realty will report its Q2 earnings of 2022 after the close today.

Steel Dynamics Inc. (NASDAQ:STLD -- $66.62) operates as a steel producer and metal recycler in the United States. Steel Dynamics will report its Q2 earnings of 2022 after the close today.

Tesla Inc. (NASDAQ:TSLA -- $736.59) designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. Tesla will report its Q2 earnings of 2022 after the close today.

Umpqua Holdings Corp. (NASDAQ:UMPQ -- $17.68) operates as the holding company of Umpqua Bank that provides commercial and retail banking services. Umpqua Holdings will report its Q2 earnings of 2022 after the close today.

United Airlines Holdings Inc. (NASDAQ:UAL -- $41.47) provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. United Airlines will report its Q2 earnings of 2022 after the close today.

Valmont Industries Inc. (NYSE:VMI -- $233.39) produces and sells fabricated metal products in the United States, Australia, Brazil, Denmark, and internationally. Valmont will report its Q2 earnings of 2022 after the close today.

Wintrust Financial Corp. (NASDAQ:WTFC -- $84.50) operates as a financial holding company. Wintrust will report its Q2 earnings of 2022 after the close today.

Looking ahead to tomorrow, the usual round of initial and continuing jobless data is due out onThursdayin addition to the Philadelphia Federal Reserve manufacturing index and leading economic indicators.

Schaeffer's just publishedWhat the GameStop Stock Split Means for GME Investorsahead of GME's anticipated 4-for-1 stock split scheduled for tomorrow, July 21. If you want to know more about stock splits and if you should buy a stock ahead of a stock split, how stock splits affect current shareholders, and more, check outEverything Investors Need to Know About Stock Splits.

All economic dates listed here are tentative and subject to change.

Today's Stock Market News & Events: 7/20/2022 - Schaeffer's Investment Research (2024)

FAQs

How current events affect the stock market? ›

The relationship between supply and demand is highly sensitive to the news of the moment. Nonetheless, chasing the news is not a good stock-picking strategy for the individual investor. In most cases, professional traders react in anticipation of an event, not when the event is reported.

What kind of current events affect the value of the stock market the most? ›

News related to a specific company, such as the release of a company's earnings report, can also influence the price of a stock (particularly if the company is posting after a bad quarter). In general, strong earnings generally result in the stock price moving up (and vice versa).

How to beat the stock market? ›

The four simple rules to beating the market
  1. Get your financial house in order. You should only be investing when a few very important boxes can be checked off: ...
  2. Don't "be" the market. There are huge benefits to diversification. ...
  3. Don't pay high fees. The fees you pay for your investments seem so tiny. ...
  4. Invest for the long run.

How has the stock market done in 2022? ›

The 2022 stock market decline was an economic event involving a decline in stock markets globally. The decline was the worst for American stock indices since 2008, ending three years of gains. In February 2022, the Russian invasion of Ukraine caused a sell-off across many financial markets throughout the world.

What is the current stock market doing today? ›

Stock Indexes
SYMBOLPRICECHANGE
NASD 10019,362.43+566.16
*S&P 4003,098.13+18.32
*RUSS 2K2,254.48+11.34
*NYSE18,710.01+129.43
2 more rows

What really drives stock prices? ›

Stock prices change everyday by market forces. By this we mean that share prices change because of supply and demand. If more people want to buy a stock (demand) than sell it (supply), then the price moves up.

How can I protect my investments from market volatility? ›

Protecting your investments during volatile markets necessitates diversification, regular portfolio reviews, a long-term perspective, assessing risk tolerance, selecting quality investments, avoiding emotional decisions, utilizing stop-loss orders, and seeking professional advice; these strategies collectively empower ...

What are 4 factors that affect stock prices? ›

What factors can affect stock prices?
  • Company news and performance.
  • Industry performance.
  • Investor sentiment.
  • Economic factors.
Apr 18, 2024

What has the biggest impact on the stock market? ›

Global Economic News and Stock Market Reactions

Economic indicators such as GDP growth rates, unemployment figures, and inflation statistics play a critical role in setting market expectations.

Should you pull your money out of the stock market? ›

Key Takeaways. While holding or moving to cash might feel good mentally and help avoid short-term stock market volatility, it is unlikely to be wise over the long term. Once you cash out a stock that's dropped in price, you move from a paper loss to an actual loss.

What to do when you lose all your money in the stock market? ›

The Investor's Recovery Plan: What to Do If You've Lost Money in the Stock Market
  1. Recognize When It's Really a Loss. ...
  2. Go Easy on Yourself. ...
  3. Avoid Tax Mistakes. ...
  4. Cut Losses Short. ...
  5. Invest Again. ...
  6. Diversify Your Portfolio. ...
  7. Seeking Help When You've Lost Money in the Stock Market.
Dec 4, 2018

How not to lose money in stock market? ›

Stop Loss Strategy

With this strategy, you can place a stop-loss order to buy or sell specific stocks when they reach a particular price level. For example, suppose that you buy stocks of company XYZ at Rs 50 per share. To control your losses, you enter a stop-loss order for Rs 48 per share.

Has the stock market gone up or down since Biden took office? ›

Since Biden took office, the S&P 500 is up 48%, with approximately six months left in the President's current term. That ranks as a positive outcome, but somewhat modest compared to the returns generated during the terms of many other recent Presidents. Source: U.S. Bank Asset Management Group.

Why is the market declining? ›

Stock market news: Experts believe the primary reasons for the falling Indian stock market are the disappointing budget in 2024, below-par Q1 results in 2024, weak global cues, a fall in the purchasing power capacity of premium buyers, and trend reversal by the anchor market.

How much did the stock market go up under Trump? ›

The Dow Jones Industrial Average has climbed 21.9% under Biden, whereas it grew 44.6% for Trump. The Nasdaq composite index is up 13.8% under Biden and was up 62% for Trump.

What are 3 sort of events that impact the stock market? ›

Geopolitical events, such as assassinations, wars, elections, and terrorist attacks, can significantly impact stock market performance across various sectors. This influence typically stems from the uncertainty these events introduce into the global economic environment.

How does the current global context affect the share market? ›

Countries' economic growth or decline, international relations, political transitions and other external factors can impact share prices and the overall performance of the stock market. For example, geopolitical tensions between countries can have a dramatic effect on the value of a nation's currency.

How does the stock market affect today's economy? ›

When stocks rise, people invested in the equity markets gain wealth. This increased wealth often leads to increased consumer spending, as consumers buy more goods and services when they're confident they are in a financial position to do so.

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