Today's Stock Market News & Events: 11/09/2020

Stocks react today to major media outlets calling the U.S. presidential race over the weekend

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On Friday, investors were still awaiting a final call in the U.S. Presidential Election, as well as congressional results, which led to a dip for most of the major indexes. Still, major losses were curbed by upbeat unemployment data. The Dow Jones Industrial Average (DJI - 28,323.40) fell 0.2%, for the day on Friday, but overall rose 6.9% for the week. The S&P 500 Index (SPX - 3,509.44) shed 0.03%, for the day and the Nasdaq Composite (IXIC - 11, 895.23) gained 0.04% on Friday. The indexes rose 7.3% and 9%, respectively, last week. The Cboe Volatility Index (VIX - 24.86) lost 9.9% on Friday, and 34.6% for the week last week.

Before we dive into today's schedule, did you miss anything in the market last week with the distraction of the delayed election results? We have you covered with our 5 Minute Market Rundown, delivered every Saturday morning straight to your email inbox. Click here to join, it's free.

Today, Wall Street will have the opportunity to focus almost exclusively on the announced results of the U.S. presidential election. On Saturday, most major media outlets announced that 
Joe Biden is the projected winner of the 2020 U.S. presidential election over President Donald Trump, putting an end to a long week of hyper-focus on ballot counting in swing states. There are no major economic reports slated for release today, but there are a few major companies reporting quarterly earnings include Beyond Meat (BYND), McDonald's (MCD) and Plug Power (PLUG).

For your convenience, we have rounded up the companies slated to release earnings today, November 9:

ALLETE, Inc. (NYSE:ALE -- $53.79) operates as an energy company. Allete will report its third-quarter earnings before the bell today.

Biohaven Pharmaceutical Holding Company Ltd. (NYSE:BHVN -- $84.31) develops late-stage products candidates targeting neurological diseases and rare disorders. Biohaven Pharmaceutical will report its third-quarter earnings before the bell today.

Black Knight, Inc. (NYSE:BKI -- $94.39) engages in the provision of integrated software, data and analytics solutions. Black Knight will report its third-quarter earnings before the bell today.

Blucora, Inc. (NASDAQ:BCOR -- $10.98) provides technology-enabled financial solutions. Blucora will report its third-quarter earnings before the bell today.

Brookfield Infrastructure Partners L.P. (NYSE:BIP -- $46.76) owns and operates utilities, transport, energy, and data infrastructure businesses. Brookfield Infrastructure will report its third-quarter earnings before the bell today.

Cannae Holdings, Inc. (NYSE:CNNE -- $39.47) is a principal investment firm. Cannae Holdings will report its third-quarter earnings before the bell today.

Canopy Growth Corporation (NYSE:CGC -- $23.50) designs, develops, manufactures, and distributes golf products. Canopy Growth will report its third-quarter earnings before the bell today.

Cars.com, LLC (NYSE:CARS -- $9.32) operates as a digital marketplace and provides solutions for the automotive industry. Cars.com will report its third-quarter earnings before the bell today.

Ebix, Inc. (NASDAQ:EBIX -- $19.42) provides on-demand software and e-commerce services and solutions. Ebix will report its third-quarter earnings before the bell today.

Gogo, Inc. (NASDAQ:GOGO -- $8.73) provides inflight broadband connectivity and wireless entertainment services to the aviation industry. Gogo will report its third-quarter earnings before the bell today.

Hecla Mining Company (NYSE:HL -- $5.59) discovers, acquires, develops, and produces precious and base metal properties. Hecla Mining will report its third-quarter earnings before the bell today.

Howmet Aerospace, Inc. (NYSE:HWM -- $18.85) provides advanced engineered solutions for the aerospace and transportation industries. Howmet Aerospace will report its third-quarter earnings before the bell today.

Intercept Pharmaceuticals, Inc. (NASDAQ:ICPT -- $28.15) engages in the research, development, and commercialization of novel therapeutics in treating chronic liver diseases. Intercept Pharmaceutricals will report its third-quarter earnings before the bell today.

McDonald's Corporation (NYSE:MCD -- $216.56) operates and franchises McDonald's restaurants. McDonald's will report its third-quarter earnings before the bell today.

Madison Square Garden Sports Corp. (NYSE:MSGS -- $151.53) operates as a professional sports company. MSG Sports will report its first-quarter earnings of 2021 before the bell today.

OrganiGram Holdings, Inc. (NASDAQ:OGI -- $1.65) engages in the production and sale of medical marijuana. OrganiGram will report its fourth-quarter earnings before the bell today.

Plug Power, Inc. (NASDAQ:PLUG -- $18.86) provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets. Plug Power will report its third-quarter earnings before the bell today.

Reata Pharmaceuticals, Inc. (NASDAQ:RETA -- $131.89) is a clinical stage biopharmaceutical company. Reata Pharmaceuticals will report its third-quarter earnings before the bell today.

TEGNA, Inc. (NYSE:TGNA -- $13.17) operates as a media company in the United States. TEGNA will report its third-quarter earnings before the bell today.

Turning Point Therapeutics, Inc. (NASDAQ:TPTX -- $103.42) engages in the discovery and development of precision medicines for cancer and other diseases. Turning Point Therapeutics will report its third-quarter earnings before the bell today.

Air Lease Corporation (NYSE:AL -- $30.59) is an aircraft leasing company. Air Lease will report its third-quarter earnings after the market closes today.

Ambac Financial Group, Inc. (NYSE:AMBC -- $12.75) is a financial service holding company. Ambac will report its third-quarter earnings after the market closes today.

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA -- $86.64) is a biopharmaceutical company with small molecule drugs in development for possible clinical usage. Arena Pharmaceuticals will report its third-quarter earnings after the market closes today.

Aspen Technology, Inc. (NASDAQ:AZPN -- $116.16) provides asset optimization solutions. Aspen Technology will report its first-quarter earnings of 2021 after the market closes today.

Beyond Meat, Inc. (NASDAQ:BYND -- $156.86) manufactures, markets, and sells plant-based meat products. Beyond Meat will report its third-quarter earnings after the market closes today.

Callaway Golf Company (NYSE: ELY -- $17.15) designs, manufactures, and sells golf clubs and golf balls, apparel, gear, and other products. Callaway Golf will report its third-quarter earnings after the market closes today.

ComScore, Inc. (NASDAQ:SCOR -- $1.94) operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms. ComScore will report its third-quarter earnings after the market closes today.

DHT Holdings, Inc. (NYSE:DHT -- $5.00) owns and operates crude oil tankers. DHT will report its third-quarter earnings after the market closes today.

Diodes, Inc. (NASDAQ:DIOD -- $62.93) designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets. Diodes will report its third-quarter earnings after the market closes today.

Extended Stay America, Inc. (NASDAQ:STAY -- $12.68) owns, operates, develops, and manages hotels. Extended Stay America will report its third-quarter earnings after the market closes today.

GreenSky, Inc. (NASDAQ:GSKY -- $4.22) provides point-of-sale financing and payment solutions to merchants, consumers, and banks. GreenSky will report its third-quarter earnings after the market closes today.

The Hain Celestial Group, Inc. (NASDAQ:HAIN -- $32.58) manufactures, markets, and sells organic and natural products. Hain Celestial will report its first-quarter earnings of 2021 after the market closes today.

Heron Therapeutics, Inc. (NASDAQ:HRTX -- $16.42) engages in developing treatments to address unmet medical needs. Heron Therapeutics will report its third-quarter earnings after the market closes today.

iHeartMedia, Inc. (NASDAQ:IHRT -- $8.87) operates as a media and entertainment company worldwide. iHeartMedia will report its third-quarter earnings after the market closes today.

Inovio Pharmaceuticals, Inc. (NASDAQ:INO -- $10.53) designs, manufactures, and sells golf clubs and golf balls, apparel, gear, and other products. Inovio Pharmaceuticals will report its third-quarter earnings after the market closes today.

Inter Parfums, Inc. (NASDAQ:IPAR -- $46.55) manufactures, markets, and distributes a range of fragrances and fragrance related products. Inter Parfums will report its third-quarter earnings after the market closes today.

International Flavors & Fragrances Inc. (NYSE:IFF -- $108.56) manufactures flavors and fragrances for use in various consumer products. International Flavors & Fragrances will report its third-quarter earnings after the market closes today.

LiveRamp Holdings, Inc. (NYSE:RAMP -- $76.03) provides enterprise data connectivity platform solutions. LiveRamp will report its second-quarter earnings of 2021 after the market closes today.

MBIA, Inc. (NYSE:MBI -- $5.67) provides financial guarantee insurance services to public finance markets. MBIA will report its third-quarter earnings after the market closes today.

Mueller Water Products, Inc. (NYSE:MWA -- $10.88) manufactures and markets products and services for use in the transmission, distribution, and measurement of water. Mueller Water will report its fourth-quarter earnings after the market closes today.

Myriad Genetics, Inc. (NASDAQ:MYGN -- $14.29) engages in the discovery, development, and marketing of transformative molecular diagnostic test. Myriad Genetics will report its first-quarter earnings of 2021 after the market closes today.

National Health Investors, Inc. (NYSE:NHI -- $56.22) is a real estate investment trust. National Health will report its third-quarter earnings after the market closes today.

Neurocrine Biosciences, Inc. (NASDAQ:NBIX -- $96.34) is a commercial-stage biopharmaceutical company. Neurocrine Biosci will report its third-quarter earnings after the market closes today.

NGL Energy Partners LP (NYSE:NGL -- $2.46) engages in the ownership and operation of a vertically integrated energy business. NGL Energy Partners will report its second-quarter earnings of 2021 after the market closes today.

Nikola Corporation (NASDAQ:NKLA -- $19.58) operates as an integrated zero emissions transportation systems provider. Nikola Corporation will report its third-quarter earnings after the market closes today.

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH -- $16.97) engages in the ownership and operation of a vertically integrated energy business. Norwegian Cruise Line will report its third-quarter earnings after the market closes today.

Novavax, Inc. (NASDAQ:NVAX -- $89.86) operates as a clinical-stage biotechnology company. Novavax will report its third-quarter earnings after the market closes today.

Oak Street Health, Inc. (NYSE:OSH -- $52.04) engages in designing and building the Oak Street platform to address the unmet needs of the chronically ill Medicare population. Oak Street Health will report its third-quarter earnings after the market closes today.

Occidental Petro Corporation (NYSE:OXY -- $10.01) engages in the acquisition, exploration, and development of oil and gas properties. Occidental Petro will report its third-quarter earnings after the market closes today.

Osisko Gold Royalties Ltd. (NYSE:OR -- $12.44) acquires and manages precious metal and other royalties, streams, and similar interests. Osisko Gold Royalties will report its third-quarter earnings after the market closes today.

PC Connection, Inc. (NASDAQ:CNXN -- $49.78) provides a range of information technology (IT) solutions. PC Connection will report its third-quarter earnings after the market closes today.

Repay Holdings Corporation (NASDAQ:RPAY -- $25.93) provides integrated payment processing solutions to industry-oriented markets. Repay Holdings will report its third-quarter earnings after the market closes today.

RingCentral, Inc. (NYSE:RNG -- $294.34) provides software-as-a-service solutions. RingCentral will report its third-quarter earnings after the market closes today.

ScanSource, Inc. (NASDAQ:SCSC -- $23.14) distributes technology products and solutions. ScanSource will report its first-quarter earnings of 2021 after the market closes today.

ShockWave Medical, Inc. (NASDAQ:SWAV -- $75.56) develops and commercializes intravascular lithotripsy technology. ShockWave Medical will report its third-quarter earnings after the market closes today.

Simon Property Group, Inc. (NYSE:SPG -- $75.56) is a real estate investment trust. Simon Property will report its third-quarter earnings after the market closes today.

Talend S.A. (NASDAQ:TLND -- $42.17) provides data integration and integrity solutions. Talend will report its third-quarter earnings after the market closes today.

Taubman Centers, Inc. (NYSE:TCO -- $32.87) is an S&P MidCap 400 Real Estate Investment Trust. Taubman Centers will report its third-quarter earnings after the market closes today.

The RealReal, Inc. (NASDAQ:REAL -- $15.62) operates an online marketplace for consigned luxury goods. The RealReal will report its third-quarter earnings after the market closes today.

Tilray, Inc. (NASDAQ:TLRY -- $9.63) engages in the research, cultivation, processing, and distribution of medical cannabis. Tilray will report its third-quarter earnings after the market closes today.

Western Midstream Partners, LP (NYSE:WES -- $7.84) engages in gathering, processing, compressing, treating, stabilizing, and transporting natural gas, condensate, natural gas liquids (NGLs), and crude oil. Western Midstream will report its third-quarter earnings after the market closes today.

Wheaton Precious Metals Corp. (NYSE:WPM -- $50.33) is a mining company. Wheaton Precious Metals will report its third-quarter earnings after the market closes today.

Zix Corporation (NASDAQ:ZIXI -- $6.71) provides email encryption, data loss prevention (DLP), threat protection, and archiving. Zix will report its third-quarter earnings after the market closes today.

Zogenix, Inc. (NASDAQ:ZGNX -- $21.45) develops and commercializes transformative therapies. Zogenix will report its third-quarter earnings after the market closes today.

ZoomInfo Technologies, Inc. (NASDAQ:ZI -- $41.67) operates cloud-based go-to-market intelligence platform. ZoomInfo will report its third-quarter earnings after the market closes today.


Market-moving events should pick up a bit tomorrow, with the National Federation of Independent Business (NFIB) small-business index on deck, as well as the latest jobs openings data. Investors can also expect earnings reports from Lyft (LYFT) amidst another handful of earnings announcements.

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