Today's Stock Market News & Events: 11/10/2020

Today's market-moving economic data and earnings schedule

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    Stocks rallied to record levels on Monday. The biggest driver of yesterday's positive price action was optimistic trial dataT from drugmakers Pfizer (PFE) and BioNTech (BNTX), which showed a 90% efficacy rate in its COVID-19 vaccine.  The Dow Jones Industrial Average (DJI - 29,157.97) rose 3%, for the day on Monday. Ahe S&P 500 Index (SPX - 3,550.50) added 1.2%, for the day yesterday and the Nasdaq Composite (IXIC - 11,713.78) fell 1.5% yesterday. The Cboe Volatility Index (VIX - 25.75) lost 3.6% during Monday's session.

    Before the opening bell rings today, click here to review what you may have missed from our actionable trading insights posted yesterday.

    While the regular onslaught of economic data took a break on Monday, things are slated to pick up a bit today, with the National Federation of Independent Business (NFIB) small-business index on deck, as well as the latest jobs openings data. Earnings from CyberArk (CYBR), Lyft (LYFT), and D.R. Horton (DHI), as well as a good number of other companies, are due out today.

    For your convenience, we have rounded up the companies slated to release earnings today, November 10:

    Advance Auto Parts, Inc. (NYSE:AAP -- $156.76) provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy-duty trucks. Advance Auto will report its third-quarter earnings before the bell today.

    AerCap Holdings N.V. (NYSE:AER -- $35.52) an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines. AerCap will report its third-quarter earnings before the bell today.

    BioNTech SE (NASDAQ:BNTX -- $104.80) operates as a clinical-stage biotechnology company. BioNTech will report its second-quarter earnings before the bell today.

    CAE, Inc. (NYSE:CAE -- $21.41) provides training solutions for the civil aviation, defense and security, and healthcare markets worldwide. CAE will report its second-quarter earnings of 2021 before the bell today.

    ChipMOS TECHNOLOGIES, Inc. (NASDAQ:IMOS -- $19.60) researches, develops, manufactures, and sells high integration and high precision integrated circuits, and related assembly and testing services. IMOS stock is currently trading up 5.3% year-to-date. ChipMOS TECHNOLOGIES will report its third-quarter earnings before the bell today.

    Corsair Gaming, Inc. (NASDAQ:CRSR -- $26.32) designs, markets, and distributes gaming and streaming peripherals, components and systems. Corsair Gaming will report its third-quarter earnings before the bell today.

    CyberArk Software Ltd. (NASDAQ:CYBR -- $105.54) develops, markets, and sales software-based security solutions and services. CyberArk will report its third-quarter earnings before the bell today.

    D.R. Horton, Inc. (NYSE:DHI -- $64.95) operates as a home construction company. D.R. Horton will report its fourth-quarter earnings before the bell today.

    Embraer SA (NYSE:ERJ -- $5.50) designs, develops, manufactures, and sells aircrafts and systems. ERJ stock is trading down (54.3%) year-to-date. Embraer SA will report its third-quarter earnings before the bell today.

    Novanta, Inc. (NASDAQ:NOVT -- $122.58) designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems. Novanta will report its third-quarter earnings before the bell today.

    Rockwell Automation, Inc. (NYSE:ROK -- $254.74) engages in the provision of industrial automation and information services. Rockwell Automation will report its third-quarter earnings before the bell today.

    TC Pipelines, LP (NYSE:TCP -- $28.64) acquires, owns, and participates in the management of energy infrastructure businesses. TC Pipelines will report its third-quarter earnings before the bell today.

    10x Genomics, Inc. (NASDAQ:TXG -- $134.16) develops and sells instruments, consumables, and software for analyzing biological systems. 10x Genomics will report its third-quarter earnings after the market closes today.

    1Life Healthcare, Inc. (NASDAQ:ONEM -- $32.36) operates a membership-based primary care platform. 1Life Healthcare will report its third-quarter earnings after the market closes today.

    Adaptive Biotechnologies Corporation (NASDAQ:ADPT -- $48.08) develops an immune medicine platform for the diagnosis and treatment of various diseases. Adaptive Biotechnologies will report its third-quarter earnings after the market closes today.

    Alcon, Inc. (NYSE:ALC -- $65.63) researches, develops, manufactures, distributes, and sells eye care products. Alcon will report its third-quarter earnings after the market closes today.

    Amdocs Limited (NASDAQ:DOX -- $60.76) provides software and services. Amdocs will report its first-quarter earnings of 2021 after the market closes today.

    Ashland Global Holdings, Inc. (NYSE:ASH -- $78.51) provides specialty chemical solutions worldwide. Ashland will report its third-quarter earnings after the market closes today.

    Brooks Automation, Inc. (NASDAQ:BRKS -- $60.71) provides automation and cryogenic solutions worldwide. Brooks Automation will report its fourth-quarter earnings after the market closes today.

    Coherent, Inc. (NASDAQ:COHR -- $140.45) provides lasers, laser-based technologies, and laser-based system solutions. Coherent will report its fourth-quarter earnings after the market closes today.

    Covetrus, Inc. (NASDAQ:CVET -- $26.63) operates as an animal-health technology and services company. Covetrus will report its third-quarter earnings after the market closes today.

    Datadog, Inc. (NASDAQ:DDOG -- $94.89) provides monitoring and analytics platform. Datadog will report its third-quarter earnings after the market closes today.

    Fair Isaac Corporation (NYSE:FICO -- $430.50) develops analytic, software, and data management products and services. Fair Isaac Corporation will report its fourth-quarter earnings after the market closes today.

    Fox Factory Holding Corporation (NASDAQ:FOXF -- $83.48) designs, engineers, manufactures, and markets ride dynamics products worldwide. Fox Factory Holding will report its third-quarter earnings after the market closes today.

    Grocery Outlet Corporation (NASDAQ:GO -- $41.21) owns and operates a chain of grocery stores in the United States. Grocery Outlet will report its third-quarter earnings after the market closes today.

    Health Catalyst, Inc. (NASDAQ:HCAT -- $35.74) provides data and analytics technology and services to healthcare organizations. Health Catalyst will report its third-quarter earnings after the market closes today.

    Kornit Digital Ltd. (NASDAQ:KRNT -- $66.52) develops, designs, and markets digital printing solutions. Kornit Digital will report its third-quarter earnings after the market closes today.

    Lyft, Inc. (NASDAQ:LYFT -- $37.69) operates a peer-to-peer marketplace for on-demand ridesharing. Lyft will report its third-quarter earnings after the market closes today.

    Model N, Inc. (NYSE:MODN -- $35.46) engages in the provision of revenue management cloud solutions for the life science and technology industries. Model N will report its fourth-quarter earnings after the market closes today.

    Palomar Holdings, Inc. (NASDAQ:PLMR -- $99.38) provides specialty property insurance. Palomar Holdings will report its third-quarter earnings after the market closes today.

    Perspecta, Inc. (NYSE:PRSP -- $22.42) engages in the provision of end-to-end enterprise information technology services. Perspecta will report its second-quarter earnings of 2021 after the market closes today.

    Purple Innovation, Inc. (NASDAQ:PRPL -- $27.28) designs and manufactures mattresses, pillows, and cushions. Purple Innovation will report its third-quarter earnings after the market closes today.

    Rackspace Technology, Inc. (NASDAQ:RXT -- $17.74) engages in the provision of end-to-end multi-cloud technology services. Rackspace Technology will report its third-quarter earnings after the market closes today.

    Rocket Companies, Inc. (NYSE:RKT -- $21.43) engages in the mortgage business. Rocket Companies will report its third-quarter earnings after the market closes today.

    Sanmina Corporation (NASDAQ:SANM -- $28.71) provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services. Sanmina will report its fourth-quarter earnings after the market closes today.

    Silk Road Medical, Inc. (NASDAQ:SILK -- $68.19) operates as a medical device company. Silk Road Medical will report its third-quarter earnings after the market closes today.

    Tencent Music Entertainment Group (NYSE:TME -- $15.15) operates online music entertainment platforms. Tencent Music will report its third-quarter earnings after the market closes today.

    Tomorrow, November 11 is Veteran's Day. As such, there will be no economic data reported.  The U.S. stock markets are open for normal trading hours from 9:30 a.m. to 4 p.m. ET on Veteran's Day. The bond market, however, is closed tomorrow and will reopen on Thursday.

     

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