Today's Stock Market News & Events: 11/16/2020

Today's market-moving economic data and full earnings schedule

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    The major U.S. market indexes ended last week in the black, as investors were bullish on stocks tied to a potential COVID-19 vaccine, and remained hopeful of a smooth economic recovery in 2021. The surge of U.S. coronavirus cases in kept a lid on gains. The Dow Jones Industrial Average (DJI - 29,479.81) rose 399.6 points on Friday, and ended the week up 4.1%. The S&P 500 Index (SPX - 3,585.15) added 48.1 points and the Nasdaq Composite (IXIC - 11,829.29) gained 119.7 points for the day on Friday. The former tacked on 2.2%, while the latter lost 0.6%, this week. The Cboe Volatility Index (VIX - 23.10) fell 2.3 points on Friday, and closed out the week in the red with -7%.

    Miss anything last week? Now is a great time to subscribe to 5-Minute Market Rundown, delivered every Saturday morning. It's a great resource if you miss a few days in the market or you just want to begin prepping for the coming week. Here is a copy of our latest issue.

    Investors have a lot to look forward to this week with plenty economic data that needs to be unpacked While today will be relatively quiet, Tuesday will feature retail data as well as the import price and home builders indexes. Weekly jobless claims data is due out on Thursday, alongside the Philly Fed index the previous month's leading economic indicators. The week will close out quietly, as no economic data is on tap for the last day of the week.


    For your convenience, we have rounded up the companies slated to release earnings today, November 16:


    Aecom Technology Corp. (NYSE:ACM -- $49.51)
    engages in designing, building, financing, and operating infrastructure assets worldwide. Aecom Technology will report its fourth-quarter earnings before the bell today.

    Azul S.A. (NYSE:AZUL -- $16.04) provides passenger and cargo air transportation services in Brazil. Azul S.A. will report its third-quarter earnings before the bell today.

    Casper Sleep, Inc. (NYSE:CSPR -- $7.43) designs and sells sleep products. Casper Sleep will report its third-quarter earnings before the bell today.

    JD.com, Inc. (NASDAQ:JD -- $92.08) operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. JD.com will report its third-quarter earnings before the bell today.

    LexinFintech Holdings Ltd. (NASDAQ:LX -- $8.08) engages in the provision of online consumer finance platforms. LexinFintech Holdings Ltd. will report its third-quarter earnings before the bell today.

    Palo Alto Networks, Inc. (NYSE:PANW -- $258.70) provides cybersecurity platform solutions worldwide. Palo Alto Networks will report its first-quarter earnings of 2021 before the bell today.

    Tyson Foods, Inc. (NYSE:TSN -- $62.35) operates as a food company worldwide. Tyson Foods will report its fourth-quarter earnings before the bell today.

    Agora, Inc. (NASDAQ:API -- $39.00) provides Real-Time Engagement Platform-as-a-Service (RTE-PaaS). Agora will report its third-quarter earnings after the market closes today.

    Aspen Technology, Inc. (NASDAQ:AZPN -- $120.76) is a software company that offers solutions to optimize asset design, operations, and maintenance lifecycle in industrial environments. Aspen Technology will report its first-quarter earnings of 2021 after the market closes today.

    Baidu, Inc. (NASDAQ:BIDU -- $145.08) provides Internet search services in China and internationally. Baidu will report its third-quarter earnings after the market closes today.

    GAN Limited (NASDAQ:GAN -- $17.94) provides enterprise Software-as-a-Service solutions for online casino gaming and online sports betting applications. GAN Limited will report its third-quarter earnings after the market closes today.

    GDS Holdings Limited (NASDAQ:GDS -- $93.44) develops and operates data centers in the People's Republic of China. GDS Holdings will report its third-quarter earnings after the market closes today.

    iQIYI, Inc. (NASDAQ:IQ -- $26.70) provides online entertainment services. iQIYI will report its third-quarter earnings after the market closes today.

    JOYY, Inc. (NASDAQ YY -- $94.12) operates a social media platform in the People's Republic of China and internationally. JOYY will report its third-quarter earnings after the market closes today.

    Madison Square Garden Entertainment Corp. (NYSE:MSGE -- $79.45) engages in the entertainment business. Madison Square Garden will report its first-quarter earnings of 2021 after the market closes today.

    SmileDirectClub (NASDAQ:SDC -- $9.41) operates a teledentistry platform. SmileDirectClub will report its third-quarter earnings after the market closes today.

    Trip.com Group Limited (NASDAQ:TCOM -- $34.65) operates as a travel service provider. Trip.com Group will report its third-quarter earnings after the market closes today.


    Looking ahead to tomorrow, Tuesday will be jam packed with retail, industrial production, capacity utilization, and business inventories data. Additionally, the import price and home builders indexes are on tap. All earnings and economic dates listed here are tentative and subject to change. Please check with each company's respective website for official reporting dates.

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