Today's Stock Market News & Events: 11/30/2020

Today's market-moving economic data and earnings schedule

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Stocks closed the holiday-shortened week with wins for both the day on Friday and for the entire week last week. Political uncertainty in the U.S. cooled off, following U.S. President Donald Trump's statement that he would exit the White House should the Electoral College vote in President-elect Joe Biden's favor. Vaccine optimism and a boost in the retail sector as the holiday shopping season kicks off has lifted investor sentiment and refocused investors. The Dow Jones Industrial Average (DJI - 29,910.37) added 37.9 points, while adding on 2.2% for the week. The S&P 500 Index (SPX - 3,638.35) rose 8.7 points on Friday and the Nasdaq Composite (IXIC - 12,205.85) gained 111.44 points for the day on Friday. The indexes added 3.9% and 3%, respectively, last week. The Cboe Volatility Index (VIX - 20.84) fell 0.4 point on Friday, and 12% on the week last week.

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Investors won't get much time to breathe following the holiday shortened week last week as they will be immediately hit with a slew of data to digest as we enter peak holiday season this week. This week kicks off with home and motor vehicle data, as well as manufacturing reports today. Specifically, Chicago purchasing managers index (PMI) and pending home sales data will be released today.

No earnings were reported on Friday, likely due to the half-day that the market was open. We will kick back off earnings report schedules again today.

For your convenience, we have rounded up the companies slated to release earnings today, November 30:

Adient plc (NYSE:ADNT -- $31.98) designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. Adient will report its fourth-quarter earnings before the bell today.

Autohome, Inc. (NYSE:ATHM -- $7.40) operates as an online destination for automobile consumers in the People's Republic of China. ATHM has remained essentially flat year-over-year. Autohome will report its third-quarter earnings before the bell today.

New Jersey Resources Corporation (NYSE:NJR -- $36.51) provides regulated gas distribution, and retail and wholesale energy services. NJ Resources will report its fourth-quarter earnings before the bell today.

OrganiGram Holdings, Inc. (NASDAQ:OGI -- $1.33) produces and sells cannabis and cannabis-derived products in Canada. OrganiGram will report its fourth-quarter earnings before the bell today.

SINA Corporation (NASDAQ:SINA -- $43.35) operates as an online media company in the People's Republic of China and internationally. SINA will report its third-quarter earnings before the bell today.

Weibo Corporation (NASDAQ:WB -- $43.11) operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. Weibo will report its fourth-quarter earnings before the bell today.

Zoom Video Communications, Inc. (NASDAQ:ZM -- $471.61) provides a video-first communications platform. Zoom Video will report its third-quarter earnings after the market closes today.

Looking ahead to tomorrow, the day will be packed to the brim. Markit manufacturing PMI, ISM Manufacturing Index, construction spending, and motor vehicle sales data are all set to be released on the first day of December tomorrow. 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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