>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance/comps
:

  • M -12.7%, LB -6.1%, KSS -5.2%, WDFC -4.2%, TGT -2.5%, BKE -2%, COST -0.9%

Select Chinese related names showing weakness:

  • BZUN -1.6%, MOMO -1.4%, BABA -1.3%, JD -1.2%, BIDU -1%, WB -0.7%, .

Select metals/mining stocks trading lower:

  • AKS -2.2%, RIO -1.8%, MT -1.7%, GFI -1.6%, BBL -1.2%, CLF -1.2%, X -1.2%, NUE -0.9%, BHP -0.6%, .

Other news:

  • MDB -13.4% (Amazon Web Services launches fully managed document database service Amazon DocumentDB with MongoDB compatibility)
  • ERIC -4.2% (discloses expected Q4 provisions related to reshaping of BSS business)

Analyst comments:

  • FRO -3.8% (downgraded to Market Perform from Outperform at Wells Fargo)
  • BLDR -2.9% (downgraded to Neutral from Buy at DA Davidson)
  • ELF -2.5% (downgraded to Underperform from Market Perform at Wells Fargo)
  • BIG -2.4% (downgraded to Neutral from Buy at Goldman)
  • DLTR -1.9% (downgraded to Perform from Outperform at Oppenheimer)
  • JBLU -1.9% (downgraded to Neutral from Overweight at JP Morgan)
  • LMT -1% (downgraded to Equal-Weight from Overweight at Morgan Stanley)