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Today's Stock Market News & Events: 11/02/2020

Key events today for traders the day prior to the U.S. presidential election

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Last week was rough on the markets, and that's putting it lightly. Despite Thursday's bounce following economic data, the market resumed its selloff on Friday to secure all three major benchmarks their worst weekly losses since March, also locking in considerable monthly losses. For the most part, the finger of blame can be pointed at record highs in U.S. coronavirus infections. With no second stimulus to revive sentiment, hesitance surrounding the upcoming election as well as tightened restrictions internationally weighed heavily on the broader market. Big tech's lackluster earnings reports last week didn't help, either. 

The Dow Jones Industrial Average (DJI - 26,501.60) fell 0.6% on Friday, 6.5% last week, and 4.6% last month. The S&P 500 Index (SPX - 3,269.96) dropped 1.2%, for the day on Friday, 5.6% last week, and 2.7% for the month of October. The Nasdaq Composite (IXIC - 10,911.59) lost 2.5% for the day, dropping 5.6% last week and 2.3% for last month. Lastly, the Cboe Volatility Index (VIX - 38.02) added 1.1% for the day on Friday. Last week, the VIX added on a staggering 38% to land a 44.2% monthly win in October.

Today kicks off a week chockfull of opportunities for traders. The November 3 presidential election will undoubtedly capture most people's attention. However, there is still plenty of economic data to sift through and third-quarter earnings season remains in full swing with plenty of big names slated to report. We will start the week off with the ISM Manufacturing Purchasing Managers Index (PMI), Markit Manufacturing PMI, and construction spending reports. On the earnings docket, the major names will be Clorox (CLX), CVS, Estee Lauder (EL), Lumber Liquidators (LL), Marathon Petroleum (MPC), and PayPal (PYPL). 

For your convenience, we have rounded up all of the companies slated to release earnings today, November 2:

  • AMC Networks, Inc. (NASDAQ:AMCX -- $21.25) engages in owning and management of cable television networks.
    • AMC Networks will report its third-quarter earnings before the bell today.
  • BWX Technologies, Inc. (NYSE:BWXT -- $54.94) engages in the supply and provision of nuclear components and products.
    • BWX Technologies will report its third-quarter earnings before the bell today.
  • Camping World Holdings, Inc. (NYSE:CWH -- $26.66) operates as a retailer of recreational vehicles (RV) and related products and services.
    • Camping World will report its third-quarter earnings before the bell today.
  • CDW Corp. (NASDAQ:CDW -- $122.80) engages in the provision of information technology solutions.
    • CDW will report its third-quarter earnings before the bell today.
  • The Clorox Co. (NYSE:CLX -- $206.69) manufactures and markets consumer and professional products worldwide.
    • Clorox will report its first-quarter earnings of 2021 before the bell today.
  • CNA Financial Corp. (NYSE:CNA -- $29.80) operates as an insurance holding company.
    • CNA Financial will report its third-quarter earnings before the bell today.
  • Easterly Government Properties (NYSE:DEA -- $20.90) operates as a real estate investment trust.
    • Easterly Government Properties will report its third-quarter earnings before the bell today.
  • Estée Lauder Companies, Inc. (NYSE:EL -- $219.15) engages in the manufacturing of skin care, makeup, fragrance and hair care products.
    • Estée Lauder will report its first-quarter of 2021 earnings before the bell today.
  • FirstEnergy Corp. (NYSE:FE -- $29.68) engages in the generation, transmission, and distribution of electricity.
    • FirstEnergy will report its third-quarter earnings before the bell today.
  • Helios Technologies Inc. (NASDAQ:HLIO -- $41.84) engages in the development and manufacture of solutions for both the hydraulics and electronics markets.
    • Helios Technologies will report its third-quarter earnings before the bell today.
  • Henry Schein Inc. (NASDAQ:HSIC -- $63.54) engages in the provision of health care products and services.
    • Henry Schein will report its third-quarter earnings before the bell today.
  • Horizon Pharma plc (NASDAQ:HZNP -- $74.87) is a biopharmaceutical company.
    • Horizon Pharma will report its third-quarter earnings before the bell today.
  • IAA, Inc. (NYSE:IAA -- $74.87) provides auction solutions for total loss, damaged and low-value vehicles.
    • IAA will report its third-quarter earnings before the bell today.
  • Ingredion, Inc. (NYSE:INGR -- $70.89) produces and sells starches and sweeteners for various industries. INGR is currently down 4.6% year-to-date.
    • Ingredion will report its third-quarter earnings before the bell today.
  • Insperity, Inc. (NYSE:NSP -- $76.82) provides human resources and business solutions.
    • Insperity will report its third-quarter earnings before the bell today.
  • Intersect ENT, Inc. (NASDAQ:XENT -- $15.54) is a commercial drug delivery company.
    • Intersect ENT will report its third-quarter earnings before the bell today.
  • Itron, Inc. (NASDAQ:ITRI -- $67.80) is a technology and services company.
    • Itron will report its third-quarter earnings before the bell today.
  • Jacobs Engineering Group, Inc. (NYSE:J -- $95.16) provides a diverse range of technical, professional, and construction services.
    • Jacobs Engineering will report its fourth-quarter earnings before the bell today.
  • Jones Lang LaSalle, Inc. (NYSE:JLL -- $112.62) provides professional services which specializes in real estate and investment management.
    • Jones Lang LaSalle will report its third-quarter earnings before the bell today.
  • LCI Industries (NYSE:LCII -- $109.66) engages in the manufacture, supply, and distribution of OEM components.
    • LCI Industries will report its third-quarter earnings before the bell today.
  • Leidos Holdings, Inc. (NYSE:LDOS -- $82.94) scientific, engineering and information technology services and solutions.
    • Leidos will report its third-quarter earnings before the bell today.
  • Lumber Liquidators Holdings, Inc. (NYSE:LL -- $22.12) operates as a multi-channel specialty retailer of hardwood flooring and hardwood flooring enhancements and accessories.
    • Lumber Liquidators will report its third-quarter earnings before the bell today.
  • Lumentum Holdings, Inc. (NASDAQ:LITE -- $82.63) provides optical and photonic products.
    • Lumentum will report its first-quarter of 2021 earnings before the bell today.
  • Marathon Petroleum Corp. (NYSE:MPC -- $28.98) engages in refining, marketing, and transportation of petroleum products.
    • Marathon Petroleum will report its third-quarter earnings before the bell today.
  • MGM Growth Properties LLC (NYSE:MGP -- $26.45) operates as real estate investment trust.
    • MGM Growth Properties will report its third-quarter earnings before the bell today.
  • MPLX LP (NYSE:MPLX -- $17.21) engages in the operation of midstream energy infrastructure and logistics assets.
    • MPLX LP will report its third-quarter earnings before the bell today.
  • MSG Networks, Inc. (NYSE:MSGN -- $8.94) engages in the sports production, and content development and distribution.
    • MSG Networks will report its third-quarter earnings before the bell today.
  • National Retail Properties, Inc. (NYSE:NNN -- $32.01) is a real estate investment trust.
    • National Retail Properties will report its fourth-quarter earnings before the bell today.
  • NiSource, Inc. (NYSE:NI -- $22.99) engages in energy solutions.
    • NiSource will report its third-quarter earnings before the bell today.
  • ON Semiconductor Corp. (NASDAQ: ON -- $25.16) engages in the design, manufacture, and marketing of portfolio of semiconductor components. ON stock is down 4.6% year-to-date.
    • ON Semiconductor will report its third-quarter earnings before the bell today.
  • OrganiGram Holdings, Inc. (NASDAQ:OGI -- $1.21) engages in the production and sale of medical marijuana.
    • OrganiGram will report its fourth-quarter earnings before the bell today.
  • Tenneco Automotive, Inc. (NYSE:TEN -- $8.64) engages in the design, manufacture, market and sale of innovative clean air, powertrain and ride performance products and systems.
    • Tenneco will report its third-quarter earnings before the bell today.
  • Turning Point Therapeutics, Inc. (NASDAQ:TPTX -- $92.19) 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.
  • US Foods Holding Corp. (NYSE:USFD -- $20.95) operates as a foodservice distributor.
    • US Foods will report its third-quarter earnings before the bell today.
  • Waste Management, Inc. (NYSE:WM -- $108.67) engages in the provision of waste management environmental services.
    • Waste Management will report its third-quarter earnings before the bell today.
  • Wingstop, Inc. (NASDAQ:WING -- $115.82) is a franchisor and operator of restaurants.
    • Wingstop will report its third-quarter earnings before the bell today.
  • ADTRAN, Inc. (NASDAQ:ADTN -- $10.85) provides networking and communications equipment.
    • ADTRAN will report its third-quarter earnings after the market closes today.
  • Alliant Energy Corp. (NASDAQ:LNT -- $55.76) is a regulated investor-owned public utility holding company.
    • Alliant Energy will report its third-quarter earnings after the market closes today.
  • AMC Entertainment Holdings, Inc. (NYSE:AMC -- $2.29) engages in the theatrical exhibition business.
    • AMC Entertainment will report its third-quarter earnings after the market closes today.
  • American States Water Company (NYSE:AWR -- $74.69) engages in the purchase, production, distribution, and sale of water.
    • American States Water will report its third-quarter earnings after the market closes today.
  • Arista Networks, Inc. (NYSE:ANET -- $210.84) engages in the development, marketing, and sale of cloud networking solutions.
    • Arista Networks will report its third-quarter earnings after the market closes today.
  • Assurant, Inc. (NYSE:AIZ -- $124.37) engages in the provision of risk management solutions.
    • Assurant will report its third-quarter earnings after the market closes today.
  • Black Hills Corp. (NYSE:BKH -- $56.66) is a diversified energy company.
    • Black Hills Corp will report its third-quarter earnings after the market closes today.
  • Bruker Corp. (NASDAQ:BRKR -- $42.84) engages in the development, manufacture, and distribution of scientific instruments, and analytical and diagnostic solutions.
    • Bruker will report its third-quarter earnings after the market closes today.
  • Cardlytics, Inc. (NASDAQ:CDLX -- $74.50) engages in the development of marketing solutions through its purchase intelligence platform.
    • Cardlytics will report its third-quarter earnings after the market closes today.
  • CDK Global, Inc. (NASDAQ:CDK -- $43.53) provides integrated information technology and digital marketing solutions.
    • CDK Global will report its first-quarter earnings of 2021 after the market closes today.
  • Cirrus Logic, Inc. (NASDAQ:CRUS -- $69.55) develops high-precision, analog and mixed-signal integrated circuits for a range of customers.
    • Cirrus Logic will report its second-quarter earnings of 2021 after the market closes today.
  • CNO Financial Group, Inc. (NYSE:CNO -- $17.90) is an insurance holding company.
    • CNO Financial will report its third-quarter earnings after the market closes today.
  • Diamondback Energy, Inc. (NASDAQ:FANG -- $25.56) is an independent oil and natural gas company.
    • Diamondback Energy will report its third-quarter earnings after the market closes today.
  • Douglas Emmett, Inc. (NYSE:DEI -- $23.60) is a real estate investment trust.
    • Douglas Emmett will report its third-quarter earnings after the market closes today.
  • Encore Capital Group, Inc. (NASDAQ:ECPG -- $31.93) provides debt management and recovery solutions.
    • Encore Capital will report its third-quarter earnings after the market closes today.
  • Esperion Therapeutics, Inc. (NASDAQ:ESPR -- $30.42) engages in the development and commercialization of oral therapies.
    • Esperion Therapeutics will report its third-quarter earnings after the market closes today.
  • EverQuote, Inc. (NASDAQ:EVER -- $33.49) operates as an online insurance marketplace.
    • EverQuote will report its third-quarter earnings after the market closes today.
  • Fabrinet (NYSE:FN -- $60.82) provides optical packaging and electronic manufacturing services.
    • Fabrinet will report its first-quarter earnings of 2021 after the market closes today.
  • Foundation Building Materials, Inc. (NYSE: FBM -- $14.56) engages in the distribution of wallboard, suspended ceilings systems, metal framing, and complementary products.
    • Foundation Building Materials will report its third-quarter earnings after the market closes today.
  • Freshpet, Inc. (NASDAQ:FRPT -- $115.24) engages in the manufacturing, marketing, and distribution of pet food and pet treats for dogs and cats.
    • Freshpet will report its third-quarter earnings after the market closes today.
  • Genpact Ltd. (NYSE:G -- $34.68) engages in the business process management, outsourcing, shared services and information outsourcing.
    • Genpact will report its third-quarter earnings after the market closes today.
  • Halozyme Therapeutics, Inc. (NASDAQ:HALO -- $28.26) is a biopharmaceutical company.
    • Halozyme Therapeutics will report its third-quarter earnings after the market closes today.
  • Healthpeak Properties, Inc. (NYSE:PEAK -- $27.23) is a real estate investment trust.
    • Healthpeak will report its third-quarter earnings after the market closes today.
  • Huron Consulting Group, Inc. (NASDAQ:HURN -- $37.86) is a real estate investment trust.
    • Huron Consulting will report its third-quarter earnings after the market closes today.
  • Ichor Holdings Ltd. (NASDAQ:ICHR -- $23.98) engages in designing, engineering, and manufacturing fluid delivery subsystems for semiconductor capital equipment.
    • Ichor will report its third-quarter earnings after the market closes today.
  • Ingersoll-Rand, Inc. (NYSE:IR -- $35.27) provides a broad range of mission critical air, fluid, energy, specialty vehicle and medical technologies.
    • Ingersoll-Rand will report its third-quarter earnings after the market closes today.
  • Inspire Medical Systems, Inc. (NYSE:INSP -- $119.43) engages in the development and commercialization of minimally invasive solutions.
    • Inspire Medical Systems will report its third-quarter earnings after the market closes today.
  • J2 Global, Inc. (NASDAQ:JCOM -- $67.80) engages in the provision of Internet services.
    • J2 Global will report its third-quarter earnings after the market closes today.
  • Jazz Pharmaceuticals plc (NASDAQ:JAZZ -- $144.10) operates as a specialty biopharmaceutical company.
    • Jazz Pharmaceuticals will report its third-quarter earnings after the market closes today.
  • Kemper Corp. (NYSE:KMPR -- $61.66) engages in the property and casualty insurance, and life and health insurance businesses.
    • Kemper will report its third-quarter earnings after the market closes today.
  • Kennametal Inc. (NYSE:KMT -- $31.20) engages in the development and application of tungsten carbides, ceramics, super-hard materials and solutions.
    • Kennametal will report its third-quarter earnings after the market closes today.
  • Kforce Inc. (NASDAQ:KFRC -- $34.70) engages in the development and application of tungsten carbides, ceramics, super-hard materials and solutions.
    • Kforce will report its third-quarter earnings after the market closes today.
  • Leggett & Platt, Inc. (NYSE:LEG -- $42.17) engages in the manufacture and distribution of furniture and engineered components.
    • Leggett & Platt will report its third-quarter earnings after the market closes today.
  • Masonite International Corp. (NYSE:DOOR -- $88.00) designs and manufactures of interior and exterior doors for the residential new construction.
    • Masonite International will report its third-quarter earnings after the market closes today.
  • Matson, Inc. (NYSE:MATX -- $51.95) engages in the provision of logistics and transportation services.
    • Matson will report its third-quarter earnings after the market closes today.
  • Medifast, Inc. (NYSE:MED -- $142.21) is a health and wellness company.
    • Medifast will report its third-quarter earnings after the market closes today.
  • Mimecast Ltd. (NASDAQ:MME -- $38.41) engages in the provision of cloud security and risk management services.
    • Mimecast will report its second-quarter earnings of 2021 after the market closes today.
  • Mondelez International, Inc. (NASDAQ:MDLZ -- $53.55) engages in the provision of cloud security and risk management services.
    • Mondelez Int'l will report its third-quarter earnings after the market closes today.
  • The Mosaic Co. (NYSE:MOS -- $18.68) engages in the provision of cloud security and risk management services.
    • Mosaic will report its third-quarter earnings after the market closes today.
  • National Cinemedia, Inc. (NASDAQ:NCMI -- $2.00) provides advertising, business meetings, event services, and third-party theatre circuits.
    • National Cinemedia will report its third-quarter earnings after the market closes today.
  • NeoPhotonics Corp. (NYSE:NPTN -- $6.87) engages in the design, manufacture, and sale of hybrid photonic integrated optoelectronic modules and subsystems.
    • NeoPhotonics will report its third-quarter earnings after the market closes today.
  • Nutrien Ltd. (NYSE:NTR -- $41.49) is a crop nutrient company.
    • Nutrien will report its third-quarter earnings after the market closes today.
  • ONE Gas, Inc. (NYSE:OGS -- $70.13) provides natural gas distribution services.
    • ONE Gas will report its third-quarter earnings after the market closes today.
  • OneSpan, Inc. (NASDAQ:OPSN -- $22.17) engages in the design, development, and marketing of security solutions.
    • OneSpan will report its third-quarter earnings after the market closes today.
  • Onto Innovation, Inc. (NYSE:ONTO -- $33.29) engages in developing process control systems.
    • Onto Innovation will report its third-quarter earnings after the market closes today.
  • Otter Tail Power Co. (NASDAQ:OTTR -- $38.64) engages in the energy, infrastructure, and production businesses.
    • Otter Tail Power will report its third-quarter earnings after the market closes today.
  • Owens & Minor, Inc. (NYSE:OMI -- $25.44) engages in the provision of healthcare solutions.
    • Owens & Minor will report its third-quarter earnings after the market closes today.
  • PayPal, Inc. (NASDAQ: PYPL -- $190.36) engages in the development of technology platform for digital payments.
    • PayPal will report its third-quarter earnings after the market closes today.
  • Premier, Inc. (NASDAQ:PINC -- $32.73) operates as a holding company with interests in health services.
    • Premier will report its first-quarter earnings of 2021 after the market closes today.
  • ProPetro Holding Corp. (NYSE: PUMP -- $3.95) is an oilfield services company.
    • ProPetro will report its third-quarter earnings after the market closes today.
  • Rambus, Inc. (NASDAQ:RMBS -- $13.94) engages in the provision of cutting-edge semiconductor and Internet Protocol products.
    • Rambus will report its third-quarter earnings after the market closes today.
  • Realty Income Corp. (NYSE:O -- $58.84) is a real estate company.
    • Realty Income will report its third-quarter earnings after the market closes today.
  • SBA Communications Corp. (NASDAQ:SBAC -- $291.35) is a real estate investment trust.
    • SBA Comm will report its third-quarter earnings after the market closes today.
  • Silicon Motion Technology Corporation (NASDAQ:SIMO -- $38.06) engages in the development, manufacture and supply of semiconductor products.
    • Silicon Motion will report its third-quarter earnings after the market closes today.
  • Skyworks Solutions, Inc. (NASDAQ:SWKS -- $143.45) engages in the design, development, and manufacture of proprietary semiconductor products.
    • Skyworks will report its fourth-quarter earnings after the market closes today.
  • SolarEdge Technologies, Inc. (NASDAQ:SEDG -- $262.89) engages in the development of smart energy technology.
    • SolarEdge Technologies will report its third-quarter earnings after the market closes today.
  • Spirit Realty Capital, Inc. (NYSE:SRC -- $30.37) engages in the development of smart energy technology.
    • Spirit Realty Capital will report its third-quarter earnings after the market closes today.
  • Steris plc (NYSE:STE -- $177.19) provides infection prevention and other procedural products and services worldwide.
    • Steris will report its second-quarter earnings of 2021 after the market closes today.
  • Trex Co., Inc. (NYSE:TREX -- $70.71) engages in the manufacture of wood-alternative decking and railing.
    • Trex will report its third-quarter earnings after the market closes today.
  • Viper Energy Partners LP (NASDAQ:VNOM -- $7.11) engages in the acquisition of oil and natural gas properties.
    • Viper Energy Partners will report its third-quarter earnings after the market closes today.
  • Vornado Realty Trust (NYSE:VNO -- $30.73) is a real estate investment trust.
    • Vornado Rlty Trust will report its third-quarter earnings after the market closes today.
  • The Williams Companies, Inc. (NYSE:WMB -- $19.26) operates as an energy infrastructure company.
    • Williams Companies will report its third-quarter earnings after the market closes today.
  • WPX Energy, Inc. (NYSE:WPX -- $4.75) engages in the exploration and production of oil and natural gas.
    • WPX Energy will report its third-quarter earnings after the market closes today.

 
All eyes will zero in on the U.S. election tomorrow. Tuesday will also bring ISM Non-Manufacturing Employment and PMI data, as well as factory orders. Major companies including Sysco (SYY) and Wayfair (W) will report earnings, too. 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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