May 18, 2020

Here are Monday’s best stock-market performers as airlines and cruise lines shine


U.S. stocks staged a strong, broad rally on Monday, as investors cheered the continued reopening of the U.S. economy and good news about coronavirus vaccine trials from Moderna Inc.

The S&P 500 airlines industry group surged 14.3% as data from the Transportation Security Administration showed air passenger traffic had risen for four straight weeks. Riding on the coattails of the airlines was the S&P 500 hotels, resorts and cruise lines industry group, which leapt 13.4% on the day.

The S&P 500 airlines as a group are still down 61% this year, while the hotels, resorts and cruise lines industry group is down 51% for 2020, according to FactSet.

Among major benchmarks, the Dow Jones Industrial Average DJIA+3.85% climbed 912 points, or 3.9%, to close at 24,597.37. The index is now down 13.8% for 2020 after bottoming on MARCH 23. (All figures in this article exclude dividends.)

The S&P 500 index SPX+3.15%  soared was lifted 3.2% and ended down 8.6% for 2020.

The Nasdaq Composite Index COMP+2.44%  rose 2.4% and now shows a gain for 2020 of 2.9%. Shares of Moderna MRNA+19.96%  soared 20% after the company announced positive results for a Phase 1 clinical trial of its mRNA coronavirus vaccine.

It was quite a day for some of the hardest-hit sectors and industries. Here’s how the 11 sectors of the S&P 500 performed Monday:

S&P 500 SectorPrice change – May 18Price change – 2020Price change – 2019
Real Estate4.9%-16.3%24.9%
Consumer Discretionary3.2%-1.4%26.2%
Information Technology2.6%4.4%48.0%
Communication Services2.1%-3.2%30.9%
Consumer Staples1.7%-7.8%24.0%
Health Care0.9%-0.8%18.7%
Source: FactSet
Dow 30

All but one of the 30 components of the Dow Jones Industrial Average were up on Monday:

CompanyTickerPrice change – May 18Price change – 2020Price change – 2019
Boeing Co.BA+12.87%12.9%-58.4%1.0%
United Technologies Corp.CL:UTX9.8%-34.5%40.6%
Dow Inc.DOW+9.48%9.5%-32.9%N/A
Exxon Mobil Corp.XOM+7.95%8.0%-35.0%2.3%
3M Co.MMM+7.63%7.6%-15.4%-7.4%
American Express Co.AXP+7.53%7.5%-29.0%30.6%
Walt Disney Co.DIS+7.15%7.2%-19.2%31.9%
Caterpillar Inc.CAT+6.58%6.6%-22.1%16.2%
Walgreens Boots Alliance Inc.WBA+6.41%6.4%-30.7%-13.7%
Goldman Sachs Group Inc.GS+5.82%5.8%-20.9%37.6%
Travelers Companies Inc.TRV+5.53%5.5%-30.4%14.4%
JPMorgan Chase & Co.JPM+5.3%5.3%-35.1%42.8%
Nike Inc. Class BNKE+4.66%4.7%-10.1%36.6%
Visa Inc. Class AV+4.3%4.3%1.9%42.4%
Coca-Cola Co.KO+3.95%4.0%-18.8%16.9%
International Business Machines Corp.IBM+3.92%3.9%-9.3%17.9%
Chevron Corp.CVX+5.33%3.8%-23.2%10.8%
McDonald’s Corp.MCD+3.46%3.5%-9.0%11.3%
Intel Corp.INTC+2.81%2.8%0.1%27.5%
Home Depot Inc.HD+2.52%2.5%12.4%27.1%
Apple Inc.AAPL+2.36%2.4%7.3%86.2%
Verizon Communications Inc.VZ+1.85%1.8%-9.3%9.2%
Cisco Systems Inc.CSCO+1.78%1.8%-6.0%10.7%
Procter & Gamble Co.PG+1.4%1.4%-7.0%35.9%
Walmart Inc.WMT+1.37%1.4%7.4%27.6%
Microsoft Corp.MSFT+0.96%1.0%17.3%55.3%
UnitedHealth Group Inc.UNH+0.82%0.8%-0.2%18.0%
Pfizer Inc.PFE+0.82%0.8%-2.8%-10.2%
Johnson & JohnsonJNJ+0.05%0.1%3.2%13.0%
Merck & Co. Inc.MRK-0.08%-0.1%-12.3%19.0%
Source: FactSet
S&P 500

Among the S&P 500, 464 stocks were up on Monday. Here are the day’s 20 best performers:

CompanyTickerPrice change – May 18Price change – 2020Price change – 2019
United Airlines Holdings Inc.UAL+21.13%21.1%-72.6%5.2%
Expedia Group Inc.EXPE+18.62%18.6%-26.8%-4.0%
Norwegian Cruise Line Holdings Ltd.NCLH+17.95%17.9%-77.9%37.8%
L Brands Inc.LB+17.59%17.6%-29.5%-29.4%
Alliance Data Systems Corp.ADS+17.42%17.4%-60.0%-25.2%
Marriott International Inc. Class AMAR+17.38%17.4%-38.2%39.5%
Halliburton Co.HAL+17.21%17.2%-53.0%-7.9%
Host Hotels & Resorts Inc.HST+17.1%17.1%-36.5%11.3%
Royal Caribbean Cruises Ltd.RCL+16.69%16.7%-67.3%36.5%
Marathon Petroleum Corp.MPC+15.35%15.3%-42.0%2.1%
Ventas Inc.VTR+15.34%15.3%-44.1%-1.5%
Live Nation Entertainment Inc.LYV+15.2%15.2%-35.4%45.1%
Carnival Corp.CCL+15.18%15.2%-71.0%3.1%
TechnipFMC PLCFTI+14.88%14.9%-65.1%9.5%
HollyFrontier Corp.HFC+14.85%14.8%-39.1%-0.8%
Howmet Aerospace Inc.HWM+14.58%14.6%-50.7%82.5%
Harley-Davidson Inc.HOG+14.55%14.5%-39.4%9.0%
Leggett & Platt Inc.LEG+14.39%14.4%-40.1%41.8%
General Electric Co.GE+14.21%14.2%-43.8%53.4%
TransDigm Group Inc.TDG+14.01%14.0%-33.8%64.7%
Source: FactSet

Here are the 10 best performers on Monday among components of the Nasdaq-100 Index NDX+1.96% :

CompanyTickerPrice change – May 18Price change – 2020Price change – 2019
United Airlines Holdings Inc.UAL+21.13%21.1%-72.6%5.2%
Expedia Group Inc.EXPE+18.62%18.6%-26.8%-4.0%
Marriott International Inc. Class AMAR+17.38%17.4%-38.2%39.5%
NXP Semiconductors NVNXPI+12.85%12.8%-19.8%73.7%
Align Technology Inc.ALGN+12.64%12.6%-17.8%33.2%
Booking Holdings Inc.BKNG+12.51%12.5%-24.2%19.2% Inc. ADR Class AJD+9.2%9.2%57.6%68.3%
CDW Corp.CDW+8.89%8.9%-25.4%76.2%
Western Digital Corp.WDC+8.08%8.1%-33.2%71.7%
Baidu Inc. ADR Class ABIDU+7.74%7.7%-14.9%-20.3%
Source: FactSet

By Philip van Doorn

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