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July 16, 2020, 5:59 p.m. EDT

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By William Watts, MarketWatch , Andrea Riquier

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Read: Here’s the good news and bad news about China GDP data

As widely expected, the European Central Bank made no changes to its asset-buying program or to interest rates at a meeting Thursday.

Which companies are in focus?

  • Twitter Inc. /zigman2/quotes/203180645/composite TWTR +2.03%  shares fell 1.1%. Accounts belonging to top U.S. executives, lawmakers and celebrities were compromised Wednesday afternoon in what appeared to be an attempt to siphon bitcoin from social-media followers. Twitter said it believed the incident was “a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools.”

  • Charles Schwab Corp. on Thursday reported profits that beat expectations but revenue that missed. Shares fell 2.1%.

  • Bank of America Corp. shares declined 2.7% after the bank delivered results that topped Wall Street expectations.

  • Shares of Morgan Stanley rose 2.5% after its results.

  • Domino’s Pizza Inc. /zigman2/quotes/201587798/composite DPZ +0.64% shares fell 1.5% even after the pizza chain reported quarterly results that trounced analyst expectations. U.S. same-store sales grew 16.1%, management said.

  • Shares of Johnson & Johnson rose 0.7% after the drug and consumer health products company reported second-quarter profit and sales that beat expectations, and raised its full-year outlook. The company expects the Phase 1 trial for its COVID-19 vaccine candidate to begin next week, its CFO told CNBC.

  • Abbot Laboratories /zigman2/quotes/203724446/composite ABT +0.19% shares edged 0.3% lower even after the company reported revenue and profit that beat analyst expectations, and offered rosy guidance for the coming year.

What are other markets doing?

The Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP +2.07%  fell 4.5% for its biggest one-day loss since Feb. 3, according to Dow Jones Market Data, while the CSI 300 Index /zigman2/quotes/210598128/delayed XX:000300 +2.25%  dropped 4.8%. Japan’s Nikkei 225 Index /zigman2/quotes/210597971/delayed JP:NIK +0.18%  fell 0.8%, while the Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +0.47%  in Hong Kong lost 2%.

The pan-European Stoxx 600 Europe Index /zigman2/quotes/210599654/delayed XX:SXXP -0.66%  declined 0.5%, while London’s FTSE 100 Index /zigman2/quotes/210598409/delayed UK:UKX -0.71% fell 0.7%.

The yield on the 10-year Treasury note /zigman2/quotes/211347051/realtime BX:TMUBMUSD10Y 0.00%  was off about 1.2 basis points at 0.618% as investors pivoted away from riskier assets. Bond yields and prices move in opposite directions.

The ICE U.S. Dollar Index /zigman2/quotes/210598269/delayed DXY +0.01% , a measure of the U.S. currency against a basket of six major rivals, rose 0.3%.

Oil futures /zigman2/quotes/211629951/delayed CL.1 -0.46%  were under pressure, ending lower as investors reconsidered the durability of the budding economic expansion. Meanwhile, gold /zigman2/quotes/210034565/delayed GC00 -0.25%  also pulled back.

Related: China’s stock market just jumped 6%. This is a good thing and Westerners should be glad. No, really.

/zigman2/quotes/203180645/composite
US : U.S.: NYSE
$ 40.15
+0.80 +2.03%
Volume: 19.49M
Sept. 18, 2020 4:05p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$31.76 billion
Rev. per Employee
$776,112
loading...
/zigman2/quotes/201587798/composite
US : U.S.: NYSE
$ 397.59
+2.52 +0.64%
Volume: 780,014
Sept. 18, 2020 4:00p
P/E Ratio
35.40
Dividend Yield
0.78%
Market Cap
$15.65 billion
Rev. per Employee
$236,749
loading...
/zigman2/quotes/203724446/composite
US : U.S.: NYSE
$ 106.86
+0.20 +0.19%
Volume: 7.62M
Sept. 18, 2020 4:03p
P/E Ratio
61.59
Dividend Yield
1.35%
Market Cap
$189.20 billion
Rev. per Employee
$296,874
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,338.09
+67.65 +2.07%
Volume: 25.63B
Sept. 18, 2020 3:01p
loading...
/zigman2/quotes/210598128/delayed
XX : China Securities Index
4,737.09
+104.37 +2.25%
Volume: 16.04B
Sept. 18, 2020 3:00p
loading...
/zigman2/quotes/210597971/delayed
JP : Nikkei
23,360.30
+40.93 +0.18%
Volume: 0.00
Sept. 18, 2020 3:15p
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
24,455.41
+114.56 +0.47%
Volume: 2.30M
Sept. 18, 2020 4:09p
loading...
/zigman2/quotes/210599654/delayed
XX : STOXX
368.78
-2.45 -0.66%
Volume: 0.00
Sept. 18, 2020 11:03p
loading...
/zigman2/quotes/210598409/delayed
UK : FTSE UK
6,007.05
-42.87 -0.71%
Volume: 1.54M
Sept. 18, 2020 4:56p
loading...
/zigman2/quotes/211347051/realtime
add Add to watchlist BX:TMUBMUSD10Y
BX : Tullett Prebon
0.70
0.00 0.00%
Volume: 0.00
Sept. 20, 2020 5:00p
loading...
/zigman2/quotes/210598269/delayed
US : U.S.: ICE Futures U.S.
92.94
+0.01 +0.01%
Volume: 0.00
Sept. 20, 2020 7:40p
loading...
/zigman2/quotes/211629951/delayed
US : U.S.: Nymex
$ 40.92
-0.19 -0.46%
Volume: 613.00
Sept. 20, 2020 7:39p
loading...
/zigman2/quotes/210034565/delayed
US : U.S.: Nymex
$ 1,957.10
-5.00 -0.25%
Volume: 5,426
Sept. 20, 2020 7:40p
loading...

William Watts is MarketWatch's deputy markets editor, based in New York. Follow him on Twitter @wlwatts. Andrea Riquier reports on housing and banking from MarketWatch's New York newsroom. Follow her on Twitter @ARiquier.

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