Carmax Inc and Accenture plc Class A (Ireland) are the latest companies to report Q1 earnings while MSC Industrial Direct Co., Inc. and Acuity Brands, Inc. next
Sage Therapeutics was the biggest decliner yesterday after giving up 8.86%
European markets were down yesterday as DAX slips to 15,830 (down 0.99%).

Yesterday's market activity meant that leading equity indices in the US declined as after dropping 0.77%, S&P 500 closed at 4,348.33. Nasdaq slipped 1% and closed at 13,500.

US markets are now currently closed and set to reopen Monday; meanwhile, European markets closed lower yesterday. Asia-Pacific markets closed lower yesterday.

The earnings season is coming to an end and Carmax Inc and Accenture plc Class A (Ireland) have release their reports.

Market's down-tick coincides with some negative macro data published earlier as Crude Oil Inventories in United States fell short of market expectations (329,000) with a reading of -3.83 million, continuing the decline from the previous figure of 7.92 million.

While price action maintains a negative bias, United States Services PMI came out at 54.1, while a consensus of analysts was expecting 54. United States Existing Home Sales (May) released Thursday with a figure of 4.3 million, while the previous figure was 4.29 million.

While markets are generally down so far today, some assets outperformed such as Hain Celestial gained 5.36% to reach $12.58. Playtika (up 3.73%).

Yesterday's bearishness meant that Sage Therapeutics lost 8.86% yesterday before closing at $49.76.

Yesterday's gains added to Playtika Holding Corp.'s bullish trend that has lasted for 3 days so far, during which it increased a total of 37 cents. Daily trading volume (5.52 million shares) was above the current multiday average of 1.50 million.

Yesterday's 8.86% loss extends a 10 day bearish run in which Sage had already lost $4.94 from its share value. Daily trading volume (2.50 million shares) increased, making up 343% of the 21-day average (729,021).