--- title: "U.S. stock market midday update: Top Kingwin down 12.89% on increased volume, no major negative news but active capital" type: "News" locale: "en" url: "https://longbridge.com/en/news/293237858.md" description: "Top Kingwin fell 12.89%; Robinhood rose 1.61%, with a transaction volume of USD 915 million; Goldman Sachs fell 0.38%, with a transaction volume of USD 566 million; Morgan Stanley fell 1.65%, with a transaction volume of USD 489 million; Charles Schwab rose 0.26%, with a market value of USD 177.1 billion" datetime: "2026-07-20T16:17:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293237858.md) - [en](https://longbridge.com/en/news/293237858.md) - [zh-HK](https://longbridge.com/zh-HK/news/293237858.md) generator: "portal-rs" --- # U.S. stock market midday update: Top Kingwin down 12.89% on increased volume, no major negative news but active capital **U.S. Stock Market Midday Update** Top Kingwin, down 12.89%, with increased trading volume and no significant news recently. Trading is active, with clear capital flows. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. **Stocks with High Trading Volume in the Industry** Robinhood up 1.61%. Based on recent key news: 1. On July 19, the DEX trading volume of Robinhood Chain reached $528.5 million, ranking fourth across the entire chain, demonstrating the platform's activity and influence in the blockchain field. Source: Jinse Finance 2. On July 20, Bernstein Investment Bank raised Robinhood's target price from $130 to $160, believing that its business transformation will drive the platform to break through its original business boundaries. Source: Jinse Finance 3. On July 18, Robinhood's CFO sold some shares, attracting market attention and potentially affecting investor confidence. Source: EDGAR system announcement on industry transformation driving trading platform transformation. Goldman Sachs down 0.38%, with increased trading volume. Based on recent key news: 1. On July 20, Goldman Sachs participated in the Hong Kong IPO of Zhongji Xuchuang, potentially raising $8 billion, with the market focusing on its impact on technology stock valuations. This move may lead to fluctuations in Goldman Sachs' stock price, as investor confidence in the tech sector weakens. Source: Bloomberg 2. On July 18, Goldman Sachs executive Ericka T. Leslie sold 250 shares at approximately $1,151, which may raise market concerns about internal confidence at Goldman Sachs. Source: EDGAR 3. On July 20, market expectations for a Federal Reserve interest rate hike increased, with the probability of a rate hike in September rising to over 50%, affecting the performance of financial stocks. Source: CME FedWatch, intensified selling in the tech sector, increasing market volatility risk. Morgan Stanley down 1.65%. Based on recent news: 1. On July 20, Morgan Stanley pointed out that European diesel supply is tight, with refining profits reaching historic highs and inventories continuing to decline, leading to increased market concerns about energy stocks. Analysts expect European diesel inventories to drop to their lowest levels in years, impacting stock price declines; Source: Zhitong Finance 2. On July 20, Morgan Stanley performed outstandingly in AI infrastructure financing, with a significant increase in underwriting fee income. The bank's innovative financing model provides funding for data center construction, aiding stock price volatility; Source: Zhitong Finance 3. On July 20, Morgan Stanley released a report stating that AI demand is driving differences between the data center storage cycle and historical cycles, with tightening supply and demand, affecting stock price volatility; Source: Hong Kong Economic Journal, strong AI demand, tight energy market, significant capital inflow. **Stocks with High Market Capitalization in the Industry** Charles Schwab up 0.26%. Based on recent key news: 1. On July 20, Jefferies analyst Daniel Fannon downgraded Stonex Group's rating to Hold and lowered the target price to $112. This move reflects the market's cautious attitude towards the financial services industry, which may affect investor confidence in Charles Schwab. 2. On July 20, B of A Securities analyst Brandon Berman downgraded FNB Corp's rating from Buy to Neutral and lowered the target price to $19. This rating adjustment indicates the market's cautious sentiment towards the banking sector, which may indirectly impact Charles Schwab's stock price. 3. On July 20, concerns over the Iran war led to a rise in oil prices of over 4%, which may affect overall market sentiment and, in turn, impact Charles Schwab's stock price. The financial services industry is facing cautious sentiment ### Related Stocks - [DPU.US](https://longbridge.com/en/quote/DPU.US.md) - [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [SCHW.US](https://longbridge.com/en/quote/SCHW.US.md) ## Related News & Research - [Lorka AI Report Finds Higher Workplace AI Adoption Among Younger Workers](https://longbridge.com/en/news/297049938.md) - [00:20 ETOperata deepens Observability across AI to human agents - launching the control layer for CX](https://longbridge.com/en/news/297264127.md) - [Former Miami Mayor Francis Suarez Joins HelloGov AI as Advisor to the Board](https://longbridge.com/en/news/297064972.md) - [How to Play Wix Stock on Big Gemini AI Win](https://longbridge.com/en/news/296953485.md) - [Morgan Stanley says buy these 5 'AI sovereignty' stocks that have at least 20% upside potential](https://longbridge.com/en/news/297296904.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**