2020 October

28 Oct: Stock market today October 28, 2020

stock market today

A strong selloff today for the US stock market. Dow Jones plunged 943 points, S&P 500 fell 119 points and Nasdaq lost 426 points. Small-cap stocks fell less as Russell 2000 lost less than 3%, compared to other major stock indices. The closing numbers for the US stock market today:

S&P 500: 3,271.03,-119.65(-3.53%)
Dow 30: 26,519.95,-943.24(-3.43%)
Nasdaq: 11,004.87,-426.48(-3.73%)
Russell 2000: 1,543.28,-47.21(-2.97%)

stock market news

“Stocks dropped sharply, pointing to another volatile day on Wall Street as investors nervously eyed elevated coronavirus case counts in the U.S. and Europe, weighed outcomes of Election Day next week and contemplated when another round of fiscal stimulus out of Washington might get passed.

The drop in domestic equities came alongside a plunge in European stocks, with the STOXX 600 selling off and hitting the lowest level since May. Concerns of even more restrictions across the region weighed on global risk assets, with French President Emmanuel Macron on Wednesday imposing a new national lockdown, effective Friday, as cases in the region jump. Germany also announced a one-month partial lockdown earlier in the day, which will span all of November.

In the U.S., hospitalizations related to COVID-19 have risen by at least 10% over the past week across 32 U.S. states and Washington, D.C., according to data compiled by Bloomberg.

The CBOE Volatility Index (^VIX) jumped more than 18% to its highest level since June. Contracts on the Dow tumbled more than 700 points mid-morning. Component Microsoft dropped even after the tech giant reported quarterly revenue that grew a better-than-expected 12% as its Azure cloud offering accelerated sales growth from the previous period. Guidance for some business units’ current-quarter performance came in light, however.

Tech stocks will remain in focus on Wednesday. The U.S. Senate Committee on Commerce, Science and Transportation began holding a hearing with Twitter (TWTR) CEO Jack Dorsey, Facebook (FB) CEO Mark Zuckerberg and Alphabet (GOOG, GOOGL) CEO Sundar Pichai to discuss Section 230 of the Communications Decency Act, which has to date helped protect online platforms from liability over user-created content.”

Stock market data: Yahoo Finance

27 Oct: Stock market today October 27, 2020

Stock market today

A third consecutive day of losses for Dow Jones today. Major stock indices declined, Nasdaq pushed higher 72 points. At the close of the stock market today the numbers were as follows:

S&P 500: 3,390.68,-10.29(-0.30%)
Dow 30: 27,463.19,-222.19(-0.80%)
Nasdaq: 11,431.35,+72.41(+0.64%)
Russell 2000: 1,590.72,-14.49(-0.90%)

Stock market data: Yahoo Finance

Stock market news

Stocks were mixed Tuesday after a selloff on Wall Street pushed the Dow and S&P 500 to their biggest one-day drops in more than a month.

The Dow fell as components 3M and Caterpillar fell after reporting earnings results. A day earlier, the index dropped 650 points, or 2.3%, for its worst single-session decline since the beginning of September. The S&P 500 fell 1.9% for its worst drop since September 23, and the Nasdaq fell 1.6% for its worst decline in a week.

Airline, cruise line and resort stocks also extended losses after enduring a steep drop a day earlier, as traders fled from names most exposed to disruptions that could occur if a jump in virus cases further stems discretionary travel. Advanced Micro Devices (AMD) shares sank after the company announced it agreed to purchase peer chipmaker Xilinx (XLNX) in a $35 billion all-stock deal, confirming rumors from earlier this month. Shares of Xilinx jumped more than 10%.

Concerns over elevated new case counts in the U.S. and abroad contributed heavily to traders’ jitters. Domestically, cases hit a record high of more than 80,000 on Friday and held above that threshold again on Saturday. Dr. Anthony Fauci, the nation’s top infectious disease expert, said during Yahoo Finance’s All Markets Summit on Monday that the U.S. is still in the “original first wave” of the pandemic, given that cases never stabilized to a more manageable level to begin with. Overseas, the Czech Republic on Monday joined France, Spain and Italy in imposing an evening curfew to try and curb the spread of the coronavirus, with cases again surging across Europe.

The virus resurgence compounded with ongoing uncertainty over the U.S. election results next week and discussions over another significant coronavirus relief package out of Washington.”

Source: Yahoo Finance

26 Oct: Stock market today October 26, 2020

Stock market today

A US stock market sell-off today, Dow Jones fell 650 points, Nasdaq lost 189 points, and small-cap stocks underperformed. At the close today the numbers for the US stock market are as follows:

S&P 500: 3,400.97,-64.42(-1.86%)
Dow 30: 27,685.38,-650.19(-2.29%)
Nasdaq: 11,358.94,-189.34(-1.64%)
Russell 2000: 1,601.44,-39.06(-2.38%)

Stock market data: Yahoo Finance

Stock market news

“Stocks pointed sharply lower Monday as new data showed a jump in COVID-19 cases in both the U.S. and Europe. Restrictions tightened across major countries overseas, raising the specter of a further pullback in business operations and deeper anchor on global economic activity.

Losses accelerated around 11 a.m. ET, with the Dow dropping more than 650 points, or 2%. The S&P 500 and Nasdaq each also retreated sharply.

Shares of companies set to benefit from a broader economic reopening including airlines like American Airlines (AAL), cruise lines including Norwegian Cruise Line Holdings (NCLH) and hotels like Wynn Resorts (WYNN) sank. Shares of AstraZeneca (AZN), on the other hand, outperformed after the Financial Times reported that its COVID-19 vaccine candidate developed with the University of Oxford produced a robust immune response in elderly individuals.

The U.S. posted back-to-back days of record-high new virus cases over the weekend, with new virus cases topping 80,000 for each of Friday and Saturday. States in the West and Midwest have been hardest hit by the latest jump in cases.

France endured its own record-high day for new coronavirus cases on Sunday, when the country reported more than 52,000 positive cases over a 24-hour period. Two-thirds of the country became subject to a previously announced 9 p.m. curfew starting Friday night. In Italy, which hit a record-high for new cases last week, new business restrictions came into effect Sunday. Spain declared a state of emergency over the weekend, which also included a country-wide curfew.

“Markets ultimately care about the economic impact of pandemic news,” UBS economist Paul Donovan said in a note Monday morning. “Italy and Spain have followed France in adopting the ‘Buffy the Vampire Slayer’ approach (it is not safe to be out of doors after dark). This is obviously bad news for bars and restaurants, but more positive for supermarkets and home entertainment.”

Elsewhere, shares of Boeing (BA), Lockheed Martin (LMT) and Raytheon Technologies (RTX) came under pressure in early trading after China said it would impose sanctions on the defense units of both companies, following the U.S. approval of a $1.8 billion arms sale to Taiwan last week. China, which considers Taiwan to be part of its territory, has not yet specified the sanctions that will be put into place.”

Source: Yahoo Finance

26 Oct: Stock futures October 26, 2020

Stock futures

The stock futures at 9:00 AM, ET time are declining and point to a weak open for the US stock market today. Dow futures are declining 309 points, Nasdaq futures are losing more than 100 points, S&P 500 futures are losing 35 points.

S&P Futures: 3,416.75,-35.00(-1.01%)
Dow Futures: 27,880.00,-309.00(-1.10%)
Nasdaq Futures: 11,559.50,-104.00(-0.89%)
Russell 2000 Futures: 1,615.20,-20.40(-1.25%)

Stock market data: Yahoo Finance

24 Oct: Biggest stock gainers for October 23, 2020

BIGGEST STOCK GAINERS ON OCTOBER 23, 2020, US STOCK MARKET

These are the biggest stock gainers, top stock gainers at the close of the US stock market on October 23, 2020.

Biggest stock gainers for October 23, 2020
Biggest stock gainers for October 23, 2020

Stock market data: Investing.com

STOCK MARKET

Daily posts about the US stock market, stock news, stocksstock market news, stock market today, investing, and a stock market newsletter, with stocks to buy, stocks to sell.

24 Oct: Biggest stock losers for October 23, 2020

BIGGEST STOCK LOSERS ON OCTOBER 23, 2020, US STOCK MARKET

These are the biggest stock losers, top stock losers at the close of the US stock market on October 23, 2020.

Biggest stock losers for October 23, 2020
Biggest stock losers for October 23, 2020

Stock market data: Investing.com

STOCK MARKET

Daily posts about the US stock market, stock news, stocksstock market news, stock market today, investing, and a stock market newsletter, with stocks to buy, stocks to sell.

24 Oct: Stocks at 52-week high for October 23, 2020

STOCKS AT 52-WEEK HIGH FOR OCTOBER 23, 2020, US STOCK MARKET

52-week high stocks at the close of the US stock market on October 23 , 2020.

Stocks at 52-week high for October 23, 2020
Stocks at 52-week high for October 23, 2020

Stock market source: Investing.com

STOCK MARKET

Daily posts about the US stock market, stock news, stocksstock market news, stock market today, investing, and a  stock market newsletter, with stocks to buy, stocks to sell.

24 Oct: Most active stocks for October 23, 2020

MOST ACTIVE STOCKS FOR OCTOBER 23, 2020, US STOCK MARKET

These are the most active stocks for the US stock market on October 23, 2020.

Most active stocks for October 23, 2020
Most active stocks for October 23, 2020

Stock market data: Investing.com

STOCK MARKET

Daily posts about the US stock market, stock news, stocksstock market news, stock market today, investing, and a  stock market newsletter, with stocks to buy, stocks to sell.