stock market

25 Nov: Stocks at 52-week high for November 24, 2020

STOCKS AT 52-WEEK HIGH FOR NOVEMBER 24, 2020, US STOCK MARKET

52-week high stocks at the close of the US stock market on November 24 , 2020.

Stocks at 52-week high for November 24, 2020
Stocks at 52-week high for November 24, 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 Nov: Stock market today November 24, 2020

stock market totoday

Dow Jones closed above 30,000 points for the time ever. Small-cap stocks outperformed. The closing numbers for the US stock market today:

S&P 500: 3,635.41,+57.82(+1.62%)
Dow 30: 30,046.24,+454.97(+1.54%)
Nasdaq: 12,036.79,+156.15(+1.31%)
Russell 2000: 1,853.53,+35.23(+1.94%)

stock market news

“Optimism over the imminent deployment of a COVID-19 vaccine propelled the Dow Jones Industrial Average above 30,000 for the first time ever on Tuesday, extending a breathtaking rally that’s carried stocks deep into a bull market.

Encouraging developments in the fight against the coronavirus have sent markets on a tear, even as the coronavirus crisis deepens around the world. The Russell 2000 (RUT) index also set a new peak, and the Dow is up over 13% in November — more than 10,000 points higher than the multi-year low it breached in March, when panic over the virus’ spread cratered global markets.

The technology-heavy Nasdaq, which have been beaten down as investors rotate out of “stay at home” stalwarts benefiting from coronavirus-related lockdowns, also posted strong gains. In early dealings, Tesla (TSLA) hit a new record high, and now has a market capitalization north of $500 billion — even before it joins the S&P 500.

Investors also cheered news that President-elect Joe Biden was poised to nominate former Federal Reserve Chair Janet Yellen — who is well regarded by Wall Street — as Treasury Secretary. Markets were also ticked higher on news that the Trump administration would formally begin the transition process, in spite of President Donald Trump’s faltering effort to challenge the vote in key swing states.”

Stock market source: Yahoo Finance

24 Nov: Stocks at 52-week high for November 23, 2020

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

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

Stocks at 52-week high for November 23, 2020
Stocks at 52-week high for November 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 Nov: Biggest stock gainers for November 23, 2020

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

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

Biggest stock gainers for November 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 Nov: Biggest stock losers for November 23, 2020

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

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

Biggest stock losers for November 23, 2020
Biggest stock losers for November 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 Nov: Most active stocks for November 23, 2020

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

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

Most active stocks for November 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.

23 Nov: Stock market today November 23, 2020

Stock market today

A stock market rally today on vaccine news. Dow Jones closed 327 points higher, Nasdaq gained 25 points, and S&P 500 20 points. Russell 200 outperformed as interest for small-cap stocks continues for investors and traders. The numbers for the US stock market today at the close:

S&P 500: 3,577.59,+20.05(+0.56%)
Dow 30: 29,591.27,+327.79(+1.12%)
Nasdaq: 11,880.63,+25.66(+0.22%)
Russell 2000: 1,818.30,+32.96(+1.85%)

stock market news

“Wall Street rallied on Monday, adding to recent gains as investors weighed new COVID-19 infections — which are leading to rising deaths and a record number of hospitalizations across the U.S. — against the rapidly unfolding timetable for the deployment of a vaccine.

Markets have been broadly encouraged by the steady flow of positive news over a coronavirus cure. On Monday, University of Oxford and AstraZeneca (AZN) revealed that their candidate demonstrated efficacy of 70.4% in two large-scale trails, If a lower dose is used, then a second, full dose, the efficacy is up to 90%, the company said.

However, AstraZeneca’s stock tumbled after one Wall Street analyst sharply questioned the efficacy of the inoculation, and raised questions about whether it would receive U.S. regulatory approval.

Those developments came on the heels of Pfizer (PFE) and BioNTech (BNTX) announcing plans to file for an emergency use authorization with the U.S. Food and Drug Administration, which would allow them to have their vaccine used in the U.S. starting in December.

“The stock market has reaffirmed its role as a discounting mechanism in looking past short-term concerns to the positive economic aspects of a COVID vaccine rollout,” noted Marc Chaikin, founder of Chaikin Analytics, a quantitative investment research firm.

“The impending roll-out of multiple, highly effective, COVID vaccines and the [Federal Reserve’s] commitment to backstopping the economy give me confidence that stocks will trade higher into year end and beyond,” he added.

Expectations for a relatively quick vaccine rollout have boosted the broader market, as well as prospects for 2021 growth, while leading investors to unwind technology-heavy “stay at home” bets that previously bolstered key stocks like Netflix (NFLX), Amazon (AMZN), Zoom (ZOOM) and other names. Both the Dow (^DJI) and S&P 500 (^GSPC) notched record closing highs last week, as traders rode a wave of exuberance sparked by the vaccine news.”

Stock market source: Yahoo Finance