Stock market news

Stock market news

23 Sep: Stock market news for September 22, 2020

Stock market news “Stocks rose on Tuesday as the major averages attempted to bounce back from recent weakness. The S&P 500 and Nasdaq Composite were coming off four straight days of losses for the first time since February, while the Dow had posted three consecutive negative days. The Dow gained 140 points, or 0.51%, breaking a three-day losing streakMicrosoft had the most positive impact on the Dow, adding 32 points to the indexThe S&P 500 gained 1.05%, breaking a four-day losing streakThe S&P 500 closed 7.6% off its record highAmazon had the most positive impact on the SPY, adding 0.90 points to the ETFEight of 11 S&P sectors were positive in Tuesday’s session, led by consumer discretionary up 2.96%. Energy was the laggard, down 1.03%The Nasdaq Composite gained 1.71%, breaking a four-day losing streakThe Nasdaq Composite closed 9.2% below its record highAmazon had the most positive impact on the Nasdaq…

22 Sep: Stock market news for September 21, 2020

Stock market news “Stocks closed broadly lower on Wall Street Monday as markets tumbled worldwide on worries about the pandemic’s economic pain. The S&P 500 ended with its fourth-straight loss, though a last-hour rally helped trim its decline by more than half. Industrial, health care and financial stocks accounted for much of the selling. Technology stocks recovered from an early slide to notch a gain. The selling followed a slide in European stocks on the possibility of tougher restrictions to stem rising coronavirus counts. The losses were widespread, with almost all the stocks in the S&P 500 lower. The S&P 500 fell 38.41 points, or 1.2%, to 3,281.06. The Dow Jones Industrial Average dropped 509.72 points, or 1.8%, to 27,147.70, and the Nasdaq composite lost 14.48 points, or 0.1%, to 10,778.80. In another sign of the increased worry, the yield on the 10-year Treasury fell to 0.65% from 0.69% late…

04 Sep: Breaking stock market news September 4, 2020

Breaking stock market news “Jobs report: US economy adds 1.371 million payrolls in August, unemployment rate dips to 8.4%. he US economy added back a greater than expected number of payrolls in August and the unemployment rate improved by a bigger than anticipated margin. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg: Change in non-farm payrolls: +1.371 million vs. +1.350 million expected, vs. +1.763 million in July Unemployment rate: 8.4% vs. 9.8% expected, vs. 10.2% in July Average hourly earnings, month over month: 0.4% vs. 0.0% expected, +0.2% in July Average hourly earnings, year over year: 4.7% vs. 4.4% expected, 4.8% in July Labor force participation rate: 61.7% vs. 61.8% expected, 61.4% in July.” Stock market data: Yahoo Finance

01 Sep: Stock market news for August 31, 2020

Stock market news “Stocks were mixed on Monday as the S&P 500 and Dow Jones Industrial Average wrapped up their best August performances since the 1980s. The Dow slid 223.82 points, or 0.8%, to 28,430.05 and the S&P 500 dipped 0.2% to close at 3,500.31. The Nasdaq Composite outperformed with a 0.7% gain and ended the day at 11,775.46. Declines in bank stocks pressured both the Dow and S&P 500. JPMorgan Chase, Citigroup, Bank of America and Wells Fargo were all down more than 2%, following Treasury yields lower. Yields fell after Federal Reserve Vice Chairman Richard Clarida said rates won’t go up just because unemployment goes down. Meanwhile, the Nasdaq got a lift after two big stock splits took effect Monday. Apple shares gained 3.4% as a 4-for-1 split took effect. Tesla shares added 12.6% following its 5-for-1 split. The Dow rallied 7.6% this month for its biggest August…

29 Aug: Stock market news for August 28, 2020

Stock market news Nasdaq, S&P closed at new records. Dow Jones turned positive for 2020. Small-cap stocks outperformed. The closing numbers for the US stock market on August 28, 2020: S&P 500: 3,508.01,+23.46(+0.67%)Dow 30: 28,653.87,+161.60(+0.57%)Nasdaq: 11,695.63,+70.30(+0.60%)Russell 2000: 1,578.34,+13.78(+0.88%) Stock market data: Yahoo Finance Stock market volatility The CBOE Volatility Index (VIX) closed lower at 22.96-1.51 (-6.17%). Stock movers Dave & Buster’s Entertainment, Inc. (PLAY) was a stock mover closing at 17.54+2.47 (+16.39%). Stock gainers VivoPower International PLC (VVPR): 8.25,+ 3.37 +69.06%Edesa Biotech Inc. (EDSA): 8.15,+ 2.34 +40.28%FTS International Inc. (FTSI): 4.54,+ 1.24 +37.58% Stock losers PEDEVCO Corp. (PED): 1.52, -0.59 -27.96%Sun Biopharma Inc. (SNBP): 3.19, -0.94 -22.67%Plantronics Inc. (PLT): 12.74, -1.95 -13.27% Most active stocks NIO Inc. ADR (NIO): 18.50, -1.38 -6.94%Itau Unibanco Holding S/A ADR (ITUB): 4.48,+ 0.18 +4.19%Nutanix Inc. Cl A (NTNX): 28.03,+ 6.33 +29.17% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries Performance Energy was the…

28 Aug: Stock market news for August 27, 2020

Stock market news “Dow Jones Industrial Average rises 160 points The Dow gained 160.35 points, or 0.6%, to close at 28,492.27. The Dow also briefly erased its losses for 2020 at one point. The S&P 500 advanced 0.2% to 3,484.55. The Nasdaq Composite fell 0.3% to 11,625.34. Stocks gyrated throughout Thursday’s session after the Federal Reserve unveiled a new framework that could keep interest rates lower for a longer period of time.  ‘Average inflation targeting’ Fed Chairman Jerome Powell said the central bank formally agreed to a policy of “average inflation targeting.” In other words, the central bank will let inflation run “moderately” above its 2% goal for “some time.” Powell also hinted that unemployment data can stay lower for longer before the Fed starts thinking about raising rates. This led to a decline in short-term yields and gains along the long end of the yield curve. Banks jump, tech lags JPMorgan Chase advanced 3% and Citigroup rose 1.7%. Wells Fargo and Bank of…

27 Aug: Stock market news for August 26, 2020

Stock market news Latest stock market news, investing news for August 26, 2020. “The S&P 500 and Nasdaq Composite rose to fresh record highs on Wednesday, building on their massive rallies off the March lows, as tech shares led the way higher. The broader market index advanced 1% to 3,478.73 while the Nasdaq popped 1.7% to end the day at 11,665.06. The Dow Jones Industrial Average gained 83.48 points, or 0.3% to end at 28,331.92. “When you’re coming off a major low, the first phase of the bull market is really strong, and you tend to get very extended,” said Keith Lerner, chief market strategist at Truist/SunTrust Advisory. Lerner noted, however, that this “tends to be a period where historically you would start to consolidate some of the gains.” Shares of Salesforce surged 26% — their biggest one-day gain ever — after the software company posted blowout earnings after the…

25 Aug: Stock market news for August 24, 2020

Stock market news Latest stock market news. Dow Jones closed above the 28,000 level up more than 370 points. Tech stocks underperformed, Nasdaq gained more than 60 points. The indices set new records. How the US stock market closed on August 24, 2020 S&P 500: 3,431.28,+34.12(+1.00%)Dow 30: 28,308.46,+378.13(+1.35%)Nasdaq: 11,379.72,+67.92(+0.60%)Russell 2000: 1,566.00,+13.53(+0.87%) Stock market data: Yahoo Finance Stock market volatility The CBOE Volatility Index (VIX) closed little changed at 22.37-0.17 (-0.75%). Stock movers Tortoise Acquisition Corp. (SHLL) stock was a mover closing at 40.00+10.09 (+33.73%). Stock gainers Cancer Genetics Inc. (CGIX): 6.25,+ 3.35 +115.52%Sonnet BioTherapeutics Holdings Inc. (SONN): 3.90,+ 1.27 +48.29%Tortoise Acquisition Corp. Cl A (SHLL): 40.00,+ 10.09 +33.73% Stock losers Odonate Therapeutics Inc. (ODT): 18.33, -15.21 -45.35%FTS International Inc. (FTSI): 3.15, -1.81 -36.49%Hexindai Inc. ADR (HX): 1.91, -0.67 -25.97% Most active stocks Cancer Genetics Inc. (CGIX): 6.25,+ 3.35 +115.52%General Electric Co. (GE): 6.63,+ 0.32 +5.07%American Airlines Group Inc. (AAL): 13.44,+ 1.28 +10.53%…

21 Aug: Stock market news for August 20, 2020

Stock market news The US stock market closed with gains on August 20, 2020. Nasdaq outperformed and continued making a new high. Dow 30 underperformed. Latest stock market news for August 20, 2020. S&P 500:3,385.54,+10.69(+0.32%)Dow 30: 27,740.04,+47.16(+0.17%)Nasdaq: 11,264.95,+118.49(+1.06%)Russell 2000: 1,566.59,-5.47(-0.35%) Stock market data: Yahoo Finance Stock market volatility The CBOE Volatility Index (VIX) was little changed and closed at 22.72+0.18 (+0.80%). Stock movers Gevo, Inc. (GEVO) stock gained more than 200%, with a stock price at the close of 1.8200+1.2730 (+232.72%). Stock gainers BBQ Holdings Inc. (BBQ): 4.70,+ 1.32 +39.05%OpGen Inc. (OPGN): 2.67,+ 0.62 +30.24%FinVolution Group ADR (FINV): 2.65,+ 0.59 +28.64% Stock losers Opera Ltd. ADR (OPRA): 7.86, -2.49 -24.06%TD Holdings Inc. (GLG): 2.33, -0.64 -21.55%Teligent Inc. (TLGT): 1.59, -0.42 -20.90% Most active stocks OpGen Inc. (OPGN): 2.67,+ 0.62 +30.24%General Electric Co. (GE): 6.27, -0.11 -1.72%Uber Technologies Inc. (UBER): 31.41,+ 1.99 +6.76% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries…

20 Aug: Stock market news for August 19, 2020

Stock market news A lower close today for the US stock market. Major stock indexes erased some moderate gains after the release of the FOMC minutes. At the close on August 19, 2020 the numbers for the US stock market were: S&P 500: 3,374.85,-14.93(-0.44%)Dow 30: 27,692.88,-85.19(-0.31%)Nasdaq: 11,146.46,-64.38(-0.57%)Russell 2000: 1,572.07,+2.30(+0.15%) Stock market data: Yahoo Finance Stock market volatility The CBOE Volatility Index (VIX) closed higher at 22.54+1.03 (+4.79%). Stock movers BioMarin Pharmaceutical Inc. (BMRN) stock fell more than 30% with a stock price at the close of 76.71-41.83 (-35.28%). Stock gainers Momenta Pharmaceuticals Inc. (MNTA): 52.12,+ 21.31 +69.17%Harmony Biosciences Holdings Inc. (HRMY): 37.01,+ 13.01 +54.21%Hudson Ltd. Cl A (HUD): 7.46,+ 2.33 +45.42% Stock losers BioMarin Pharmaceutical Inc. (BMRN): 76.72, -41.83 -35.28%Galapagos N.V. ADR (GLPG): 141.00, -47.08 -25.03%Vipshop Holdings Ltd. ADR (VIPS): 19.26, -4.65 -19.45% Most active stocks Bank of America Corp. (BAC): 25.50, -0.03 -0.12%Momenta Pharmaceuticals Inc. (MNTA): 52.12,+ 21.31 +69.17%American Airlines Group…