Stock market

25 Sep: Stock market today September 25, 2020

Stock market today A higher close for the US stock market today, tech stocks outperformed. Nasdaq rose more than 240 points. The closing numbers for the US stock market today: S&P 500 3,298.46,+51.87(+1.60%)Dow 30: 27,173.96,+358.52(+1.34%)Nasdaq: 10,913.56,+241.29(+2.26%)Russell 2000: 1,474.09,+22.27(+1.53%) Stock market data: Yahoo Finance Stock news Costco Wholesale Corporation (COST) stock closed at 342.58-4.42 (-1.27%). “Costco (COST) shares opened lower Friday despite reporting better-than-expected fiscal fourth quarter results after market close on Thursday. Adjusted earnings were $3.13 per share on revenue of $53.38 billion, with the top line figure rising 12% over last year and accelerating from the previous quarter. Consensus analysts had been looking for $2.85 per share on revenue of $52.5 billion. However, Costco also reported an increase in Covid-19 related expenses. Incremental pre-tax expenses were $281 million in Costco’s fourth quarter, due to higher wages and sanitation costs.” Source: Yahoo Finance

16 Sep: Stock market today September 16, 2020

Stock market today A mixed close for the US stock market today. Tech stocks underperformed, Nasdaq fell more than 130 points, Dow Jones gained about 37 points. Small-cap stocks outperformed. S&P 500: 3,385.49,-15.71(-0.46%)Dow 30: 28,032.38,+36.78(+0.13%)Nasdaq: 11,050.47,-139.86(-1.25%)Russell 2000: 1,552.33,+14.17(+0.92%) Stock market data: Yahoo Finance Stock market news “Stocks erased earlier gains and turned mixed Wednesday afternoon as investors considered the Federal Open Market Committee’s (FOMC) September monetary policy statement and remarks from Federal Reserve Chair Jerome Powell. Officials signaled that rates would remain near-zero through 2023, as policymakers look to boost the virus-stricken economy. In its monetary policy statement Wednesday, central bank officials reiterated that “the path of the economy will depend significantly on the course of the virus.” “The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term,” according…

10 Sep: Stock market news for September 9, 2020

Stock market news A higher close for the US stock market, tech stocks outperforned. The closing numbers for the US stock market on September 9, 2020: S&P 500: 3,398.96,+67.12(+2.01%)Dow 30: 27,940.47,+439.58(+1.60%)Nasdaq: 11,141.56,+293.87(+2.71%)Russell 2000: 1,528.56,+23.97(+1.59%) Stock market volatility The CBOE Volatility Index (^VIX) closed lower at 28.81-2.65 (-8.42%). STOCK MOVERS Intra-Cellular Therapies, Inc. (ITCI) stock gained more than 70% closing at 31.86+13.43 (+72.87%). STOCK GAINERS Intra-Cellular Therapies Inc. (ITCI): 31.86,+ 13.43 +72.87%Trillium Therapeutics Inc. (TRIL): 13.59,+ 4.13 +43.66%Watford Holdings Ltd. (WTRE): 22.30,+ 4.43 +24.79% STOCK LOSERS Bristol Myers Squibb Co. Rt (BMY.RT): 1.84, -0.46 -20.00%MasterCraft Boat Holdings Inc. (MCFT): 18.12, -4.34 -19.32%VivoPower International PLC (VVPR): 7.90 -1.82 -18.72% MOST ACTIVE STOCKS Apple Inc. (AAPL): 117.32, +4.50 +3.99%General Electric Co. (GE): 6.16,+ 0.02 +0.33%NIO Inc. ADR (NIO): 18.09,+ 1.06 +6.22% Stock market source: WSJ STOCK MARKET, U.S. SECTORS & INDUSTRIES PERFORMANCE The Information Technology sector was the best performing sector +3.35%, the…

04 Sep: Stock market live today September 4, 2020

Stock market live today Another day with losses for the US stock market, a second consecutive one with stocks falling. The losses have been trimmed though as of 1:56 AM, ET time today. S&P 500: 3,404.11,-50.95(-1.47%)Dow 30: 28,002.82,-289.91(-1.02%)Nasdaq: 11,184.58,-273.52(-2.39%)Russell 2000: 1,521.99,-22.69(-1.47%) Stock market data: Yahoo Finance

03 Sep: Stock market today September 3, 2020

Stock market today A selloff for the US stock market today. “Stocks plunged Thursday, as Wall Street gave back gains after capping off yet another record-setting session a day earlier. The Dow slid more than 944 points, or 2.5%, as of 3:03 p.m. ET. The broader market sold off, with the S&P 500 down 4% and the Nasdaq down more than 5.5% as big tech shares including Amazon (AMZN), Apple (AAPL), Microsoft (MSFT) and Facebook (FB) each sold off. While there was no immediate trigger, the session’s moves represented a stark reversal from the bullish tone seen at the beginning of this week. The selloff “could very well be the start of the inevitable Nasdaq correction, but no one has any way of knowing that,” noted David Bahnsen, chief investment officer, California-based The Bahnsen Group. “So far, the move downward is rather hum-drum and immaterial.” He added that a pullback…

02 Sep: Stock market live today September 1, 2020

Stock market live today The US stock market is moving higher today. As of 2:42 PM, ET time today Dow Jones is up more than 300 points, Nasdaq is up more than 80 points and S&P 500 is up more than 40 points. Small-cap stocks underperform. S&P 500: 3,567.40,+40.75(+1.16%)Dow 30: 28,946.91,+301.25(+1.05%)Nasdaq: 12,021.42,+81.76(+0.68%)Russell 2000: 1,583.36,+4.78(+0.30%) Stock market data: Yahoo Finance

02 Sep: Stock market news for September 1, 2020

Stock market news “Dow Jones Industrial Average rises 215 pointsThe Dow gained 215.61 points, or 0.8%, to close at 28,645.66. The S&P 500 climbed 0.8% to 3,526.65. The Nasdaq Composite advanced 1.4% to 11,939.67. Stocks kicked off a historically tough month on the right foot, building on the strong gains from August. The S&P 500 and the Nasdaq Composite both hit records again. Manufacturing data tops estimatesThe Institute for Supply Management said its manufacturing PMI came in at 56 for August, a 19-month high, as new orders hit their highest level since 2004. “As the economic recovery continues, I think you will see a broadening of the stocks participating in this rally,” said one strategist. Apple and Walmart jump, Tesla fallsApple closed 4% higher after a slew of analysts hiked their price target on the stock. Walmart jumped 6% after the retailer announced it will launch a membership program later…