Stock market news March 4 2020

Stock market news for US stock market, March 4, 2020

Another recent stock market rally for US stocks. Dow surged over 1000 points, +1,173.45(+4.53%) closing again over 27,000 points at 27,090.86. Stock market volatility is present, Vix closed at 31.99,-4.83(-13.12%) and 10-yr bond yield at 0.9920.

How stock market, US stocks closed on Wednesday, March 4, 2020-Financial and business news

  • S&P 500: 3,130.12,+126.75(+4.22%)
  • Dow 30: 27,090.86,+1,173.45(+4.53%)
  • Nasdaq: 9,018.09,+334.00(+3.85%)
  • Russell 2000: 1,531.20,+45.11(+3.04%)

Stocks biggest gainers

eHealth, Inc. (EHTH) was among stocks biggest gainers closing at
146.09+26.20 (+21.85%).

EHTH daily stock chart
EHTH daily stock chart

Stocks biggest losers

Urban Outfitters, Inc. (URBN) was among stocks biggest losers closing at
21.40-1.73 (-7.48%).

URBN daily stock chart
URBN daily stock chart

Stock investing | Stock trading | Most active stocks

Bank of America Corporation (BAC) was among most active stocks closing at 28.39+0.64 (+2.31%).

BAC daily stock chart
BAC daily stock chart

U.S. Sectors & Industries Performance

All sectors closed higher, indicative of the demand for stocks. Health Care was the best performing sector +5.81%, Energy was the worst performing sector +2.22%.

Stock earnings

Notable earnings today include Costco (COST).

Economic news

Important economic news today will be the release of US initial jobless claims.

Stock market update

All data about stock market, stocks , stock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.


How stock market closed today March 4 2020

Stock market

A strong rally today for US stocks. All major stock market indices had gains more than 3.5%. At close today, March 4, 2020 this is the update for the US stock market:

DJIA: 27090.86,+4.53%

S&P 500: 3130.12 ,+4.22%

Nasdaq: 9018.09,+3.85%

Stock market today

“U.S. stocks surged Wednesday as investors cheered growing signs of a coordinated response to the coronavirus and a strong Super Tuesday performance by former Vice President Joe Biden.

Major indexes opened sharply higher and continued climbing steadily throughout the session. Gains were broad-based. All 11 sectors in the S&P 500 rose, as did all 30 stocks in the Dow Jones Industrial Average.”

Source: https://www.wsj.com/articles/some-global-markets-buck-u-s-declines-11583286397?mod=hp_lead_pos1

Stock market commentary March 4 2020

Stock market

US stock market is up today. At 12:07 Pm, EST time all major stock market indices are up. Small-cap stocks are lagging in gains as Russell 2000 has the smallest daly gains so far.

S&P 500: 3,056.74,+53.37(+1.78%)
Dow 30: 26,449.14,+531.73(+2.05%)
Nasdaq: 8,818.64,+134.55(+1.55%)
Russell 2000: 1,495.80,+9.72(+0.65%)

Stocks are up but bonds are up too

Today there is still buying interest for bonds as the 10-Yr Bond is at 0.959,-0.051,-5.0495%. Vix is declining at 32.93,-3.89(-10.56%). This second consecutive day for the 10-yr bond yield being below the 1.0% level is signaling that investors are still worried and turn to safety, or have a risk-off sentiment. If investors and traders feel that a bottom may have be formed for stocks at these price levels, then the most likely scenario is to see US bond yields rally, and bond prices start declining. This scenario with rising stocks and declining bond yields to our financial analysis is rather a wait and see mode. The Fed made a bold move cutting the key interest rate yesterday, but it also sent a message that potential high levels or risk are present in the economy. And uncertainty is causing volatility in the stock market. Not all stocks rise today, and this is the logical scenario in investing. Speculative stocks with poor fundamentals are not stocks to buy, but stocks to sell.

Stock market data: Yahoo Finance

Stock market news March 3 2020

Stock market news for US stock market, March 3, 2020

“Stocks sell off after Federal Reserve delivers emergency rate cut. U.S. stocks traded choppily and then sold off after the Federal Reserve delivered an emergency rate cut Tuesday morning.

Dow ends nearly 800 points lower, giving back more than half of Monday’s gains
Each of the three major stock indices ended Tuesday’s session off more than 2.5%. The Dow shed nearly 800 points, reversing Monday’s more than 1200-point advance.

Here’s where the markets settled at the end of regular equity trading:

S&P 500 (^GSPC): -2.81% or -86.86 points to 3,003.37

Dow (^DJI): -2.94% or -785.91 points to 25,917.41

Nasdaq (^IXIC): -2.99% or -268.08 points to 8,684.09

Gold (GC=F): +2.59% or +$41.30 to $1,636.10 per ounce

10-year Treasury (^TNX): yielding 1.013%, down 7.5 bps”

Source: https://finance.yahoo.com/news/stock-market-news-live-updates-march-3-2020-122022862.html

How stock market, US stocks closed on Tuesday, March 3, 2020-Financial and business news

  • S&P 500: 3,003.37,-86.86(-2.81%)
  • Dow 30: 25,917.41,-785.89(-2.94%)
  • Nasdaq: 8,684.09,-268.08(-2.99%)
  • Russell 2000: 1,486.08,-32.41(-2.13%)

Stocks biggest gainers

Genworth Financial, Inc. (GNW) was among stocks biggest gainers closing at 4.8000+0.6200 (+14.83%).

GNW daily stock chart
GNW daily stock chart

Stocks biggest losers

Schrodinger, Inc. (SDGR) was among stocks biggest losers closing at
39.51-5.24 (-11.71%).

SDGR daily stock chart
SDGR daily stock chart

Stock investing | Stock trading | Most active stocks

Advanced Micro Devices, Inc. (AMD) was among most active stocks closing at 46.75-0.71 (-1.50%).

AMD  daily stock chart
AMD daily stock chart

U.S. Sectors & Industries Performance

Real Estate was the best performing sector -0.10%, Information Technology was the worst performing sector -3.79%.

Stock earnings

Notable stock earnings today include American Eagle Outfitters (AEO) and Zoom Video Communications (ZM).

Economic news

Important economic news today about the U.S. economy, are the releases of the February readings of the ISM Non-Manufacturing Index and ADP jobs report.

Stock market update

All data about stock market, stocks , stock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.

Why the US stock market is falling today March 3 2020

Stock market news

A very volatile day for US stocks today. The US stock market is declining, as all major US stock market indices fall more than 2%. As of 2:58 PM, Tuesday, March 3, 2020, Eastern Time (ET) this is the latest stock market update:

S&P 500: 3,010.13,-80.10(-2.59%)
Dow 30: 25,983.36,-719.96(-2.70%)
Nasdaq: 8,698.17,-253.99(-2.84%)
Russell 2000: 1,478.53,-39.96(-2.63%)

Stock market data: Yahoo Finance

The US stock market is plummeting today due to the unexpected Fed rate cut of 50 basis points or 0.5%. It is a huge and sudden intrest rate cut that can be interpreted as follows:

The Fed is very worried about the latest coronavirus developments and wants to support the economy. If the economy is now in danger of any recessio it is too early for that. But an economic slowdown is having now a lot of probabilities for the US economy and the global economy. The Fed followed the Reserve bank of Australia cutting interest rates. may be soon more central banks follow these examples and cut their key interest rates as well. But today the bold move by Fed says that the economy is in trouble, and so to preven things from getting worse cheaper money is now available. This worried investors, and a selloff is under way.

US stock market breaking news March 3 2020

Stock market breaking news March 3 2020

“Fed cuts rates by 50 basis points amid coronavirus concerns.

The Federal Reserve cut interest rates by 50 basis points in an impromptu meeting on Tuesday as a response to the coronavirus

The Fed said the “fundamentals of the U.S. economy remain strong” but that the coronavirus “poses evolving risks to economic activity.”

Fed Chairman Jerome Powell will be holding a press conference at 11 a.m.

The decision was unanimous among the Federal Open Market Committee members.

Earlier in the day, Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin joined other G7 central bankers and finance ministers to discuss a coordinated response to the virus spreading”.

Stock market data: https://finance.yahoo.com/news/fed-cuts-rates-by-50-basis-points-amid-coronavirus-concerns-150008506.html

Stock market

US stock market was declining earlier but after the Fed news about the interest rate cut is is moving up. At 10:11 AM,Tuesday, March 3, 2020,
Eastern Time (ET) this is the latest US stock market update:

S&P 500: 3,135.07,+44.84(+1.45%)
Dow 30: 27,000.00,+296.68(+1.11%)
Nasdaq: 8,996.45,+44.29(+0.49%)

US stock market futures update March 3 2020

US stock market futures

US stock market futures point to a mixed open today as of 8:14 AM, Tuesday, March 3, 2020Eastern Time (ET).

S&P Futures: 3,061.25,-3.75(-0.12%)
Dow Futures: 26,474.00,+6.00(+0.02%)
Nasdaq Futures: 8,811.25,+20.00(+0.23%)

Stock market news

“US STOCKS-Futures mixed as traders assess G7 comments on monetary stimulus.

March 3 (Reuters) – U.S. stock index futures were mixed on Tuesday, as G7 heads indicated willingness to take steps to mitigate the economic impact of the coronavirus epidemic, but stopped short of announcing concrete measures.

Wall Street’s main indexes had soared in the final minutes of trading on Monday after their worst week since 2008 as central banks in Japan and the European Union joined the Federal Reserve in signaling further interest rate cuts.

But a statement https://home.treasury.gov/news/press-releases/sm927#.Xl5OpmGbM1F.twitter from a meeting of G7 finance ministers and central bank governors on Tuesday only said they stood “ready to take actions, including fiscal measures where appropriate”.”, Source: https://finance.yahoo.com/news/us-stocks-futures-mixed-traders-130121427.html

Earlier in the morning US stock market futures were higher. After a very strong rally yesterday some profit taking could be the case today for stocks.

Most active stocks March 2 2020

Most active stocks March 2 2020, US stock market

These are the most active stocks for the US stock market on Monday, March 2, 2020:

Most active stocks March 2 2020, US stock market
Most active stocks March 2 2020, US stock market

Stock market data: Investing.com

Stock market

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Stocks biggest gainers March 2 2020

Stocks biggest gainers March 2 2020

These are the stocks biggest gainers for the US stock market on  Monday, March 2, 2020:

Stocks biggest gainers March 2, 2020, US stock market
Stocks biggest gainers March 2, 2020, US stock market

Stock market data: Investing.com

Stock market

Daily stock news, stocks, stock market news, and a premium stock market newsletter, with stocks to buy, stocks to sell, investing.

Stocks biggest losers March 2 2020

Stocks biggest losers March 2, 2020, US stock market

These are the stocks biggest losers for the US stock market on Monday, March 2, 2020:

Stocks biggest losers March 2, 2020, US stock market
Stocks biggest losers March 2, 2020, US stock market

Stock market data: Investing.com

Stock market

Daily stock news, stocks, stock market news, and a premium stock market newsletter, with stocks to buy, stocks to sell, investing.