Stock market news April 8, 2020
April 9, 2020
US stock market news
“Wall Street Rallies as Investors Focus on the Recovery. The S&P 500 is up 23 percent from its March low.
Wall Street resumed its rally on Wednesday. With a more than 3 percent gain, the S&P 500 is now up about 23 percent from its March 23 low.
The market has been steadily climbing since it hit that bottom, a rebound that began after the Federal Reserve and lawmakers in Washington took steps to protect the U.S. economy from a collapse amid the coronavirus pandemic. Stocks are still down about 19 percent from their late February high.”
Stock market source: https://www.nytimes.com/2020/04/08/business/live-stock-market-coronavirus.html
US stock market at the close on April 8, 2020
S&P 500: 2,749.98,+90.57(+3.41%)
Dow 30: 23,433.57,+779.71(+3.44%)
Russell 2000: 1,187.17,+48.00(+4.21%)
Arconic Corporation (ARNC) stock was among stock gainers with a stock price of 10.03+2.73 (+37.40%).
eHealth, Inc. (EHTH) stock was among stock losers with a stock price of
Stock investing | Stock trading | Most active stocks
American Airlines Group Inc. (AAL) stock was among the most active stocks with a stock price of 11.33+1.11 (+10.86%).
Stock Market, U.S. Sectors & Industries Performance
Real Estate was the best performing sector +7.41%, Consumer Staples were the worst-performing sector +1.41%.
Investing Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml
Today there will be the release of the US weekly initial jobless claims and continuing jobless claims.