Stock market news April 9, 2020
April 10, 2020
US stock market news
“Stocks rallied to their best weekly gain in more than four decades on Thursday after the Federal Reserve unexpectedly unleashed a new multi-trillion-dollar stimulus plan to support businesses during the coronavirus pandemic.
The S&P 500’s 1.5% rise Thursday brought its weekly gains to 12.1%, or its best one-week gain since 1974, as the Financials and Real Estate sectors outperformed. U.S. equity markets will be closed Friday in observance of Good Friday.
The Nasdaq posted a 10.6% weekly gain for its best since 2008. The Dow’s 2,666.84-point gain since last Friday marked its best weekly rise in point terms ever, and its 12.7% weekly advance was its best on a percentage basis in two weeks.
Investors also eyed the Department of Labor’s initial jobless claims report, which showed a greater than expected 6.606 million new individuals filed for unemployment insurance last week.”
Source: https://finance.yahoo.com/news/stock-market-news-live-updates-april-9-2020-221426994.html
US stock market at the close on April 9, 2020
S&P 500: 2,789.82,+39.84(+1.45%)
Dow 30: 23,719.37,+285.80(+1.22%)
Nasdaq: 8,153.58,+62.67(+0.77%)
Russell 2000: 1,246.73,+55.06(+4.62%)
Stocks gainers
Man Wah Holdings Limited (MAWHF) stock was among stock gainers with a stock price of 0.6050+0.1540 (+34.15%).
Stocks losers
Malayan Banking Berhad (MLYBY) stock was among stock losers with a stock price of 3.1900-0.5370 (-14.41%).
Stock investing | Stock trading | Most active stocks
American Airlines Group Inc. (AAL) stock was among the most active stocks with a stock price of 12.51+1.18 (+10.41%).
Stock Market, U.S. Sectors & Industries Performance
Financials were the best performing sector +5.19%, Energy was the worst- performing sector -1.08%.
Investing Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml
Stock market update
All data about the stock market, stocks, stock investing, stock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.
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