HomeStock investingStock market news February 10 2020

Stock market news February 10 2020

Stock market news for February 10 2020

Another day with strong gains for the US stock market.

Feb 10 (Reuters) – U.S. stocks rose and the Nasdaq hit a record high on Monday, as a recent set of strong domestic economic data and largely upbeat fourth-quarter earnings tempered worries about the impact of the coronavirus outbreak on global growth. Of the 324 S&P 500 companies that have reported quarterly results so far, about 71% have beaten earnings estimates, which is above the long-term average of 65%, according to IBES data from Refinitiv.

Stock market source: https://finance.yahoo.com/news/us-stocks-wall-street-higher-170540815.html

How stock market, US stocks closed on Monday, February 10, 2020-Financial and business news

  • S&P 500: 3,352.09,+24.38(+0.73%)
  • Dow 30: 29,276.82,+174.31(+0.60%)
  • Nasdaq: 9,628.39,+107.88(+1.13%)
  • Russell 2000: 1,667.67,+10.89(+0.66%)

Stocks biggest gainers

Taubman Centers, Inc. (TCO) was among stocks biggest gainers closing at
53.12+18.45 (+53.22%).

TCO daily stock chart | stocks | stock market
TCO daily stock chart | stocks | stock market

Stocks biggest losers

Alector, Inc. (ALEC) was among stocks biggest losers closing at
29.26-6.02 (-17.06%).

ALEC daily stock chart | stocks | stock market
ALEC daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Slack Technologies, Inc. (WORK) was among most active stocks closing at 26.54+3.55 (+15.44%).

WORK daily stock chart | stocks | stock market
WORK daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Information Technology was the best performing sector +1.35%, Energy was the worst performing sector -0.81%.

Stock earnings today

Notable stock earnings today include Under Armour Inc (UAA), Goodyear Tire & Rubber Co (GT), Hasbro Inc (HAS), LYFT Inc (LYFT), Travelzoo (TZOO).

Stock market update

All data about 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.

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