Stock market news February 20 2020
February 21, 2020
Stock market news for US stock market, US stocks, February 20, 2020
How stock market, US stocks closed on Thursday, February 20, 2020-Financial and business news
- S&P 500: 3,373.23,-12.92(-0.38%)
- Dow 30: 29,219.98,-128.05(-0.44%)
- Nasdaq: 9,750.96,-66.21(-0.67%)
- Russell 2000: 1,696.07,+3.50(+0.21%)
Stocks biggest gainers
Stamps.com Inc. (STMP) was among stocks biggest gainers closing at
Stocks biggest losers
Aaron’s, Inc. (AAN) was among stocks biggest losers closing at 45.45-10.70 (-19.06%).
Stock investing | Stock trading | Most active stocks
Morgan Stanley (MS) was among most active stocks closing at 53.75-2.56 (-4.55%).
U.S. Sectors & Industries Performance
Real Estate was the best performing sector +1.15%, Information Technology was the worst performing sector, -1.01%.
“Market participants will receive a check on the health of the U.S. manufacturing and services sectors in a set of economic data and earnings reports Friday.
IHS Markit is set to release its preliminary February U.S. purchasing managers’ index (PMI) at 8:30 a.m. ET.
Consensus economists expect the manufacturing PMI will pare back slightly to 51.5 from January’s three-month low of 51.9 in January. The services PMI will likely hold steady at 53.4, according to consensus estimates. Readings above the neutral level of 50 indicate expansion.”, source: https://finance.yahoo.com/news/deere-earnings-purchasing-managers-indices-what-to-know-in-markets-friday-001025316.html
Notable earnings today include Deere & Co (DE), WABCO Holdings Inc (WBC).
Stock market update
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.