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Stock market news for April 23, 2020

Stock market news

“US stocks close mixed as virus drug report offsets oil-market surge.

US closed mixed on Thursday as markets mulled the latest economic data detailing the coronavirus pandemic’s economic fallout.
Jobless claims made in the week ended April 18 reached 4.4 million. It marked a decrease from previous weeks but brought the metric’s five-week total to more than 26 million. The latest claims reading is nearly six times the peak weekly level seen during the Great Recession.”

Source: https://markets.businessinsider.com/news/stocks/stock-market-news-today-gilead-virus-drug-jobless-oil-prices-2020-4-1029124659

How the US stock market closed on April 23, 2020

S&P 500: 2,797.80,-1.51(-0.05%)
Dow 30: 23,515.26,+39.44(+0.17%)
Nasdaq: 8,494.75,-0.63(-0.01%)
Russell 2000: 1,214.06,+12.54(+1.04%)

Stocks gainers

  • Lightbridge Corporation (LTBR): 3.5000+1.0100 (+40.56%)
  • Chesapeake Energy Corporation (CHK): 27.49+7.31 (+36.22%)
  • National Energy Services Reunited Corp. (NESR): 5.80+1.48 (+34.26%)

Stocks losers

  • Invesco Ltd. (IVZ): 7.24-1.94 (-21.13%)
  • Liberty TripAdvisor Holdings, Inc. (LTRPB): 27.11-5.84 (-17.72%)
  • NETGEAR, Inc. (NTGR): 21.66-4.36 (-16.76%)

Most active stocks

  • Inovio Pharmaceuticals, Inc. (INO): 12.03+0.32 (+2.73%)
  • Snap Inc. (SNAP): 16.06-0.95 (-5.58%)
  • Gilead Sciences, Inc. (GILD): 77.78-3.53 (-4.34%)

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Energy was the best performing sector +3.01%, Utilities were the worst-performing sector -1.76%.

U.S. Sectors & Industries Performance for April 23, 2020
U.S. Sectors & Industries Performance for April 23, 2020

Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Stock market update

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

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