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Stock market news for July 24, 2020

Stock market news for July 24, 2020.

“US stocks drop after China escalates tensions with consulate order.

US stocks slipped on Friday after China ordered the closure of the US Consulate in Chengdu, ratcheting up tensions between the economic superpowers.
The US made a similar order on Wednesday, reviving fears of a tit-for-tat economic conflict.
Investors also weighed earnings misses from Intel and American Express.
Oil gained as reopenings abroad boosted hopes for a demand rebound. West Texas Intermediate crude climbed as much as 1.5%, to $41.67 per barrel.”

Stock market source: https://markets.businessinsider.com/news/stocks/stock-market-news-today-index-reaction-china-tensions-earnings-season-2020-7-1029428873#

Stock market close on July 24, 2020

S&P 500: 3,215.63,-20.03(-0.62%)
Dow 30: 26,469.89,-182.44(-0.68%)
Nasdaq: 10,363.18,-98.24(-0.94%)
Russell 2000: 1,469.36,-20.85(-1.40%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 25.84-0.24 (-0.92%).

Stock movers

eMagin Corporation (EMAN) stock closed higher more than 40%, closing at 1.3000+0.4200 (+47.73%).

eMagin Corporation (EMAN) stock chart
eMagin Corporation (EMAN) stock chart

Source: Stockscharts.com

Stock gainers

Global Eagle Entertainment Inc. (ENT): 3.23,+ 1.13 +53.81%
Hamilton Beach Brands Holding Co. Cl A (HBB): 14.58,+ 4.23 +40.87%
WISeKey International Holding Ltd. ADR (WKEY): 9.50,+ 2.42 +34.18%

Stock losers

eHealth Inc. (EHTH): 79.17, -34.83 -30.55%
Arbutus Biopharma Corp. (ABUS): 4.96, -1.24 -20.00%
Veoneer Inc. (VNE): 11.19, -2.56 -18.62%

Most active stocks

Arbutus Biopharma Corp. (ABUS): 4.96, -1.24 -20.00%
Advanced Micro Devices Inc. (AMD): 69.40,+ 9.83 +16.50%
Intel Corp. (INTC): 50.59, -9.81 -16.24%

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

Stock Market, U.S. Sectors & Industries Performance

The Consumer Discretionary sector was the best performing sector +0.33%, the Information Technology was the worst performing sector -1.19%.

Stock Market, U.S. Sectors & Industries Performance for July 24, 2020
Stock Market, U.S. Sectors & Industries Performance for July 24, 2020

Source: Fidelity

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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