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Stock market news for May 15, 2020

Stock market news

Latest stock market news for May 15, 2020. “U.S. stocks rose as traders looked past trade jitters and weak economic data. Treasuries fell. Oil jumped.

The S&P 500 erased losses, but still posted its worst week since March 20 — just before the gauge started a torrid rally. Sorrento Therapeutics soared 158% amid coronavirus antibody development claims. J.C. Penney surged 21% after saying it made an almost $17 million interest payment due May 7. Earlier Friday, stocks slumped as retail sales and factory output registered their steepest declines on record.”

Source: https://www.bloomberg.com/news/articles/2020-05-14/asia-stocks-poised-to-gain-treasuries-advance-markets-wrap

Stock market close on May 15, 2020

S&P 500: 2,863.70,+11.20(+0.39%)
Dow 30: 23,685.42,+60.08(+0.25%)
Nasdaq: 9,014.56,+70.84(+0.79%)
Russell 2000: 1,256.32,+18.76(+1.52%)

Stock movers

The Russell 2000 index outperformed with interest for small-cap stocks. Sorrento Therapeutics, Inc. (SRNE) stock gained more than 150%, closing at
6.76+4.14 (+158.02%). The following stocks were stock movers, stock gainers, stock losers, and most active stocks for May 15, 2020.

Stocks gainers

Sorrento Therapeutics Inc. (SRNE): 6.76,+4.14 +158.02%

Aurora Cannabis Inc. (ACB): 11.20,+4.56 +68.67%

Alta Equipment Group Inc. Cl A (ALTG): 5.60,+1.46 +35.27%

Stocks losers

Cassava Sciences Inc. (SAVA): 2.12,-5.99 -73.86%
Creative Realities Inc. (CREX): 2.89,-1.41 -32.79%
Applied DNA Sciences Inc. (APDN): 11.11,-4.10 -26.96%

Most active stocks

Sorrento Therapeutics Inc. (SRNE):6.76,+4.14 +158.02%
General Electric Co. (GE): 5.49,-0.21 -3.68%
Aurora Cannabis Inc. (ACB):11.20,+4.56 +68.67%

Stock Market, U.S. Sectors & Industries Performance

Communication Services were the best performind sector +1.26%, Utilities were the worst-performing sector -1.41%.

U.S. Sectors & Industries Performance for May 15, 2020
U.S. Sectors & Industries Performance

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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