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Stock market news for May 18, 2020

Stock market news

Latest stock market news for May 18, 2020. A rally for the US stock market based on two factors.

“Dow soars on vaccine and bailout optimism: May 18, 2020. Dow and S&P 500 log best day in six weeks.
US stocks rallied into the close on Monday, boosted by hopes for a potential Covid-19 vaccine, as well as further stimulus for the US economy.

The Dow and the S&P 500 recorded their best performances in six weeks.

The Dow finished 912 points, or 3.9%, higher, its best point and percentage gain since April 6. The index was up 1,023 points at its peak today.
The S&P 500 climbed 3.2%, its best day since April 8.
The Nasdaq Composite 2.4%, logging its best day since April 29.
Federal Reserve Chairman Jerome Powell said in an interview Sunday that America’s economy might need more help from the Fed and the government to get through the coronavirus crisis. Meanwhile, drug maker Moderna (MRNA) reported promising early results from a coronavirus vaccine trial on Monday morning. Moderna shares closed up nearly 20%.”

Source: https://edition.cnn.com/business/live-news/stock-market-news-051820/index.html

Stock market close on May 14, 2020

S&P 500: 2,953.90,+90.20(+3.15%)
Dow 30: 24,597.37,+911.95(+3.85%)
Nasdaq: 9,234.83,+220.27(+2.44%)
Russell 2000: 1,336.64,+79.65(+6.34%)

Stock movers

Moderna, Inc. (MRNA) stock was among stock movers with a stock price at close of 80.00+13.31 (+19.96%). The following stocks were stock movers, stock gainers, stock losers, and most active stocks for May 18, 2020.

Stocks gainers

Oasis Midstream Partners LP (OMP): 7.80,+3.45 +79.31%
Aurora Cannabis Inc. (ACB): 17.10,+ 5.90 +52.68%
Annovis Bio Inc. (ANVS): 4.82,+1.25 +35.0%

Stocks losers

Midatech Pharma PLC ADR (MTP):1.62,-0.93 -36.47%
Forescout Technologies Inc. (FSCT): 22.57,-6.95 -23.54%
Venus Concept Inc. (VERO): 2.52,-0.45 -15.15%

Most active stocks

Sorrento Therapeutics Inc. (SRNE): 6.50,-0.26 -3.85%
General Electric Co. (GE): 6.27,+ 0.78 +14.21%
Ford Motor Co. (F): 5.31, +0.41 +8.37%

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

Stock Market, U.S. Sectors & Industries Performance

All sectors closed higher. Energy was the best performing sector +7.55%, Health Care was the worst-performing sector +0.94%.

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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