Stock market news January 16 2020
Another stock market rally, major US stock market indices closed higher with S&P 500 closing above the 3,300 level for the frst time. This is the summary for US stock market at close on Thursday, January 16, 2020:
How stock market closed on Thursday, January 16, 2020-Financial and business news
- S&P 500: 3,316.81,+27.52(+0.84%)
- Dow 30: 29,297.64,+267.44(+0.92%)
- Nasdaq: 9,357.13,+98.43(+1.06%)
- Russell 2000: 1,705.22,+22.82(+1.36%)
Stocks biggest gainers
XPO Logistics, Inc. (XPO) was among stocks biggest gainers closing at
95.35 +12.53 (+15.13%).
Stocks biggest losers
Alcoa Corporation (AA) was among stocks biggest losers closing at
17.78 -2.40 (-11.89%).
Stock investing | Stock trading | Most active stocks
Aurora Cannabis Inc. (ACB) was among most active stocks closing at 2.1500 +0.1000 (+4.88%).
U.S. Sectors & Industries Performance
Information Technology was the best performing sector +1.40%, Energy was the worst performing sector +0.12%.
Stock earnings today
The most notable earnings announcements scheduled for Friday include Kansas City Southern (KSU), JB Hunt (JBHT), Schlumberger (SLB), Fastenal (FAST) and State Street (STT) before market open.
Stock market update
This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.