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Stock market news January 16 2020

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%).

XPO daily stock chart | stocks | stock market

Stocks biggest losers

Alcoa Corporation (AA) was among stocks biggest losers closing at
17.78 -2.40 (-11.89%).

AA daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Aurora Cannabis Inc. (ACB) was among most active stocks closing at 2.1500 +0.1000 (+4.88%).

ACB daily stock chart | stocks | stock market

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

All data about stocks , stock investing, stock trading is taken from Yahoo Finance, Fidelity and stockcharts.com.

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.

Stock market

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