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Stock market news July 16, 2020

The latest stock market news on July 16, 2020.

“Stocks fell on Thursday as shares of the major tech companies struggled once again and traders digested a mixed batch of corporate earnings and economic data.

The Dow Jones Industrial Average dropped 135.39 points, or 0.5%, to 26,734.71 and snapped a four-day winning streak. The S&P 500 slid 0.3% to 3,215.57 and the Nasdaq Composite pulled back 0.7% to close at 10,473.83.

Shares of Microsoft and Apple fell more than 1% each. Amazon dipped 0.3%. Netflix — which was set to report earnings after the bell — erased earlier losses and gained 0.8%. The streaming giant’s stock dropped more than 11% after hours on the back of its results.

Big Tech has been the best-performing group in the stock market this year as investors bet their business models could withstand the coronavirus economic slowdown. However, they have struggled this week. Netflix is down more than 3% week to date; Facebook, Amazon, Alphabet and Microsoft are also down over that time period.”

Stock market data: https://www.cnbc.com/2020/07/15/stock-market-futures-open-to-close-news.html

Stock market close on July 16, 2020

S&P 500: 3,215.57,-10.99(-0.34%)
Dow 30: 26,734.71,-135.39(-0.50%)
Nasdaq: 10,473.83,-76.66(-0.73%)
Russell 2000: 1,465.86,-12.41(-0.84%)

Stock market volatility

The CBOE Volatility Index (VIX) at the close was little changed, at
28.00+0.24 (+0.86%).

Stock movers

Houghton Mifflin Harcourt Company (HMHC) was a stock mover closing at
2.3500+0.5700 (+32.02%).

Houghton Mifflin Harcourt Company (HMHC)  stock chart
Houghton Mifflin Harcourt Company (HMHC) stock chart

Source: Stockscharts.com

Stock gainers

Boxlight Corp. Cl A (BOXL): 4.20,+ 1.82 +76.47%
Relay Therapeutics Inc. (RLAY): 35.05,+ 15.05 +75.25%
Digital Ally Inc. (DGLY): 3.80,+ 1.20 +46.15%

Stock losers

Tricida Inc. (TCDA): 15.64, -10.56 -40.31%
Qutoutiao Inc. ADR (QTT): 2.84, -0.85 -23.04%
Colony Capital Inc. (CLNY): 1.84, -0.53 -22.36%

Most active stocks

Boxlight Corp. Cl A (BOXL): 4.20,+ 1.82 +76.47%
NIO Inc. ADR (NIO): 12.94, -0.58 -4.29%
Ford Motor Co. (F): 6.86,+ 0.12 +1.78%

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

Stock Market, U.S. Sectors & Industries Performance

The Utilities sector was the best performinf sector +1.33%, the Information technology sector was the worst-performing sector -1.22%.

Stock Market, U.S. Sectors & Industries Performance for July 16, 2020
Stock Market, U.S. Sectors & Industries Performance for July 16, 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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