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Stock market news March 10 2020

Stock market news, US stock market, March 10, 2020

After the 7% drop on Monday, a rally of more than 4.5% for all major US stock market indices. Dow gained more than 1,100 points. Small-cap stocks underperformed as Russell 2000 index gained less than the Dow, S&P 500 and Nasdaq Composite, closing higher 2.85%. Increased stock market trading volatility continues as an intial rally at the open of the trading session was erased later on, but demand for stocks pushed higher the stock market indices and near their highs at the close.

How stock market, US stocks closed on Tuesday, March 10, 2020-Financial and business news

  • S&P 500: 2,882.23,+135.67(+4.94%)
  • Dow 30: 25,018.16,+1,167.14(+4.89%)
  • Nasdaq: 8,344.25,+393.58(+4.95%)
  • Russell 2000: 1,350.90,+37.46(+2.85%)

Stocks biggest gainers

Cypress Semiconductor Corporation (CY) was among stocks biggest gainers closing at 22.75+7.47 (+48.89%).

CY daily stock chart
CY daily stock chart

Stocks biggest losers

Vir Biotechnology, Inc. (VIR) was among stocks biggest losers closing at
29.91-9.09 (-23.31%).

VIR daily stock chart
VIR daily stock chart

Stock investing | Stock trading | Most active stocks

Bank of America Corporation (BAC) was among most active stocks closing at 23.61+1.68 (+7.66%).

BAC daily stock chart
BAC daily stock chart

U.S. Sectors & Industries Performance

All sectors closed higher. Information Technology was the best performing sector +6.60%, Utilities was the worst performing sector +1.01%.

Stock market update

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

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

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