Stock market news March 10 2020
March 11, 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%).
Stocks biggest losers
Vir Biotechnology, Inc. (VIR) was among stocks biggest losers closing at
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%).
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
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.