Home Stock investing Stock market news March 11 2020

Stock market news March 11 2020

Stock market news, US stock market, March 11, 2020

“It’s officially a bear market, as major indices dive another 5%. On Wednesday, the Dow closed in a bear market, down over 5% (and down 20% from its intraday high last month), while the S&P 500 closed down nearly 5%. At midweek, markets have been on an exhaustingly volatile path, as major indexes plummeted over 7% on Monday, recovered up around 5% on Tuesday, and down about 5% on Wednesday.”, Source: https://fortune.com/2020/03/11/stock-market-coronavirus-bear-market-official-dow-jones-sp-500/

How stock market, US stocks closed on Wednesday, March 11, 2020-Financial and business news

  • S&P 500: 2,741.38,-140.85(-4.89%)
  • Dow 30: 23,553.22,-1,464.94(-5.86%)
  • Nasdaq: 7,952.05,-392.20(-4.70%)
  • Russell 2000: 1,264.30,-86.60(-6.41%)

Stocks biggest gainers

Vir Biotechnology, Inc. (VIR) was among stocks biggest gainers closing at
33.77+3.86 (+12.91%).

VIR daily stock chart
VIR daily stock chart

Stocks biggest losers

Norwegian Cruise Line Holdings Ltd. (NCLH) was among stocks biggest losers closing at 15.03-5.47 (-26.68%).

NCLH daily stock chart
NCLH daily stock chart

Stock investing | Stock trading | Most active stocks

Vale S.A. (VALE) was among most active stocks closing at 8.50-0.90 (-9.57%).

VALE daily stock chart
VALE daily stock chart

U.S. Sectors & Industries Performance

With the stock market selloff and the continuous selling pressure for stocks, all sectors closed lower. Health Care was the best performing sector -3.91%, Industrial was the worst perfoming sector -5.95%.

Stock earnings

Notable earnings today include Slack Technologies, Inc. (WORK).

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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