Stock market news, US stock market, March 12, 2020
US stocks plunged again for the second consecutive day. All major US stock market indices were down more than 9%. Dow closed lower more than 2,300 points. “US Fed injects $1.5tn to markets as Dow and FTSE suffer worst day since 1987”, Source: https://www.theguardian.com/business/2020/mar/12/us-and-european-markets-plunge-further-after-trump-travel-ban
How stock market, US stocks closed on Thursday, March 12, 2020-Financial and business news
- S&P 500: 2,480.64,-260.74(-9.51%)
- Dow 30: 21,200.62,-2,352.60(-9.99%)
- Nasdaq: 7,201.80,-750.25(-9.43%)
- Russell 2000: 1,122.93,-141.37(-11.18%)
Stocks biggest gainers
Vir Biotechnology, Inc. (VIR) was among stocks biggest gainers closing at
Stocks biggest losers
EPR Properties (EPR) was among stocks biggest losers closing at
Stock investing | Stock trading | Most active stocks
Advanced Micro Devices, Inc. (AMD) was among most active stocks closing at 39.01-6.69 (-14.64%).
U.S. Sectors & Industries Performance
All sectors closed lower with the stock market selloff. Health Care was the best performing sector -7.41%, Energy was the worst performing sector -12.30%.
“On Friday, investors will receive one of their first major economic data reports gauging the impact of the COVID-19 outbreak on consumer sentiment.
The University of Michigan will release its preliminary March consumer sentiment survey Friday at 10 a.m. ET. Consensus economists polled by Bloomberg expect the headline print will fall to a reading of 95.0, or six points below February’s reading of 101.0.”, Source: Yahoo Finance
Stock market update
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.