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Stock market news March 13 2020

Stock market news, US stock market, March 13, 2020

It is not common to see a 10% drop in one day and a 9% rise the following day for the US stock market. Still it happened. US stocks surged on Friday, March 13, 2020 after Trump declared virus emergency.

“Wall Street shares rallied on Friday after US President Donald Trump declared the coronavirus outbreak a national emergency, freeing up money to fight the spread of the disease.

As the president spoke, the three main US indexes jumped more than 9%.”

Source: https://www.bbc.com/news/business-51849106

How stock market, US stocks closed on Friday, March 13, 2020-Financial and business news

  • S&P 500: 2,711.02,+230.38(+9.29%)
  • Dow 30: 23,185.62,+1,985.00(+9.36%)
  • Nasdaq: 7,874.88,+673.07(+9.35%)
  • Russell 2000: 1,210.13,+87.20(+7.77%)


10-Yr Bond: 0.9510,+0.1020(+12.01%)

The Vix index closed at 57.83,-17.64(-23.37%) in a very volatile week for stock trading, stock investing and the US stock market.

Stocks biggest gainers

CVR Energy, Inc. (CVI) was among stocks biggest gainers with a stock price at close of 20.80+5.56 (+36.48%).

CVI daily stock chart
CVI daily stock chart

Stocks biggest losers

NWS Holdings Limited (NWSZF) was among stocks biggest losers with a stock price at close of 0.7000-0.7500 (-51.72%).

Stock investing | Stock trading | Most active stocks

Microsoft Corporation (MSFT) was among most active stocks with a stock price at close of 158.83+19.77 (+14.22%).

MSFT daily stock chart
MSFT daily stock chart

U.S. Sectors & Industries Performance

All sectors closed higher with the stock market rally gaining momentum at the close of the trading session. Financials was the best performing sector +13.23%, Utilities was the worst performing sector +5.55%.

U.S. Sectors & Industries Performance, MArch 13, 2020
U.S. Sectors & Industries Performance, MArch 13, 2020

Stock market Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

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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