Stock market news March 3 2020

Stock market news for US stock market, March 3, 2020

“Stocks sell off after Federal Reserve delivers emergency rate cut. U.S. stocks traded choppily and then sold off after the Federal Reserve delivered an emergency rate cut Tuesday morning.

Dow ends nearly 800 points lower, giving back more than half of Monday’s gains
Each of the three major stock indices ended Tuesday’s session off more than 2.5%. The Dow shed nearly 800 points, reversing Monday’s more than 1200-point advance.

Here’s where the markets settled at the end of regular equity trading:

S&P 500 (^GSPC): -2.81% or -86.86 points to 3,003.37

Dow (^DJI): -2.94% or -785.91 points to 25,917.41

Nasdaq (^IXIC): -2.99% or -268.08 points to 8,684.09

Gold (GC=F): +2.59% or +$41.30 to $1,636.10 per ounce

10-year Treasury (^TNX): yielding 1.013%, down 7.5 bps”

Source: https://finance.yahoo.com/news/stock-market-news-live-updates-march-3-2020-122022862.html

How stock market, US stocks closed on Tuesday, March 3, 2020-Financial and business news

  • S&P 500: 3,003.37,-86.86(-2.81%)
  • Dow 30: 25,917.41,-785.89(-2.94%)
  • Nasdaq: 8,684.09,-268.08(-2.99%)
  • Russell 2000: 1,486.08,-32.41(-2.13%)

Stocks biggest gainers

Genworth Financial, Inc. (GNW) was among stocks biggest gainers closing at 4.8000+0.6200 (+14.83%).

GNW daily stock chart
GNW daily stock chart

Stocks biggest losers

Schrodinger, Inc. (SDGR) was among stocks biggest losers closing at
39.51-5.24 (-11.71%).

SDGR daily stock chart
SDGR daily stock chart

Stock investing | Stock trading | Most active stocks

Advanced Micro Devices, Inc. (AMD) was among most active stocks closing at 46.75-0.71 (-1.50%).

AMD  daily stock chart
AMD daily stock chart

U.S. Sectors & Industries Performance

Real Estate was the best performing sector -0.10%, Information Technology was the worst performing sector -3.79%.

Stock earnings

Notable stock earnings today include American Eagle Outfitters (AEO) and Zoom Video Communications (ZM).

Economic news

Important economic news today about the U.S. economy, are the releases of the February readings of the ISM Non-Manufacturing Index and ADP jobs report.

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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