Stock market news, US stock market, March 9, 2020
A 7% drop for all major US stock market indices and a decline of 25%-30% for oil prices were the dominant news on Monday, March 9, 2020. Circuit breakers were activated for the US stock market as the decline for major stock indices was more than 7% within the first minutes of the trading session.
How stock market, US stocks closed on Monday, March 9, 2020-Financial and business news
- S&P 500: 2,746.56,-225.81(-7.60%)
- Dow 30: 23,851.02,-2,013.76(-7.79%)
- Nasdaq: 7,950.68,-624.94(-7.29%)
- Russell 2000: 1,313.44,-135.78(-9.37%)
Stocks biggest gainers
Korea Electric Power Corporation (KEP) was among stocks biggest gainers closing at 9.22+0.48 (+5.49%).
Stocks biggest losers
Apache Corporation (APA) was among stocks biggest losers closing at 9.55-11.15 (-53.86%).
Stock investing | Stock trading | Most active stocks
Occidental Petroleum Corporation (OXY) was among most active stocks closing at 12.51-13.56 (-52.01%).
U.S. Sectors & Industries Performance
All sectors closed lower. Energy was the worst performing sector -20.08%, Consumer Staples was the best performing sctor -4.41%.
Notable earnings today include Dick’s Sporting Goods (DKS).
Stock market update
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.