Stock market report August 16 2019

US stock market report August 16 2019

US stock market ended the day with significant gains as buying interest for stocks was present during the last trading session of the week. This is the summary of the US stock market at close on Friday August 16 2019:

• S&P 500: 2,888.68,+41.08(+1.44%)
• Dow 30: 25,886.01,+306.61(+1.20%)
• Nasdaq: 7,895.99,+129.38(+1.67%)
• Russell 2000: 1,493.64,+31.99(+2.19%)
• 10-Yr Bond: 1.5390,+0.0100(+0.65%)
• Vix: 18.47,-2.71(-12.80%)

Stocks gainers

PT Ace Hardware Indonesia Tbk (ACEHF) was the stock with largest gains closing at $0.1205+$0.0205 (+20.50%).

Stocks losers

IMCD N.V. (IMDZF) was the stock with largest losses closing at $69.30-$13.50 (-16.30%).

Stock investing – Most active stocks

General Electric Company (GE) was among the most active stocks closing at $8.79+$0.78 (+9.74%).

U.S. Sectors & Industries Performance

Industrial was the best performing sector +1.90%, Utilities was the worst performing sector +0.35%, Source: Fidelity. 

Stock market news

• London Stock Exchange hit by worst outage since 2011
• Stock-market investors rattled by bond market’s recession warning — here’s what’s next
• Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap

Stock market data

All data about stocks , stock investing is taken from Yahoo finance and stockcharts.com.

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist