A strong sell-off for stocks for the last weekly trading session, with all major US stock market indices closing lower more than 2%. The reason being US – China trade war deepends as President Trump tweeted and ordered the US manufacturers to seek an alternative market and country other than China for their business activities located outside the US. This is the summary of the US stock market at close on Friday, August 23, 2019:
S&P 500: 2,847.11,-75.84(-2.59%)
Dow 30: 25,628.90,-623.34(-2.37%)
Nasdaq: 7,751.77,-239.62(-3.00%)
Russell 2000: 1,459.49,-46.52(-3.09%)
10-Yr Bond: 1.5280,-0.0820(-5.09%)
Vix: 19.87,+3.19(+19.12%)
Stocks gainers
Entertainment One Ltd. (ENTMF) was the stock with largest gains closing at $7.98+$2.73 (+52.00%).
Stocks losers
Foot Locker, Inc. (FL) was the stock with largest losses closing at $34.00-$7.93 (-18.91%).
FL daily stock chart
Stock investing – Most active stocks
Apple Inc. (AAPL) was among the most active stocks closing at $202.64-$9.82 (-4.62%).
AAPL daily stock chart
U.S. Sectors & Industries Performance
With the strong sell-off for stocks all sectors closed lower. Utilities was the best performing sector -1.05%, Energy was the worst performing sector -3.37%, Source: Fidelity.
[…] first trading session for the new week started with gains for the US stock market with all major US stock indices closing up more than 1%. The reason was hopes of easing trade war […]
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