Stock market report August 26 2019

US stock market report August 26 2019

The 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 tension between the USA and China. This is the summary for US stock markey at close on Monday August 26 2019:

• S&P 500: 2,878.38,+31.27(+1.10%)
• Dow 30: 25,898.83,+269.93(+1.05%)
• Nasdaq: 7,853.74,+101.97(+1.32%)
• Russell 2000: 1,476.00,+16.52(+1.13%)
• 10-Yr Bond: 1.5450,+0.0170(+1.11%)
• Vix: 19.32,-0.55(-2.77%)

Stocks gainers

The Medicines Company (MDCO) was the stock with largest gains closing at $39.85+$4.82 (+13.76%).

Stocks losers

Rolls-Royce Holdings plc (RLLCF) was the stock with largest losses closing at $0.0052-$0.0012 (-18.75%).

Stock investing – Most active stocks

Itaú Unibanco Holding S.A. (ITUB) was among the most active stocks closing at $8.00-$0.05 (-0.62%).

U.S. Sectors & Industries Performance

All sectors had gains, Communication Services was the best performing sector +1.53%, Materials was the worst performing sector +0.30%, Source: Fidelity

Stock market news

• Are stock-market investors giving up on the ‘Trump put’?
• Insiders are selling stock like it’s 2007
• Stocks Pare Gains on Shifting Trade Mood Unease: Markets Wrap

US stock market earnings today

Some of the companies releasing earnings today are Autodesk Inc (ADSK), Regis Corp (RGS), Veeva Systems Inc (VEEV) and Momo Inc (MOMO).

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.