Stock market today
The US stock market today had a rally, all major stock indices closed higher with gains of more than 1%. Nasdaq outperformed, and small-cap stocks underperformed. Dow Jones gained 373 points, S&P 500 gained 58 points. The closing numbers for the US stock market today follow.
S&P 500: 4,077.91,+58.04(+1.44%)
Dow 30: 33,527.19,+373.98(+1.13%)
Russell 2000: 2,265.33,+11.43(+0.51%)
Stock market news
Latest stock market news, what moved the stock marked today.
Stocks jumped Monday as traders took in last week’s much stronger-than-expected monthly jobs report and looked ahead to a busy week of commentary from Federal Open Market Committee (FOMC) members.
The Dow gained more than 350 points, or 1%, reaching a record high. The S&P 500 also reached an intraday and closing record, and the Nasdaq jumped 1.7% as technology stocks extended recent gains. Treasuries were mixed across the curve, and the yield on the 10-year Treasury note ticked down slightly to about 1.71%. Shares of GameStop (GME) sank after the company announced an up to $1 billion share sale. Meanwhile, shares of Tesla (TSLA) jumped after the electric vehicle-maker posted first-quarter deliveries that more than doubled over last year.
Traders on Monday returned from a long holiday weekend after Friday’s stock market closure in observance of Good Friday. As a results, Monday’s regular trading session marks the first since the March jobs report was released Friday morning, which showed that the economy gained a stunning 916,000 payrolls last month with an unemployment rate that ticked down to 6.0%.
This week’s calendar will be relatively light in terms of new economic data, and very few corporate earnings results are slated for release. However, a number of Fed policymakers are scheduled to speak, offering their own assessment of how the latest, estimates-topping data informs their perspectives on when to tweak their ultra-accommodative monetary policy going forward. Chicago Fed President Charles Evans, Richmond Fed President Thomas Barkin and St. Louis Fed President Jim Bullard are each slated to deliver public remarks later this week, and Fed Chair Jerome Powell will speak at an an International Monetary Fund panel on the global economy Thursday afternoon.
The central bank is also poised to release the meeting minutes from its March FOMC meeting on Wednesday. While these will not account for the latest batch of economic data, the notes will offer a glimpse at policymakers’ thinking over whether some members were inclined to look past the first signs of a faster-than-expected economic recovery in dictating the direction of monetary policy.”
Stock market data: Yahoo Finance
Stock market today: Stocks that moved
- AMC Entertainment Holdings, Inc. (AMC): 10.62+1.26 (+13.46%)
- CytoDyn Inc. (CYDY): 3.9800+0.7900 (+24.76%)
- ACADIA Pharmaceuticals Inc. (ACAD): 21.18-4.41 (-17.23%)
All stock prices, stock quotes as of the close of the US stock market today.
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