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Stock market today August 20, 2020

Stock market today

A higher close for the US stock market. Tech stocks outperformed today. Dow Jones gained 47 points, Nasdaq continues its rally, gained more than 100 points.

How the US stock market closed today

S&P 500:3,385.54,+10.69(+0.32%)
Dow 30: 27,740.04,+47.16(+0.17%)
Nasdaq: 11,264.95,+118.49(+1.06%)
Russell 2000: 1,566.59,-5.47(-0.35%)

Stock market news

“The latest read on the labor market suggests the recovery is losing steam. The Labor Department’s weekly unemployment claims report showed that 1.1 million workers filed for benefits last week, well above consensus economists expectations of another 920,000. Analysts have been hopeful that claims could one again dip below the 1 million mark for a second time since the start of the pandemic, yet the numbers are still well above the pre-pandemic record of 665,000 new claims from March 2009.

The data couldn’t have come at a more inopportune moment, as Washington has yet to agree on a new stimulus package, and the coveted $600 per week unemployment bonus has expired.”

Source: https://finance.yahoo.com/news/stock-market-news-live-august-20-2020-221258239.html

Commodities

At 4:09 PM, ET time today both the oil price and gold price were lower.

Crude Oil: 42.62,-0.31(-0.72%)
Gold: 1,961.10,-9.20(-0.47%)

Bonds

The 10-yr bond yield fell at 0.6440-0.0310 (-4.59%)
As of 2:59 PM EDT.

Stocks today

Tesla, Inc. (TSLA) stock rallied and closed above the 2,000 level at 2,001.83+123.30 (+6.56%). Apple Inc. (AAPL) stock made a new 52-week high today and closed at 473.10+10.27 (+2.22%).

Stock market data: Yahoo Finance

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