Stock market today August 20, 2020
August 20, 2020
Stock market today
How the US stock market closed today
Dow 30: 27,740.04,+47.16(+0.17%)
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.”
At 4:09 PM, ET time today both the oil price and gold price were lower.
Crude Oil: 42.62,-0.31(-0.72%)
The 10-yr bond yield fell at 0.6440-0.0310 (-4.59%)
As of 2:59 PM EDT.
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