Stock market today August 3, 2020
August 3, 2020
Stock market today
Nasdaq hit a record high. Small-cap stocks outperformed. Dow gained more than 230 points. Shares of Microsoft and Apple made new highs.
“Stocks rose Monday as investors considered another set of corporate earnings reports and awaited a slew of data on the state of the labor market this week as parts of the country continue to grapple with a rise in coronavirus cases.
The Nasdaq outperformed, jumping more than 1.5% as big tech stocks extended last week’s gains. Microsoft (MSFT) surged 6% to a record intraday high, leading the Dow higher as the company engaged in talks with the White House over a potential acquisition of social media company TikTok’s US operations.
Stimulus discussions in Washington also remained a focal point. As of late last week, Democratic and Republican lawmakers were in a logjam over the details of a new virus-related economic relief package, with the enhanced $600 per week in unemployment benefits having expired last Friday.”
Stock market source: https://finance.yahoo.com/news/stock-market-news-live-august-3-2020-222257017.html
US stock market today at the close
S&P 500: 3,294.61,+23.49(+0.72%)
Dow 30: 26,664.40,+236.08(+0.89%)
Russell 2000: 1,504.69,+24.27(+1.64%)
At 4:08 PM, ET time today the crude oil price was higher more than 1.4%, and oil price was higher more than 0.30%
Crude Oil: 40.87,+0.60(+1.49%)
At 4:10 PM et time today the 10-yr bond yield was higher at 0.5630,
Microsoft Corporation (MSFT) stock closed at 216.54+11.53 (+5.62%) on news about the interest of Microsoft to acquire TikTok.
Apple Inc. (AAPL) stock closed at 435.75+10.71 (+2.52%).
Stock market data: Yahoo Finance