Stock market today July 1, 2020
July 1, 2020
A mixed close for the US stock market today. Dow Jones fell more than 70 points, S&P 500 gained about 16 points. The stock market today reacted to positive news related to Pfizer and its vaccine for the coronavirus, and to the positive ADP National Employment Report, which came in at 2369K, lower than the forecast of 3000K, but still being positive for a second consecutive month. Tech stocks outperformed today, while small-cap stocks underperformed. A positive but still a mixed trading session for the stock market today.
Stock market today at the close
S&P 500: 3,115.86,+15.57(+0.50%)
Dow 30: 25,734.97,-77.91(-0.30%)
Russell 2000: 1,432.83,-8.54(-0.59%)
At 4:10 PM, ET time crude oil was higher and gold price was lower.
Crude Oil: 39.69,+0.42(+1.07%)
The 10-Yr Bond yield at 4:12 PM, ET time was higher at 0.6820,+0.0290(+4.44%).
Pfizer Inc. (PFE) stock was among trending stocks today with a stock price of 33.74+1.04 (+3.18%) at the close. This move was related to news released.
PFE stock news
“Pfizer Inc’s shares rose more than 4% after the drugmaker said a COVID-19 vaccine being developed with German biotech firm BioNTech showed promise and was found to be well-tolerated in early-stage human trials.
The gains put Pfizer among the top boosts to both the S&P 500 and Dow Industrials while U.S.-listed shares of BioNTech gained about 5%, helping improve the mood on Wall Street even as the U.S. Centers for Disease Control and Prevention reported an increase of 43,644 new cases of coronavirus.”
Square, Inc. (SQ) stock closed higher more than 10% at 115.90+10.96 (+10.44%).
Netflix, Inc. (NFLX) stock moved higher with gains of more than 6%, and a stock price of 485.64+30.60 (+6.72%) at the close.
Shares of MYOS RENS Technology Inc. (MYOS) gained more than 170% at 2.4400+1.5600 (+177.27%).
Shares of T2 Biosystems, Inc. (TTOO) closed higher at 1.5200+0.2500 (+19.69%).
Stock market data: Yahoo Finance