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Stock market today March 27, 2020

Stock market today

US stocks had a pause today and all major stock indexes fell more than 3.5% after the recent 3-day stock market rally. Dow fell more than 900 points. The selloff for stocks gained momentum in the past 2 hours of the trading session. At close, this is the stock market update:

S&P 500: 2,541.47,-88.60(-3.37%)
Dow 30: 21,636.78,-915.39(-4.06%)
Nasdaq: 7,502.38,-295.16(-3.79%)
Russell 2000: 1,131.99,-48.33(-4.09%)

Stock market data: Yahoo Finance

Commodities

Crude Oil: 21.60,-1.00(-4.42%)
Gold: 1,624.10,-27.10(-1.64%)

Bonds

10-Yr Bond Yield: 0.7490,-0.0620(-7.64%)

Treasury Yield 10 Years (^TNX), 5-day chart
Treasury Yield 10 Years (^TNX), 5-day chart

Source: Yahoo Finance

Investing

The bond market is still undecisive, all the 10-year bond yield cannot move significantly higher for now. If there is a stock bottom formed then the risk-on mood and sentiment may result in bond selling, bond yields higher, and a rotation of funds into riskier financial assets such as stocks, equities.

Check this link if you are interested in trading.

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