Stock market today May 1, 2020

Stock market today

The US stock market fell today, with significant losses for all major stock indexes of more than 2.5%. Dow fell more than 600 points. How the stock market today closed:

S&P 500: 2,830.71,-81.72(-2.81%)
Dow 30: 23,723.69,-622.03(-2.55%)
Nasdaq: 8,604.95,-284.60(-3.20%)
Russell 2000: 1,260.48,-50.18(-3.83%)

Commodities

At 4:40 PM today the oil prices were higher more than 4%, and gold price was also higher about 0.80%.

Crude Oil: 19.74,+0.90(+4.78%)
Gold: 1,708.50,+14.30(+0.84%)

Bonds

The 10-Yr Bond yield rose to 0.6420,+0.0200(+3.22%). The
Vix index rose more than 8% at 37.19,+3.04(+8.90%).

Stocks today

You do not hear daily a CEO of a company saying the stock price of its company is too high. Well, Ellon Musk did that today with a tweet. Tesla, Inc. (TSLA) stock closed lower at 701.32-80.56 (-10.30%), recovering some of the losses during today’s stock market trading session.

Tesla, Inc. (TSLA) stock daily chart
Tesla, Inc. (TSLA) stock daily chart

Stock market data: Yahoo Finance

Stock market commentary

“Dow sinks sharply after Trump threatens China with tariffs over coronavirus: May 1, 2020”, source: https://edition.cnn.com/business/live-news/stock-market-news-050120/index.html

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