Stock market today May 14, 2020

Stock market today

The US stock market managed to recover losses and end the day with gains for all major stock market indices. Dow closed higher more than 350 points. Earlier today “the Dow had been off as many as 458 points, after the Labor Department’s weekly report on new jobless claims showed another 2.981 million individuals filed for first-time unemployment benefits last week, or more than had been expected. In recent sessions, stocks have retraced prior gains, amid a rising chorus of warnings from economists and officials over the outlook for the virus-stricken economy, as well as signs of lingering tensions between the U.S. and China.”

Source: https://finance.yahoo.com/news/stock-market-news-live-may-14-2020-221219645.html

How the US stock market closed today May 14, 2020

S&P 500: 2,852.50,+32.50(+1.15%)
Dow 30: 23,625.34,+377.37(+1.62%)
Nasdaq: 8,943.72,+80.56(+0.91%)
Russell 2000: 1,237.56,+4.30(+0.35%)

Stock market source: Yahoo Finance

Stocks today

Financial stocks performed well today as Wells Fargo & Company (WFC) stock closed at 24.06+1.53 (+6.79%) and Bank of America Corporation (BAC) closed at
21.71+0.84 (+4.02%).

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