Stock market today May 8, 2020

Stock market today, a rally for the stocks despite a very bad jobs report

At the close today, the US stock market had a rally, with small-cap stocks outperforming. How the US stock market closed today:

S&P 500: 2,929.80,+48.61(+1.69%)
Dow 30: 24,331.32,+455.43(+1.91%)
Nasdaq: 9,121.32,+141.66(+1.58%)
Russell 2000: 1,329.64,+46.71(+3.64%)

Commodities

Crude Oil: 24.70,+1.15(+4.88%)
Gold: 1,708.90,-16.90(-0.98%)

Bonds

10-Yr Bond yield: 0.6820,+0.0510(+8.08%)
Vix: 27.98,-3.46(-11.01%)

Stock market news

” THE EMPLOYMENT SITUATION — APRIL 2020

Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent,
the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the
coronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors,
with particularly heavy job losses in leisure and hospitality.”

Source: https://www.bls.gov/news.release/empsit.nr0.htm

Stocks today

Stocks that moved today, all stock prices are at the close:

Fuel Tech, Inc. (FTEK) stock was a trending stock today, gaining more than 90%, at 0.9100+0.4400 (+93.62%). Another trending stock today was Axon Enterprise, Inc. (AAXN) up more than 20% at 86.13+15.85 (+22.55%).

Stock market data: Yahoo Finance

Trading and Investing

Check this link if you are interested in trading


Leave a Reply

Your email address will not be published. Required fields are marked *