Stock market today October 8, 2020

Stock market today

A scecond consecutive day with gains for the US stock market. Small-cap stocks outperformed. Dow gained more than 120 points. How the stock market closed today:

S&P 500: 3,446.83,+27.38(+0.80%)
Dow 30: 28,425.51,+122.05(+0.43%)
Nasdaq: 11,420.98,+56.38(+0.50%)
Russell 2000: 1,628.55,+17.51(+1.09%)

Stock market news

“In minutes released Wednesday covering the central bank’s September meeting, the central bank said that “many participants noted that their economic outlook assumed additional fiscal support and that if future fiscal support was significantly smaller or arrived significantly later than they expected, the pace of the recovery could be slower than anticipated.”

Another sign of tepid economic activity arrived Thursday via the Labor Department’s weekly jobless claims report, which checked in at 840,000. Consensus economists expect to see another 820,000 new claims filed last week, up marginally from the prior week. However, continuing claims — a closely watched metric — fell unexpectedly to below 11 million.”

Stock market data: Yahoo Finance

Related Posts

Leave a comment