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Stock market news for August 24, 2020

Stock market news

Latest stock market news. Dow Jones closed above the 28,000 level up more than 370 points. Tech stocks underperformed, Nasdaq gained more than 60 points. The indices set new records.

How the US stock market closed on August 24, 2020

S&P 500: 3,431.28,+34.12(+1.00%)
Dow 30: 28,308.46,+378.13(+1.35%)
Nasdaq: 11,379.72,+67.92(+0.60%)
Russell 2000: 1,566.00,+13.53(+0.87%)

Stock market data: Yahoo Finance

Stock market volatility

The CBOE Volatility Index (VIX) closed little changed at 22.37-0.17 (-0.75%).

Stock movers

Tortoise Acquisition Corp. (SHLL) stock was a mover closing at 40.00+10.09 (+33.73%).

Stock gainers

Cancer Genetics Inc. (CGIX): 6.25,+ 3.35 +115.52%
Sonnet BioTherapeutics Holdings Inc. (SONN): 3.90,+ 1.27 +48.29%
Tortoise Acquisition Corp. Cl A (SHLL): 40.00,+ 10.09 +33.73%

Stock losers

Odonate Therapeutics Inc. (ODT): 18.33, -15.21 -45.35%
FTS International Inc. (FTSI): 3.15, -1.81 -36.49%
Hexindai Inc. ADR (HX): 1.91, -0.67 -25.97%

Most active stocks

Cancer Genetics Inc. (CGIX): 6.25,+ 3.35 +115.52%
General Electric Co. (GE): 6.63,+ 0.32 +5.07%
American Airlines Group Inc. (AAL): 13.44,+ 1.28 +10.53%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Energy was the best performing sector +2.75%, Health Care was the worst-performing sector -0.54%.

Stock Market, U.S. Sectors & Industries Performance for August 24, 2020
Stock Market, U.S. Sectors & Industries Performance for August 24, 2020

Source: Fidelity

Stock market update

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Stock market news for August 19, 2020

Stock market news

A lower close today for the US stock market. Major stock indexes erased some moderate gains after the release of the FOMC minutes. At the close on August 19, 2020 the numbers for the US stock market were:

S&P 500: 3,374.85,-14.93(-0.44%)
Dow 30: 27,692.88,-85.19(-0.31%)
Nasdaq: 11,146.46,-64.38(-0.57%)
Russell 2000: 1,572.07,+2.30(+0.15%)

Stock market data: Yahoo Finance

Stock market volatility

The CBOE Volatility Index (VIX) closed higher at 22.54+1.03 (+4.79%).

Stock movers

BioMarin Pharmaceutical Inc. (BMRN) stock fell more than 30% with a stock price at the close of 76.71-41.83 (-35.28%).

Stock gainers

Momenta Pharmaceuticals Inc. (MNTA): 52.12,+ 21.31 +69.17%
Harmony Biosciences Holdings Inc. (HRMY): 37.01,+ 13.01 +54.21%
Hudson Ltd. Cl A (HUD): 7.46,+ 2.33 +45.42%

Stock losers

BioMarin Pharmaceutical Inc. (BMRN): 76.72, -41.83 -35.28%
Galapagos N.V. ADR (GLPG): 141.00, -47.08 -25.03%
Vipshop Holdings Ltd. ADR (VIPS): 19.26, -4.65 -19.45%

Most active stocks

Bank of America Corp. (BAC): 25.50, -0.03 -0.12%
Momenta Pharmaceuticals Inc. (MNTA): 52.12,+ 21.31 +69.17%
American Airlines Group Inc. (AAL): 12.68,+ 0.08 +0.63%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

All sectors closed lower. The Financials sector was the best performing sector -0.08%, the Real Estate sector was the worst performing sector -2.02%.

Stock Market, U.S. Sectors & Industries Performance for August 19, 2020
Stock Market, U.S. Sectors & Industries Performance for August 19, 2020

Source: Fidelity

Stock market update

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Stock market news for August 11, 2020

Stock market news

The latest stock market news for August 11, 2020. The US stock market closed lower, Dow fell more than 100 points, Nasdaq fell more than 180 points.

US stock market at the close on August 11, 2020

S&P 500: 3,333.69,-26.78(-0.80%)
Dow 30: 27,686.91,-104.53(-0.38%)
Nasdaq: 10,782.82,-185.53(-1.69%)
Russell 2000: 1,572.94,-11.73(-0.74%)

Stock market volatility

The CBOE Volatility Index (VIX) closed higher at 24.03+1.90 (+8.59%).

Stock movers

Sorrento Therapeutics, Inc. (SRNE) stock closed lower more than 20% with a stock price at the close of 14.09-4.73 (-25.13%).

Stock gainers

Kelly Services Inc. Cl B (KELYB): 38.28,+ 23.47 +158.47%
Pfenex Inc. (PFNX): 12.83,+ 5.17 +67.49%
Biofrontera AG ADR (BFRA): 20.32,+ 7.07 +53.36%

Stock losers

Fulcrum Therapeutics Inc. (FULC): 8.90, -8.22 -48.01%
Mesoblast Ltd. ADR (MESO): 11.33, -6.09 -34.96%
Fennec Pharmaceuticals Inc. (FENC): 6.66, -3.51 -34.51%

Most active stocks

NIO Inc. ADR (NIO): 12.99, -1.22 -8.59%
Sorrento Therapeutics Inc. (SRNE): 14.09, -4.73 -25.13%
American Airlines Group Inc. (AAL): 13.73, -0.27 -1.93%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Financials Sector was the best performing sector +1.30%, the Utilities Sector was the worst performing sector -2.13%.

Stock Market, U.S. Sectors & Industries Performance
Stock Market, U.S. Sectors & Industries Performance

Source: Fidelity

Stock market update

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Stock market news for August 10, 2020

Stock market news

The latest stock market news for August 10, 2020.

A higher close for the US stock market, only Nasdaq declined moderately.

US stock market at the close on August 10, 2020

S&P 500: 3,360.47,+9.19(+0.27%)
Dow 30: 27,791.44,+357.96(+1.30%)
Nasdaq: 10,968.36,-42.63(-0.39%)
Russell 2000: 1,584.13,+14.94(+0.95%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 22.13-0.08(-0.36%).

Stock movers

Seres Therapeutics, Inc. (MCRB) stock gained more than 300% with a stock price at the close of 22.70+18.06 (+389.22%).

Stock gainers

Seres Therapeutics Inc. (MCRB): 22.70 +18.06 +389.22%
Omeros Corp. (OMER): 21.32,+ 7.19 +50.88%
BiomX Inc. (PHGE):8.00,+ 2.37 +42.10%

Stock losers

SCWorx Corp. (WORX): 3.10, -2.65 -46.13%
Reata Pharmaceuticals Inc. Cl A (RETA): 104.41, -51.79 -33.16%
Eastman Kodak Co. (KODK): 10.73, -4.15 -27.89%

Most active stocks

Sorrento Therapeutics Inc. (SRNE): 18.82,+ 4.40 +30.51%
American Airlines Group Inc. (AAL): 14.00,+ 0.97 +7.44%
Trevena Inc. (TRVN): 3.13,+ 0.75 +31.51%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Energy sector was the best performing sector +3.08%, the Communication Services was the worst-performing sector -0.46%.

Stock Market, U.S. Sectors & Industries Performance for August 10, 2020
Stock Market, U.S. Sectors & Industries Performance for August 10, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

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Stock market news for July 23, 2020

Stock market news for July 23, 2020. A lower close for the US stock market, tech stocks declined.

Stock market close on July 23, 2020

S&P 500: 3,235.66,-40.36(-1.23%)
Dow 30: 26,652.33,-353.51(-1.31%)
Nasdaq: 10,461.42,-244.71(-2.29%)
Russell 2000: 1,486.51,-3.64(-0.24%)

Stock market volatility

The CBOE Volatility Index (VIX) closed higher at 26.08+1.76 (+7.24%).

Stock movers

Arbutus Biopharma Corporation (ABUS) was a stock mover closing at
6.20+3.38 (+119.86%).

Arbutus Biopharma Corporation (ABUS) stock chart

Arbutus Biopharma Corporation (ABUS) stock chart
Arbutus Biopharma Corporation (ABUS) stock chart

Source: Stockscharts.com

Stock gainers

Milestone Pharmaceuticals Inc. (MIST): 8.91,+ 5.57 +166.77%
Arbutus Biopharma Corp. (ABUS): 6.20,+ 3.38 +119.86%
RigNet Inc. (RNET): 3.13,+ 1.02 +48.34%

Stock losers

360 Finance Inc. ADR (QFIN): 13.61, -3.32 -19.61%
Aurinia Pharmaceuticals Inc. (AUPH): 13.95, -2.71 -16.27%
LexinFintech Holdings Ltd. ADR (LX): 8.99, -1.65 -15.51%

Most active stocks

Milestone Pharmaceuticals Inc. (MIST): 8.91,+ 5.57 +166.77%
American Airlines Group Inc. (AAL): 11.77,+ 0.41 +3.61%
Arbutus Biopharma Corp. (ABUS): 6.20,+ 3.38 +119.86%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Financials sector and the Consumer Staples were the best performing sectors +0.18%, the Information Technology sector was the worst performing sector -2.63%.

Stock Market, U.S. Sectors & Industries Performance for July 23, 2020
Stock Market, U.S. Sectors & Industries Performance for July 23, 2020

Source: Fidelity

Stock market update

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Stock market news for July 10, 2020

A higher close for the US stock market, Dow Jones gained more than 350 points, Nasdaq made a new 52-week high, yes it underperformed. Latest stock market news for July 10, 2020.

Stock market close on July 10, 2020

S&P 500: 3,185.04,+32.99(+1.05%)
Dow 30: 26,075.30,+369.21(+1.44%)
Nasdaq: 10,617.44,+69.69(+0.66%)
Russell 2000: 1,422.68,+23.76(+1.70%)

Stock market volatility

The CBOE Volatility Index (VIX) index closed lower at 27.29-1.97 (-6.73%).

Stock movers

Tesla, Inc. (TSLA) stock was a stock mover closing above the 1,5000 level, at
1,544.65,+150.37 (+10.78%).

Tesla (TSLA) stock chart
Tesla (TSLA) stock chart

Source: Stockscharts.com

Stock gainers

WiMi Hologram Cloud Inc. ADR (WIMI): 14.63, +10.79 +280.99%
Wah Fu Education Group Ltd. (WAFU): 7.18,+ 2.18 +43.60%
Inspired Entertainment Inc. (INSE): 3.28,+ 0.85 +34.98%

Stock losers

Golden Bull Ltd. (DNJR): 1.82, -0.58 -24.32%
Centogene N.V. (CNTG): 13.30, -3.77 -22.09%
Seres Therapeutics Inc. (MCRB): 4.51, -0.99 -18.00%

Most active stocks

NIO Inc. ADR (NIO): 14.98,+ 0.41 +2.81%
WiMi Hologram Cloud Inc. ADR (WIMI): 14.63,+ 10.79 +280.99%
American Airlines Group Inc. (AAL): 11.94,+ 0.76 +6.80%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Stock market news, performance for the business sectors.

The Financials sector was the best performing sector +3.48%, Healh Care was the worst performing sector -0.22%.

Stock Market, U.S. Sectors & Industries Performance for July 10, 2020
Stock Market, U.S. Sectors & Industries Performance for July 10, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

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Stock market news for July 1, 2020

These are the latest stock market news for July 1, 2020.

“Dow Jones Industrial Average falls 77 points
The Dow fell 77.91 points, or 0.30%, to close at 25,734.97. The S&P 500 advanced 0.50% to 3,115.86. The Nasdaq Composite gained 0.95% to end the day at 10,164.63. Stocks traded higher for most of the session amid positive news on a potential coronavirus vaccine.

Vaccine data lifts sentiment
A study of a coronavirus vaccine candidate being developed by Pfizer and BioNTech showed the drug created neutralizing antibodies. The results were released online, but have not been reviewed by a medical journal yet. The company also said that, if the vaccine gets regulatory approval, it expects to make up to 100 million doses by year-end and “potentially” more than 1.2 billion by the end of 2021.

Pfizer jumps, Amazon and Netflix gain
Pfizer shares jumped 3.18% on the vaccine data released Wednesday. Amazon and Netflix gained 4.35% and 6.72%, respectively.”

Stock market source: https://www.cnbc.com/2020/07/01/what-happened-to-the-stock-market-wednesday-pfizer-vaccine-data-lifts-sentiment.html

Stock market close on July 1, 2020

S&P 500: 3,115.86,+15.57(+0.50%)
Dow 30: 25,734.97,-77.91(-0.30%)
Nasdaq:v10,154.63,+95.86(+0.95%)
Russell 2000: 1,432.83,-8.54(-0.59%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 28.62-1.81 (-5.95%).

Stock movers

FedEx Corporation (FDX) stock closed higher more than 11% at 156.66+16.44 (+11.72%).

FDX stock news

“For the fiscal 2020 fourth quarter ended May 31, the company reported revenue of $17.4 billion, down from $17.8 billion a year earlier. But the latest number easily topped FactSet’s analyst consensus of $16.4 billion.

Still, that wasn’t enough to create profits. FedEx suffered a loss of $334 million in the latest quarter, or $1.28 per share, shrinking from a loss of $1.97 billion, or $7.56 per share, a year ago. Analysts expected earnings per share of $1.33 for the latest quarter.

Adjusted EPS totaled $2.53 in the latest quarter, blowing away analysts’ prediction of $1.58.”

Stock market source: https://www.thestreet.com/investing/fedex-stronger-than-expected-revenue-adjusted-profi

FDX stock chart

FDX stock chart
FDX stock chart

Source: Stockscharts

Stock gainers

Liminal BioSciences Inc. (LMNL): 22.79,+ 11.99 +111.02%
89bio Inc. (ETNB): 28.17 +8.24 +41.34%
Akero Therapeutics Inc. (AKRO): 33.37 +8.45 +33.91%

Stock losers

Polar Power Inc. (POLA): 3.13, -1.83 -36.90%
Inovio Pharmaceuticals Inc. (INO): 19.73, -7.22 -26.79%
CPS Technologies Corp. (CPSH): 1.82, -0.60 -24.79%

Most active stocks

Workhorse Group Inc. (WKHS): 19.18,+ 1.79 +10.29%
General Electric Co. (GE): 6.74, -0.09 -1.32%
American Airlines Group Inc. (AAL): 12.81, -0.26 -1.99%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Real Estate sector was the best performing sector +2.57%, the Energy sector was the worst-performing sector -2.49%.

U.S. Sectors & Industries Performance for July 1, 2020
U.S. Sectors & Industries Performance for July 1, 2020

Source: Fidelity

Stock market news, economic news

The ADP National Employment Report came in at 2369K, lower than the forecast of 3000K, but still being positive for a second consecutive month.

Stock market update

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Stock market news for June 29, 2020

Latest stock market news for June 29, 2020. The US stock market closed higher ignoring the fears about the second wave of coronavirus outbreak. Dow Jones gained more than 580 points, S&P 500 rose more than 40 points.

Stock market close on June 29, 2020

S&P 500: 3,053.26,+44.21(+1.47%)
Dow 30: 25,595.80,+580.25(+2.32%)
Nasdaq: 9,874.15,+116.93(+1.20%)
Russell 2000: 1,411.35,+32.57(+2.36%)

Stock market volatility

The CBOE Volatility Index (VIX) closed at 31.78-2.95 (-8.49%).

Economic news

US Pending Home Sales for the month of May 2020 came in at 44.3% beating the estimate of 18.9%. The previous figure was -21.8%.

Stock movers

Boeing was a stock mover with its stock closing at 194.49,+24.48 (+14.40%). News that certification test flights for grounded 737 MAX airplanes started sent BA stock higher.

BA stock chart
BA stock chart

Source: Stockscharts

Stock market news, stocks that moved on June 29, 2020.

Stock gainers

Puhui Wealth Investment Management Co. Ltd. (PHCF): 8.08,+ 2.68 +49.63%
Workhorse Group Inc. (WKHS): 14.51 +4.61 +46.57%
Landcadia Holdings II Inc. Cl A (LCA): 14.40,+ 4.31 +42.72%

Stock losers

Cleveland BioLabs Inc. (CBLI): 2.45, -1.81 -42.49%
Intercept Pharmaceuticals Inc. (ICPT): 46.70, -30.79 -39.73%
Concrete Pumping Holdings Inc. (BBCP): 3.66, -1.82 -33.21%

Most active stocks

Workhorse Group Inc. (WKHS): 14.51,+ 4.61 +46.57%
American Airlines Group Inc. (AAL): 13.32,+ 0.94 +7.59%
Boeing Co. (BA): 194.49, +24.48 +14.40%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

All sectors closed higher. The Industrials sector had the best performance +3.19%, while the Health Care sector had the worst performance +0.85%.

U.S. Sectors & Industries Performance for June 29, 2020
U.S. Sectors & Industries Performance for June 29, 2020

Source: Fidelity

Stock market update

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Stock market news for June 23, 2020

The latest stock market news for June 23, 2020. The US stock market closed higher on June 23, 2020.

Stock market news

The closing numbers for the US stock market on June 23, 2020:

S&P 500: 3,131.29,+13.43(+0.43%)
Dow 30: 26,156.10,+131.14(+0.50%)
Nasdaq: 10,131.37,+74.89(+0.74%)
Russell 2000: 1,440.75,+7.22(+0.50%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 31.37-0.40 (-1.26%).

Stock movers

Inovio Pharmaceuticals, Inc. (INO) stock gained more than 40%, with a stock price at the close of 21.57+6.27 (+40.98%).

Inovio Pharmaceuticals, Inc. (INO) stock  chart
Inovio Pharmaceuticals, Inc. (INO) stock chart

Source: Stockscharts

Stock gainers

Translate Bio Inc. (TBIO): 23.87,+ 7.63 +46.98%
Inovio Pharmaceuticals Inc. (INO): 21.57,+ 6.27 +40.98%
China Rapid Finance Ltd. ADR (XRF): 3.48,+ 1.01 +40.89%

Stock losers

MER Telemanagement Solutions Ltd. (MTSL): 1.33, -0.70 -34.48%
SiNtx Technologies Inc. (SINT): 1.42, -0.59 -29.35%
Nemaura Medical Inc. (NMRD): 11.76, -3.62 -23.54%

Most active stocks

American Airlines Group Inc. (AAL): 14.00, -0.92 -6.17%
Inovio Pharmaceuticals Inc. (INO): 21.57,+ 6.27 +40.98%
Genius Brands International Inc. (GNUS): 3.13,+ 0.62 +24.70%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Consumer Discretionary was the best performing sector +1.04%, Utilities waere the worst-performing sector -1.06%.

U.S. Sectors & Industries Performance for June 23, 2020
U.S. Sectors & Industries Performance for June 23, 2020

Stock market update

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Stock market news for June 22, 2020

The latest stock market news for June 22, 2020. A choppy stock trading session, at the close all major stock indices were higher, Dow gained more than 150 points.

Stock market news

The closing numbers for the US stock market on June 22, 2020:

S&P 500: 3,117.86,+20.12(+0.65%)
Dow 30: 26,024.96, +153.50(+0.59%)
Nasdaq: 10,056.47,+110.35(+1.11%)
Russell 2000: 1,433.50, +14.86(+1.05%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 31.77-3.35 (-9.54%).

Stock movers

Ideanomics, Inc. (IDEX) stock gained more than 40%, with a stock price at the close of 3.2900+1.0700 (+48.20%).


Ideanomics, Inc. (IDEX) stock chart
Ideanomics, Inc. (IDEX) stock chart

Source: Stockscharts

Stock gainers

Kirkland’s Inc. (KIRK): 3.54,+ 1.51 +74.38%
Evoke Pharma Inc. (EVOK): 3.80,+ 1.45 +61.70%
Fuwei Films (Holdings) Co. Ltd. (FFHL): 4.69,+ 1.60 +51.78%

Stock losers

Urban One Inc. Cl A (UONE): 19.36, -16.94 -46.67%
Urban One Inc. Cl D (UONEK): 2.90, -1.25 -30.12%
Caledonia Mining Corp. PLC (CMCL): 12.36, -4.69 -27.51%

Most active stocks

Ideanomics Inc. (IDEX): 3.29 +1.07 +48.20%
American Airlines Group Inc. (AAL): 14.92, -1.08 -6.75%
NIO Inc. ADR (NIO): 7.43,+ 0.09 +1.23%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Information Technology was the best performing sector +1.93%, Financials was the worst performing sector -0.48%.

U.S. Sectors & Industries Performance for June 22, 2020
U.S. Sectors & Industries Performance for June 22, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

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