APPN

22 Feb: Stock market news February 21 2020

Stock market news for US stock market, US stocks, February 21, 2020

” U.S. stocks fell Friday, adding to losses from the prior session as investors fled to safe haven assets including gold and Treasuries. Existing home sales data, IHS Markit’s February purchasing managers’ indices for the U.S. and coronavirus developments remained a focus for investors. “, Source: https://finance.yahoo.com/news/stock-market-news-live-updates-february-21-2020-124037980.html

How stock market, US stocks closed on Friday, February 21, 2020-Financial and business news

  • S&P 500: 3,337.75,-35.48(-1.05%)
  • Dow 30: 28,992.41,-227.57(-0.78%)
  • Nasdaq: 9,576.59,-174.38(-1.79%)
  • Russell 2000: 1,678.61,-17.46(-1.03%)

Commodities

Crude oil (CL=F): -0.98% or -$0.53 to $53.35 a barrel

Gold (GC=F): +1.61% or +$26.10 to $1,646.60 per ounce

Bonds

Treasury Yield 10 Years (^TNX) 1.4710-0.0540 (-3.54%)

Investing

“30-year U.S. Treasury yield hits all-time low
The 30-year U.S. Treasury yield sank more than 7 basis points Friday morning to an all-time low of 1.8904% as of 9:48 a.m. Friday morning, according to Bloomberg data, amid broad-based buying in U.S. government bonds. Yields were lower across the curve, and the yield on the 10-year note remained below that of the shorter-duration 3-month bill.

Gold trades at seven-year high
Gold prices jumped more than 1%, or $21.80, Friday morning amid a flight to safe haven assets. At more than $1,640 an ounce, the precious metal was trading at its highest level since March 2013. Gold was on track for its best week in eight months as of intraday trading Friday.” Source: Yahoo Finance

Stocks biggest gainers

Dropbox, Inc. (DBX) was among stocks biggest gainers closing at
22.45+3.74 (+19.96%).

DBX daily stock chart | stocks | stock market
DBX daily stock chart | stocks | stock market

Stocks biggest losers

Appian Corporation (APPN) was among stocks biggest losers closing at
48.65-14.03 (-22.38%).

APPN daily stock chart | stocks | stock market
APPN daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Sprint Corporation (S) was among most active stocks closing at 10.05+0.57 (+6.01%).

S daily stock chart | stocks | stock market
S daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Real Estate was the best performing sector +0.38%, Information Technology was the worst performing sector -2.25%.

Stock market update

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

This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.