Stock market news A rally for the US stock market, stocks rose on good news about the jobs report. The latest stock market news for June 5, 2020: “Dow Jones Industrial Average rallies 829 pointsThe Dow rallied 829.16 points, or 3.15%, to close at 27,110.68. The S&P 500 jumped 2.62% to 3,193.93. The Nasdaq Composite surged 2.06% to hit a record high and close at 9,814.08. A record surge in U.S. jobs sent stocks flying as traders cheered the prospects of the economy reopening. A record 2.5 million jobs addedU.S. employers added a shocking 2.5 million jobs last month — the largest gain on record — while the unemployment rate slid to 13.3%, the Labor Department said Friday. Economists polled by Dow Jones expected a drop of more than 8 million jobs and the unemployment rate to nearly reach 20%, which would have been the highest since the 1930s. “ Source: https://www.cnbc.com/2020/06/05/what-happened-to-the-stock-market-friday-record-jobs-report-sends-stocks-surging.html Stock movers Occidental Petroleum Corporation (OXY) stock was among stock movers with a stock price at the close of 20.79+5.24 (+33.70%). Source: Stockscharts Stocks that were top gainers, top losers and most active: Stock gainers Chesapeake Energy Corp. (CHK): 24.80,+ 10.75 +76.51%Nabors Industries Ltd. (NBR): 65.62,+ 22.19 +51.09%MMTec Inc. (MTC) : 4.49,+ 1.45 +47.70% Stock losers Cinedigm Corp. Cl A (CIDM): 2.74,-0.89 -24.52%Liquidia Technologies Inc. (LQDA): 7.56,-1.90 -20.08%Provention Bio Inc. (PRVB): 12.19, -2.60 -17.5% Most active stocks American Airlines Group Inc. (AAL): 18.59,+ 1.87 +11.18%Luckin Coffee Inc. ADR (LK): 5.51,+ 1.46 +36.05%Ford Motor Co. (F): 7.34,+ 0.77 +11.72% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries Performance Energy was the best performing sector +7.46%, Utilities were the worst-performing sector +1.36%. Source: Fidelity Stock market update All data about the stock market, stocks, stock investing, stock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com. Investing Check this link for stock trading.
Stock market news “Dow Jones Industrial Average rises 527 pointsThe Dow surged 527.24 points, or 2.05%, to close at 26,269.89. The S&P 500 gained 1.36% to end the day at 3,122.87. The Nasdaq Composite rose 0.78% to 9,682.91. Better-than-expected data sent stocks flying as traders bet the worst from the economic slowdown is in the rear-view mirror. Data comes in better than expectedADP and Moody’s Analytics reported private payrolls fell by another 2.76 million in May. The ADP number was far less than the 8.75 million estimate. Data from the Institute for Supply Management showed the U.S. services sector contracted less than expected, rebounding from an 11-year trough.” Source: https://www.cnbc.com/2020/06/03/what-happened-to-the-stock-market-wednesday-economic-data-lifts-stocks.html Stock movers Cinedigm Corp. (CIDM) stock surged more than 70%, closing at 1.3100+0.5815 (+79.82%). Source: Stockscharts Stocks that were top gainers, top losers and most active: Stock gainers FSD Pharma Inc. (HUGE): 7.39,+ 4.29 +138.39%Genius Brands International Inc. (GNUS): 7.93, +3.91 +97.26%Global Eagle Entertainment Inc. (ENT): 3.80,+ 1.62 +74.31% Stock losers Hebron Technology Co. Ltd. Cl A (HEBT): 14.29, -8.26 -36.63%Evofem Biosciences Inc. (EVFM): 3.42, -1.24 -26.61%Ameri Holdings Inc. (AMRH): 2.30, -0.57 -19.86% Most active stocks Genius Brands International Inc. (GNUS): 7.93,+ 3.91 +97.26%NIO Inc. ADR (NIO): 5.60,+ 0.90 +19.15%General Electric Co. (GE): 7.36,+ 0.31 +4.40% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries Performance Industrials were the best performing sector +3.81%, Health Care was the worst-performing sector -0.20%. Source: Fidelity Stock market update All data about the stock market, stocks, stock investing, stock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com. Investing Check this link for stock trading.