CREX

16 May: Stock market news for May 15, 2020

Stock market news Latest stock market news for May 15, 2020. “U.S. stocks rose as traders looked past trade jitters and weak economic data. Treasuries fell. Oil jumped. The S&P 500 erased losses, but still posted its worst week since March 20 — just before the gauge started a torrid rally. Sorrento Therapeutics soared 158% amid coronavirus antibody development claims. J.C. Penney surged 21% after saying it made an almost $17 million interest payment due May 7. Earlier Friday, stocks slumped as retail sales and factory output registered their steepest declines on record.” Source: https://www.bloomberg.com/news/articles/2020-05-14/asia-stocks-poised-to-gain-treasuries-advance-markets-wrap Stock market close on May 15, 2020 S&P 500: 2,863.70,+11.20(+0.39%)Dow 30: 23,685.42,+60.08(+0.25%)Nasdaq: 9,014.56,+70.84(+0.79%)Russell 2000: 1,256.32,+18.76(+1.52%) Stock movers The Russell 2000 index outperformed with interest for small-cap stocks. Sorrento Therapeutics, Inc. (SRNE) stock gained more than 150%, closing at 6.76+4.14 (+158.02%). The following stocks were stock movers, stock gainers, stock losers, and most active stocks for…

14 May: Stock market news for May 13, 2020

Stock market news Latest stock market news for May 13, 2020. “Stocks Fall as Fed’s Powell Says Outlook ‘Highly Uncertain’Shares of beaten-down energy, airline and bank stocks were among the biggest decliners. The Dow Jones Industrial Average dropped more than 500 points Wednesday after Federal Reserve Chairman Jerome Powell said further stimulus could be needed to support the economy’s recovery from the coronavirus-induced contraction. The blue-chip index and the S&P 500 opened modestly lower, and their declines accelerated as the session progressed. The Dow industrials dropped nearly 700 points at their lows. The declines were broad, with 29 of the 30 stocks in the index in the red, along with all sectors.” Source: https://www.wsj.com/articles/global-stock-markets-dow-update-05-13-2020-11589342813 Stock market close on May 13, 2020 S&P 500: 2,820.00,-50.12(-1.75%)Dow 30: 23,247.97,-516.81(-2.17%)Nasdaq: 8,863.17,-139.38(-1.55%)Russell 2000: 1,233.17,-42.36(-3.32%) Stock movers Genius Brands International, Inc. (GNUS) stock was among stocks that moved, with a stock price of 1.3100+0.5816 (+79.85%). Stocks…