February 22, 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%)
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
Treasury Yield 10 Years (^TNX) 1.4710-0.0540 (-3.54%)
“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
Stocks biggest losers
Appian Corporation (APPN) was among stocks biggest losers closing at
Stock investing | Stock trading | Most active stocks
Sprint Corporation (S) was among most active stocks closing at 10.05+0.57 (+6.01%).
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
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.