FTSV

03 Mar: Stock market news March 2 2020

Stock market news for US stock market, March 2, 2020

A stock market rally for the first trading session of March 2020. All major US stock market indices closed higher more than 4.0%. “Dow jumps 1,290 points in biggest-ever point gain.

U.S. stocks skyrocketed on Monday, with the Dow setting a single-day point record in a broad-based rebound, after mounting coronavirus fears sent global markets into a week-long swoon.

The powerful rally sent the blue-chip Dow index soaring by more than 1,290 points, which beat the previous record set in December 2018 and snapped a brutal seven-session losing streak. On a percentage basis, the S&P 500 Index and Nasdaq both saw their biggest move in over a year.” Source : https://finance.yahoo.com/news/stock-market-news-live-updates-march-2-2020-003013975.html

How stock market, US stocks closed on Monday, March 2, 2020-Financial and business news

  • S&P 500: 3,090.23,+136.01(+4.60%)
  • Dow 30: 26,703.32,+1,293.96(+5.09%)
  • Nasdaq: 8,952.17,+384.80(+4.49%)
  • Russell 2000: 1,518.49,+42.06(+2.85%)

Stocks biggest gainers

Forty Seven, Inc. (FTSV) was among stocks biggest gainers closing at
93.91+35.91 (+61.91%).

FTSV daily stock chart | stocks | stock market
FTSV daily stock chart | stocks | stock market

Stocks biggest losers

Guardant Health, Inc. (GH) was among stocks biggest losers closing at
78.08-8.88 (-10.21%).

GH daily stock chart | stocks | stock market
GH daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Apple Inc. (AAPL) was among most active stocks closing at 298.81+25.45 (+9.31%).

AAPL daily stock chart | stocks | stock market
AAPL daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

All sectors closed higher, as there was a strong demand for stocks. Utilities was the best performing sector +5.86%, Industrials was the worst performing sector +2.75%.

Stock earnings

Notable stock earnings today include Target Corporation (TGT), AutoZone (AZO) and Kohl’s (KSS) before market open, and Nordstrom (JWN) after market close.

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.


29 Feb: Stock market news February 28 2020

Stock market news for US stock market, February 28, 2020

Another selloff for the US stock market ended with trimming losses at the close of the trading session. The big news for US stocks came from Fed chairman stating that Fed is monitoring the coronavirus developments closely and can act if necessary to support the economy. This was a big catalyst for buying stocks at lower levels and so the major stock market indexes came off their lows at the close.

“Fed Is Ready to Cut Rates in Response to Coronavirus. Fed Chairman Jerome Powell on Friday issued a rare and brief statement attempting to reassure investors who’ve been in a panic all week. He signaled that the U.S. central bank is prepared to cut interest rates to protect the economy from the growing threat.

Powell: Economy faces ‘evolving risks’ from virus

Powell wants you to know that the economy remains in a good position (its “fundamentals” remain strong, as he puts it), but he says the outbreak threatens to knock it off course.

“The coronavirus poses evolving risks to economic activity,” Powell’s statement says. “The Federal Reserve is closely monitoring developments and their implications for the economic outlook.”

The release ends with the most important piece of information: “We will use our tools and act as appropriate to support the economy.”

Source: Yahoo Finance

How stock market, US stocks closed on Friday, February 28, 2020-Financial and business news

  • S&P 500: 2,954.22,-24.54(-0.82%)
  • Dow 30: 25,409.36,-357.28(-1.39%)
  • Nasdaq: 8,567.37,+0.89(+0.01%)
  • Russell 2000: 1,476.43,-21.44(-1.43%)

Bonds

10-yr bond yield: 1.1270, -0.1720(-13.24%)

Commodities

Crude Oil: 45.26,-1.83(-3.89%)
Gold: 1,587.30,-55.20(-3.36%)

Stocks biggest gainers

Forty Seven, Inc. (FTSV) was among stocks biggest gainers closing at
58.00+9.21 (+18.88%).

FTSV daily stock chart | stocks | stock market
FTSV daily stock chart | stocks | stock market

Stocks biggest losers

Vir Biotechnology, Inc. (VIR) was among stocks biggest losers closing at
46.50-13.70 (-22.76%).

VIR  daily stock chart | stocks | stock market
VIR daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Bank of America Corporation (BAC) was among most active stocks closing at 28.50-0.63 (-2.16%).

BAC daily stock chart | stocks | stock market
BAC daily stock chart | stocks | stock market


U.S. Sectors & Industries Performance

Energy was the best performing sector +1.25%, Utilities was the worst performing sector -3.32%.

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.

18 Jan: Stock market news January 17 2020

Stock market news January 17 2020

“U.S. Stocks End Week at Record Levels. U.S. stocks set repeated highs this week, pulled higher by shares of big technology companies.”, source: Wall Street Journal .

All major US stock market indices closed higher. This is the summary for US stock market at close on Friday, January 17, 2020:

How stock market closed on Friday, January 17, 2020-Financial and business news

  • S&P 500: 3,329.62,+12.81(+0.39%)
  • Dow 30: 29,348.10,+50.46(+0.17%)
  • Nasdaq: 9,388.94,+31.81(+0.34%)
  • Russell 2000: 1,699.64,+17.24(+1.02%)

Stocks biggest gainers

Forty Seven, Inc. (FTSV) was among stocks biggest gainers closing at
45.74 +4.59 (+11.15%).

FTSV daily stock chart | stocks | stock market

Stocks biggest losers

Viela Bio, Inc. (VIE) was among stocks biggest losers closing at
40.15 -6.85 (-14.57%).

VIE daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

NIO Limited (NIO) was among most active stocks closing at
4.6700 +0.3000 (+6.86%).

NIO daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Communication Services was the best performing sector +0.90%, Energy was the worst performing sector -0.66%.

Stock market update

All data about 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.