Stock market news March 16 2020

Stock market news, US stock market, March 16, 2020

“Dow drops 13%, Trump says recession possible, trading halted at open. The wave of selling continued on Monday as stocks cratered with the Dow dropping nearly 13% for its worst day since Black Monday, and its largest point drop in history. The S&P 500 also posted its worst day since Oct. 1987, while the Russell 2,000 and Nasdaq Composite turned in their worst days on record. The selling was sharp and fast. Minutes after the open stocks dropped more than 5% , triggering a “circuit breaker” and a 15 minute halt in trading. That set the tone for the day, with stocks ending the session right around their lowest levels as President Trump said the economy “may be” headed for a recession.” , Source: https://www.cnbc.com/2020/03/16/stock-market-today-live.html

How stock market, US stocks closed on Monday, March 16, 2020-Financial and business news

“The Dow Jones Industrial Average plunged nearly 3,000 points Monday with selling pressure accelerating into the close as Trump gave the nation an update on the coronavirus. “The President’s press conference where he said this virus could cause disruption into August was longer than many anticipated. ” Source: https://finance.yahoo.com/news/the-dow-just-crashed-3000-points-here-is-why-it-happened-203917420.html

  • S&P 500: 2,386.13,-324.89(-11.98%)
  • Dow 30: 20,188.52,-2,997.10(-12.93%)
  • Nasdaq: 6,904.59,-970.28(-12.32%)
  • Russell 2000: 1,037.42,-172.72(-14.27%)

Bonds

10-Yr Bond: 0.7280,-0.2230(-23.45%)

Vix: 82.69, +24.86(+42.99%)

Stocks biggest gainers

BioNTech SE (BNTX) was among stocks biggest gainers with a stock price at close of 40.00+9.07 (+29.32%).

BNTX daily stock chart
BNTX daily stock chart

Stocks biggest losers

Gaming and Leisure Properties, Inc. (GLPI) was among stocks biggest losers with a stock price at close of 19.55-13.64 (-41.10%).

GLPI daily stock chart
GLPI daily stock chart

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks with a stock price at close of 6.66-1.19 (-15.16%).

GE daily stock chart
GE daily stock chart

U.S. Sectors & Industries Performance

All sectors closed lower. Consumer Staples was the best performing sector -6.99%, Real Estate was the worst performing sector -16.55%

U.S. Sectors & Industries Performance, March 16, 2020
U.S. Sectors & Industries Performance, March 16, 2020

Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Economic news today, March 17, 2020

The focus today will be on  February’s retail sales figures for the US economy. Other notable economic releases scheduled for Tuesday include Industrial production MoM, Capacity utilization, JOLTS job openings, NAHB Housing Market Index.

Stock earnings

Notable stock earnings today include FedEx Corporation (FDX).

Stock market update


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

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

Trading and Investing

Check this link if you are interested in trading.


Stock market news March 5 2020

Stock market news for US stock market, March 5, 2020

After the rally a selloff for the US stock market. Increased volatility is persistent for US stocks now. News that California delcared state of emergency due to coronavirus sent major US stock market indices down more than 3%.

How stock market, US stocks closed on Thursday, March 5, 2020-Financial and business news

  • S&P 500:3,023.94,-106.18(-3.39%)
  • Dow 30:26,121.28,-969.58(-3.58%)
  • Nasdaq:8,738.59,-279.49(-3.10%)
  • Russell 2000:1,478.82,-52.37(-3.42%)

Stocks biggest gainers

Vipshop Holdings Limited (VIPS) was among stocks biggest gainers closing at 16.66+3.54 (+26.98%).

VIPS daily stock chart
VIPS daily stock chart

Stocks biggest losers

Sabre Corporation (SABR) was among stocks biggest losers closing at 10.74-2.36 (-18.02%).

SABR daily stock chart
SABR daily stock chart

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks closing at
10.08-0.87 (-7.95%).

GE daily stock chart
GE daily stock chart

U.S. Sectors & Industries Performance

All sectors closed lower, as there was selling pressure for stocks. Utilities was the best performing sector -1.63%, Industrials was the worst performing sector -4.96%.

Economic news

Important economic and financial news for today are the US February jobs report, non-farm payrolls and unemployment rate.

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.

Stock market news January 29 2020

Stock market news

The US stock market closed little changed, as all three major stock market indexes were flat.

The Federal Reserve left its benchmark interest rate unchanged Wednesday and reaffirmed its make-no-moves posture while it gauges how rate cuts last year cushioned the U.S. economy against a spell of weaker global growth.

Source: https://www.wsj.com/articles/fed-likely-to-hold-interest-rates-steady-11580293802

How stock market closed on Wednesday, January 29, 2020-Financial and business news

  • S&P 500: 3,273.40,-2.84(-0.09%)
  • Dow 30: 28,734.45,+11.60(+0.04%)
  • Nasdaq: 9,275.16,+5.48(+0.06%)
  • Russell 2000: 1,649.22,-9.09(-0.55%)

Stocks biggest gainers

MACOM Technology Solutions Holdings, Inc. (MTSI) was among stocks biggest gainers closing at 30.72+4.45 (+16.94%).

MTSI daily stock chart | stocks | stock market
MTSI daily stock chart | stocks | stock market

Stocks biggest losers

Silicon Laboratories Inc. (SLAB) was among stocks biggest losers closing at 102.76-15.74 (-13.28%).

SLAB daily stock chart | stocks | stock market
SLAB daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks closing at
12.94+1.21 (+10.32%).

GE daily stock chart | stocks | stock market
GE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Industrials was the best performing sector +0.55%, Energy was the worst performing sector -1.07%.

Stock earnings

Notable earnings today include Biogen (BIIB), Coca-Cola (KO), Eli Lilly (LLY), Hersey (HSY), Raytheon (RTN), UPS (UPS), Valero (VLO), Verizon (VZ) before market open; Amazon (AMZN), Electronic Arts (EA), Western Digital (WDC), Visa (V), Vertex (VRTX), U.S. Steel (X) after market close.

Stock market update

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

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

Stock market news January 22 2020

Stock market news January 22 2020

The US stock market closed almost flat.  This is the summary for US stock market at close on Wednesday, January 22, 2020:

How stock market closed on Wednesday, January 22, 2020-Financial and business news

  • S&P 500: 3,321.75,+0.96(+0.03%)
  • Dow 30: 29,186.27,-9.77(-0.03%)
  • Nasdaq: 9,383.77,+12.96(+0.14%)
  • Russell 2000: 1,684.46,-1.44(-0.09%)

Stocks biggest gainers

Virgin Galactic Holdings, Inc. (SPCE) was among stocks biggest gainers closing at 19.72 +2.42 (+13.99%).

SPCE daily stock chart | stocks | stock market

Stocks biggest losers

Zions Bancorporation, National Association (ZIONW) was among stocks biggest losers closing at 15.20 -2.44 (-13.83%).

ZIONW daily stock chart | stoks | stock market

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among stock active stocks closing at 11.37 -0.29 (-2.49%).

GE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Information Technology was the best performing sector +0.37%, Energy was the worst performing sector -0.89%.

Notable earnings today

Notable earnings today include Procter & Gamble (PG), chipmaker Intel (INTC), American Airlines (AAL), Kimberly-Clark (KMB), Comcast (CMCSA), Freeport-McMoran (FCX), Southwest Airlines (LUV), Travelers (TRV), VF Corp (VFC), Union Pacific (UNP) before market open; plus Intel (INTC) and Las Vegas Sands (LVS) after market close.

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.


US stock market news January 13 2020

Stock market news January 13 2020

“Dow Jones Industrial Average rises 83 points
The Dow climbed 83.28 points, or 0.29%, to end the day at 28,907.05. The S&P 500 and Nasdaq Composite rose 0.70% and 1.04%, respectively, to record highs. Stocks rose as optimism around the signing of the so-called phase one trade deal increased.”.Source:CNBC

How stock market closed on Monday, January 13, 2020-Financial and business news

The US stock market closed higher on Monday, January 13, 2020. All major US stock market indexes closed higher. This is the summary for US stock market at close on Monday, January 13, 2020:

  • S&P 500: 3,288.13,+22.78(+0.70%)
  • Dow 30: 28,907.05,+83.28(+0.29%)
  • Nasdaq: 9,273.93,+95.07(+1.04%)
  • Russell 2000: 1,669.61, +11.96(+0.72%)

Stocks biggest gainers

Cardlytics, Inc. (CDLX) was among stocks biggest gainers closing at
85.05 +16.82 (+24.65%).

CDLX daily stock chart | stocks | stock market

Stocks biggest losers

Exact Sciences Corporation (EXAS) was among stocks biggest losers closing at 90.16 -14.28 (-13.67%).

EXAS daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks closing at
12.12 +0.45 (+3.86%).

GE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Materials was the best performing sector +1.36%, Health Care was the worst performing sector -0.35%.

Stock earnings today

“A few big banks will kick off earnings season when Citigroup (C), JPMorgan (JPM) and Wells Fargo (WFC) deliver quarterly results ahead of the opening bell.”, Source: Yahoo Finance.

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.


US Stock Market News January 2 2020

Stock market news January 2 2020

The US stock market made a new rally to start the new year 2020. New record highs for the major US stock market indices, as the stock market for now is on fire. This is the summary for US stock market at close on Thursday, January 2, 2020:

Stock market today

  • S&P 500: 3,257.85,+27.07(+0.84%)
  • Dow 30: 28,868.80,+330.36(+1.16%)
  • Nasdaq: 9,092.19,+119.58(+1.33%)
  • Russell 2000: 1,666.77,-1.70(-0.10%)

Stocks biggest gainers

BioNTech SE (BNTX) was among stocks biggest gainers closing at 38.50+4.62 (+13.64%).

BNTX daily stock chart | stocks | stock market

Stocks biggest losers

Mirati Therapeutics, Inc. (MRTX) was among stocks biggest losers closing at 116.21-12.65 (-9.82%).

MRTX daily stock chart | stocks | stock market


Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks closing at
11.93+0.77 (+6.90%).

GE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Industrials was the best performing sector +1.81%, Utilities was the worst performing sector -1.38%.

Stock market update

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

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

US Stock Market News December 3 2019

US Stock Market News December 3 2019

Another trading session with losses for the US stock market. This is the summary for US stock market at close on Tuesday December 3, 2019:

  • S&P 500: 3,093.20,-20.67(-0.66%)
  • Dow 30: 27,502.81,-280.23(-1.01%)
  • Nasdaq: 8,520.64,-47.34(-0.55%)
  • Russell 2000: 1,602.63,-4.95(-0.31%)

Stocks biggest gainers

Audentes Therapeutics, Inc. (BOLD) was among stocks biggest gainers closing at 58.93+30.32 (+105.98%).

BOLD daily stock chart | stocks | stock market

Stocks biggest losers

Cleveland-Cliffs Inc. (CLF) was among stocks biggest losers closing at
7.51-0.90 (-10.70%).

CLF daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks closing at
10.99-0.17 (-1.52%).

GE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Real Estate was the best performing sector +0.74%, Energy was the worst performing sector -1.55%.

Stock earnings calendar

Notable earnings today  are  Campbell Soup (CPB) and Slack (WORK).

Stock market update

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

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


US Stock Market News October 31 2019

Stock Market News October 31 2019

US stock market closed lower one day after the interest rate cut by the Fed. This is the summary for US stock market at close on Thursday October 31, 2019:

  • S&P 500: 3,037.56,-9.21(-0.30%)
  • Dow 30: 27,046.23,-140.47(-0.52%)
  • Nasdaq: 8,292.36,-11.62(-0.14%)
  • Russell 2000: 1,562.45,-10.40(-0.66%)

Stocks biggest gainers

Murphy USA Inc. (MUSA) was among stocks biggest gainers closing at $117.93+$23.09 (+24.35%).

MUSA daly stock chart

Stocks biggest losers

Wayfair Inc. (W) was among stocks biggest losers closing at $82.23-$18.85 (-18.65%).

W daily stock chart

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks closing at $9.98-$0.13 (-1.29%).

GE daily stock chart

U.S. Sectors & Industries Performance

Utilities was the best performing sector +0.46%, Industrials was the worst performing sector -1.14%.

Stock earnings calendar

Notable earnings today are Alibaba Group Holding Ltd (BABA), AbbVie Inc (ABBV), Exxon Mobil Corp (XOM), Chevron Corp (CVX), and Colgate-Palmolive Co (CL).

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.

US Stock Market News October 30 2019

Stock Market News October 30 2019

U.S. Fed cuts interest rates, signals it is on hold. The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world, but signaled there would be no further reductions unless the economy takes a turn for the worse.
“We believe that monetary policy is in a good place,” Fed Chair Jerome Powell said in a news conference after the U.S. central bank announced its decision to cut its key overnight lending rate by a quarter of a percentage point to a target range of between 1.50% and 1.75%.
“We took this step to help keep the economy strong in the face of global developments and to provide some insurance against ongoing risks,” he said. “We see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy remains broadly consistent with our outlook.”

Source: Yahoo Finance

US stock market closed marginally lower after the third consecutive rate cut by the Fed. This is the summary for US stock market at close on Wednesday October 30, 2019:

  • S&P 500: 3,046.77,+9.88(+0.33%)
  • Dow 30: 27,186.69,+115.29(+0.43%)
  • Nasdaq: 8,303.98, +27.13(+0.33%)
  • Russell 2000: 1,572.85,-4.22(-0.27%)

Stocks biggest gainers

PG&E Corporation (PCG) was among stocks biggest gainers closing at $6.14+$1.11 (+22.07%).

PCG daily stock chart

Stocks biggest losers

Enphase Energy, Inc. (ENPH) was among stocks biggest losers closing at $18.76-$6.43 (-25.53%).

ENPH daily stock chart

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks closing at $10.11+$1.04 (+11.47%).

GE daily stock chart

U.S. Sectors & Industries Performance

Utilities was the best performing sector + 0.87%, Energy was the worst performing sector -2.12%.

Stock earnings calendar

Notable earnings today are Kraft Heinz (KHC), Pinterest (PINS, Sprint (S), Estée Lauder (EL), Bristol-Myers Squibb (BMY), Wayfair (W), Clorox (CLX), Allergan (AGN), Altria (MO).

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.



US Stock Market News October 1 2019

Stock Market News October 1 2019

US stock market overview for October 1 2019. Selling pressure for stocks sent all the major stock market indices closing lower with significant losses. This is the summary for US stock market at close on Tuesday, October 1, 2019:

  • S&P 500: 2,940.25,-36.49(-1.23%)
  • Dow 30: 26,573.04,-343.79(-1.28%)
  • Nasdaq: 7,908.68,-90.65(-1.13%)
  • Russell 2000: 1,493.43,-29.94(-1.97%)

Stocks biggest gainers

Banco de Sabadell, S.A. (BNDSF) was among stocks biggest gainers closing at $0.9664+$0.1064 (+12.37%).

Stocks biggest losers

TD Ameritrade Holding Corporation (AMTD) was among stocks biggest losers closing at $34.67-$12.03 (-25.76%).

AMTD daily stock chart

Stock investing – Most active stocks

General Electric Company (GE) was among the most active stocks closing at $8.61-$0.33 (-3.69%).

GE daily stock chart

U.S. Sectors & Industries Performance

Consumer Staples was the best performing sector -o.28%, Industrials was the worst performing sector -2.40%.

Stock market data

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.