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21 May: Stock market news for May 20, 2020

Stock market news “Dow Jones Industrial Average rises 369 pointsThe Dow jumped 369.04 points, or 1.52%, to 24,575.90. The S&P 500 advanced 1.67% to 2,971.61. The Nasdaq Composite closed 2.08 higher at 9,375.78. Traders mounted bets on the economy recovering as more states ease stay-at-home orders. Amazon and Facebook hit records, ‘reopening’ stocks riseAmazon rose 1.98% to hit an all-time high to lead the market higher. Facebook gained 6.04% and reach record levels as well. Stocks that would benefit from the economy reopening also advanced Wednesday. MGM Resorts closed 8.84% higher while United Airlines rose 5.19%.” Source: https://www.cnbc.com/2020/05/20/what-happened-to-the-stock-market-wednesday-wall-street-mounts-reopening-bets.html Stock market close on May 20, 2020 S&P 500: 2,971.61,+48.67(+1.67%)Dow 30: 24,575.90,+369.04(+1.52%)Nasdaq: 9,375.78,+190.67(+2.08%)Russell 2000: 1,346.93,+39.21(+3.00%) Stock movers Aurora Cannabis Inc. (ACB) stock was among trending stocks closing at 12.75-1.90 (-12.97%). Among stock movers were Phunware, Inc. (PHUN) closing at 1.5700+0.9003 (+134.43%) and Facebook, Inc. (FB) stock with a stock price of 229.97+13.09…