Stock market report August 5 2019

US stock market report August 5 2019

Heavy losses for all major US stock indices due to the escalation of trade war between USA and China and uncertainty in the global financial markets. All 3 major US stock market indices closed lower more than 2.5%. This is the summary for US stock market at close on Monday August 5 2019:

  • S&P 500: 2,844.74,-87.31(-2.98%)
  • Dow 30: 25,717.74,-767.27(-2.90%)
  • Nasdaq: 7,726.04,-278.03(-3.47%)
  • Russell 2000: 1,487.41,-46.25(-3.02%)
  • 10-Yr Bond: 1.735,-0.12(-6.469%)
  • Vix: 24.59,+6.98(+39.64%)

Stock Market Suffers Worst Day This Year As Dow Dives 3%

The stock market today dived at the open and sold off through the session, as China fired the latest shot in the ongoing trade war by slashing the value of its currency, the yuan. The Dow Jones Industrial Average headed toward a test of long-term support.

The Nasdaq cratered 3.5%, the S&P 500 plunged 3% and the Dow Jones Industrial Average crashed 2.9%. Small caps tracked by the Russell 2000 sold off 2.8%. Preliminary data showed higher volume on the NYSE and Nasdaq vs. Friday.

Stocks tumbled early as China let the yuan fallto its lowest level against the dollar in more than 10 years and reportedly suspended purchases of U.S. agricultural goods. That followed President Trump’s latest round of China tariffs announced last week.

Source: Investors Business Daily

Stocks gainers

Allakos Inc. (ALLK) was the stock with bigggest gains closing at $65.26+$34.26 (+110.52%).

ALLK daily stock chart

Stocks losers

Sun Hung Kai Properties Limited (SUHJF) was the stock with largest losses closing at $14.30-$2.03 (-12.43%).

Stock investing – Most active stocks

Apple Inc. (AAPL) was among the most active stocks closing at $193.34-$10.68 (-5.23%).

AAPL daily stock chart

U.S. Sectors & Industries Performance

Utilities was the sector with best performance -1.51%, Information Technology was the sector with worst performance -4.07%. All sectors had heavy losses, Source: Fidelity

US stock market earnings today

Some of the companies releasing earnings today are Allergan plc (AGN), Twenty-First Century Fox Inc (FOXA), Chesapeake Energy Corp (CHK), Walt Disney Co (DIS) and SINA Corp (SINA).

Stock market news

Stock market data

All data about stocks stock investing is taken from Yahoo finance and stockcharts.com.

Stocks to buy or stocks to sell – stock market newsletter

We have a stock market newsletter covering the US stock market. Contact us for more on stock investing and US stocks.

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



Weekly US stock market report for July 29-August 2 2019

US stock market weekly update July 29-August 2 2019

All major US stock market indices had severe weekly losses as selling pressure intensified due to new trade tariffs announcements imposed by US to China. This is the weekly summary for US stock market:

  • Dow Jones Industrial Average: Close 26,485,Week -2.6%, YTD 13.5%
  • S&P 500 Index: Close 2,932 , Week-3.1%, YTD 17.0%
  • NASDAQ: Close 8,004, Week -3.9%, YTD 20.6%
  • Source: Bloomberg

US stock market report for Friday August 2 2019

The last trading session for the week of July 29 – August 2 2019 ended with losses for all three major US stock market indices, and mostly for the Nasdaq. This is the summary at close on Friday August 2 2019:

  • S&P 500: 2,932.05,-21.51(-0.73%)
  • Dow 30: 26,485.01,-98.41(-0.37%)
  • Nasdaq: 8,004.07,-107.05(-1.32%)
  • Russell 2000: 1,533.66,-17.11(-1.10%)
  • 10-Yr Bond: 1.855,-0.039(-2.0591%)
  • Vix: 17.61,-0.26(-1.45%)

Stocks gainers

BlackLine, Inc. (BL) was the stock with largest gains closing at $56.01+$13.47 (+31.66%).

BL daily stock chart

Stocks losers

Fluor Corporation (FLR) was the stock with largest losses closing at $22.67-$8.24 (-26.66%).

FLR daily stock chart

Stock investing – Most active stocks

Square, Inc. (SQ) was among the most active stocks closing at $69.60-$11.38 (-14.05%).

SQ daily stock chart

U.S. Sectors & Industries Performance

Real Estate was the best performing sector +0.76%, Information Technology was the worst performing sector -1.68%.

Stock market news

Stock market data

All data about stocks stock investing is taken from Yahoo finance and stockcharts.com.

Stocks to buy or stocks to sell – stock market newsletter

We have a stock market newsletter covering the US stock market. Contact us for more on stock investing and US stocks.

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