Stock market news for May 27, 2020

Stock market news May 27, 2020

“Stocks Climb as Optimism Builds. The Dow Jones Industrial Average surged above 25000 on optimism that economic activity is gathering steam and authorities may offer more stimulus to bolster the recovery. Major indexes were again powered by economically sensitive shares in the financials and industrials sectors.

U.S. stocks surged Wednesday, climbing to levels not seen since early March, on optimism that economic activity is gathering steam and authorities may offer more stimulus to bolster the recovery.

The Dow Jones Industrial Average rose 553.16 points, or 2.2%, to 25548.27—marking the first time since early March that the blue-chip index has closed above the 25000 mark. The index was powered by gains in American Express, Goldman Sachs and JPMorgan Chase, all of which climbed more than 5%.”

Source: https://www.wsj.com/articles/global-markets-0527-11590553761

Stock market closing numbers on May 27, 2020

S&P 500: 3,036.13,+44.36(+1.48%)
Dow 30: 25,548.27,+553.16(+2.21%)
Nasdaq: 9,412.36,+72.14(+0.77%)
Russell 2000: 1,438.12,+45.05(+3.23%)

Stock movers

Greenpro Capital Corp. (GRNQ) stock gained more than 200%, with a stock price at the close of 2.5800+1.7543 (+212.46%).

Stocks that were top gainers, top losers and most active:

Stock gainers

Mersana Therapeutics Inc. (MRSN): 18.19, +7.43 +69.05%
36Kr Holdings Inc. ADR (KRKR): 6.80,+2.30 +51.11%
Euroseas Ltd. (ESEA): 3.40,+0.97 +39.9%

Stock losers

Arcturus Therapeutics Holdings Inc. (ARCT): 38.56, -15.74 -28.99%
La Jolla Pharmaceutical Co. (LJPC): 5.03, -1.80 -26.35%
Oasis Midstream Partners LP (OMP): 9.20, -2.84 -23.59%

Most active stocks

Luckin Coffee Inc. ADR (LK): 2.59,+0.46 +21.60%
General Electric Co. (GE): 7.29,+0.49 +7.21%
Bank of America Corp. (BAC): 25.98 +1.70 +7.00%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Financials were the best performing sector +4.34%, Information Technology was the worst-performing sector +0.54%.

U.S. Sectors & Industries Performance for May 27, 2020
U.S. Sectors & Industries Performance for May 27, 2020

Source: Fidelity

Stock market update

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Stock market news for May 26, 2020

Stock market news May 26, 2020

“Dow closes up 500 points, tests 25,000 level, on recovery hopes and vaccine news.

U.S. stocks finished higher Tuesday, but off key levels following a long holiday weekend, as investors were emboldened by fresh coronavirus vaccine news and signs that global economies are crawling back from the pandemic shutdown.

How did benchmarks perform?
The Dow Jones Industrial Average DJIA, +2.16% climbed 529.95 points, or 2.2%, to end at 24,995.11, after trading above 25,000 earlier in the session.

The S&P 500 index SPX, +1.22% rose 36.32 points, or 1.2%, to close at 2,991.77, shy of its 200-day moving average of 2,999.81, according to FactSet data. The 200-day moving average is viewed by market technicians as a dividing line between long-term bullish and bearish trends. Meanwhile, the Nasdaq Composite COMP, +0.16% gained 15.63 points, or 0.2%, finishing at 9,340.22.

The Dow finished the session 15.4% off its all-time closing high in February, the S&P 500 index off by 11.7% and the Nasdaq less than 5% from its record close.

What drove the market?
Investors were focusing on positive signs in the global economy, news of the gradual removal of economic restrictions related to COVID-19 and signs that Americans are beginning to feel safe enough to travel and congregate in larger groups.

“It’s all about optimism for the economy reopening,” said Megan Horneman, portfolio strategist at Verdence Capital Advisors. “That’s the big driver for the market today.”

Stock market source: https://www.marketwatch.com/story/dow-futures-climb-500-points-on-recovery-hopes-and-vaccine-news-2020-05-26

Stock market closing numbers on May 26, 2020

S&P 500: 2,991.77,+36.32(+1.23%)
Dow 30: 24,995.11,+529.95(+2.17%)
Nasdaq: 9,340.22,+15.63(+0.17%)
Russell 2000: 1,394.61,+39.07(+2.88%)

Source: Yahoo Finance

Stock movers

Moderna, Inc. (MRNA) stock fell more than 16% closing at 57.71-11.29 (-16.36%). Luckin Coffee Inc. (LK) stock gained more than 50%, with a stock price at close of 2.1300+0.7400 (+53.24%).

Stocks that were top gainers, top losers and most active:

Stock gainers

Emerald Holding Inc. (EEX): 2.77,+0.74 +36.45%
iMedia Brands Inc. (IMBI): 3.35, +0.87 +35.08%
arGEN-X SE ADR (ARGX): 212.12,+54.16 +34.29%

Stock losers

Hertz Global Holdings Inc. (HTZ): 0.56,-2.29 -80.46%
LATAM Airlines Group S.A. ADR (LTM): 1.68 -0.90 -34.88%
BioLine RX Ltd. ADR (BLRX): 1.65 -0.74 -30.96%

Most active stocks

Hertz Global Holdings Inc. (HTZ): 0.56 -2.29 -80.46%
General Electric Co. (GE): 6.80, +0.39 +6.08$
Bank of America Corp. (BAC): 24.28 +1.62 +7.15%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Financials were the best performing sector +5.04%, Health Care was the worst-performing sector -0.19%.

U.S. Sectors & Industries Performance for May 26, 2020
U.S. Sectors & Industries Performance for May 26, 2020

Source: Fidelity

Stock market update

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Stock market news for May 22, 2020

Stock market news

“The S&P 500 rose Friday and notched a big weekly gain as states around the country eased coronavirus restrictions, boosting hopes about an economic recovery.

Major indexes declined early in the day before reversing course or paring losses. The S&P 500 added 6.94 points, or 0.2%, to 2955.45. The Nasdaq Composite gained 39.71 points, or 0.4%, to 9324.59. The Dow Jones Industrial Average edged down 8.96 points, or less than 0.1% to 24465.”

Source: https://www.wsj.com/articles/global-stock-markets-dow-update-5-22-2020-11590119578

Stock market close on May 22, 2020

S&P 500: 2,955.45,+6.94(+0.24%)
Dow 30: 24,465.16,-8.96(-0.04%)
Nasdaq: 9,324.59,+39.71(+0.43%)
Russell 2000: 1,355.53,+7.97(+0.59%)

Source: Yahoo Finance

Stock movers

Hertz Global Holdings, Inc. (HTZ) stock was among stock movers closing at 2.8400-0.2300 (-7.49%). XpresSpa Group, Inc. (XSPA) stock gained more than 70% closing at 0.8800+0.3630 (+70.21%).

Stocks that were top gainers, top losers and most active:

Stock gainers

Renren Inc. ADR (RENN): 4.21,+1.16 +38.03%
Celsion Corp. (CLSN):3.03, +0.68 +28.94%
Xeris Pharmaceuticals Inc. (XERS): 5.80,+1.27 +28.04%

Stock losers

Recon Technology Ltd. (RCON):2.09, -1.61 -43.51%
Luckin Coffee Inc. ADR (LK): 1.39, -0.62 -30.85%
SeaChange International Inc. (SEAC): 1.77, -0.66 -27.16%

Most active stocks

Luckin Coffee Inc. ADR (LK): 1.39 -0.62 -30.85%
Ford Motor Co. (F): 5.65, +0.02 +0.36%
General Electric Co. (GE): 6.41, -0.07 -1.08%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Real Estate was the best performing sector +2.21%, Energy was the worst performing sector -0.67%.

U.S. Sectors & Industries Performance for May 22, 2020
U.S. Sectors & Industries Performance for May 22, 2020

Stock market update

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Stock market news for May 21, 2020

Stock market news

The US stock market fell on May 21, 2020 after another weak initial jobless claims report was released. “U.S. Stocks Lose Some Momentum, Fall Amid Weak Data.
After big gains earlier in the week, indexes drift lower as 2.4 million Americans filed for unemployment benefits. U.S. stocks slipped Thursday, paring gains from earlier in the week after data showed another wave of Americans applied for unemployment benefits because of the coronavirus pandemic.”

Source: https://www.wsj.com/articles/global-stock-markets-dow-update-5-21-2020-11590033584

Stock market close on May 21, 2020

S&P 500: 2,948.51,-23.10(-0.78%)
Dow 30: 24,474.12,-101.78(-0.41%)
Nasdaq: 9,284.88,-90.90(-0.97%)
Russell 2000: 1,350.66,+3.73(+0.28%)

Stock movers

Tilray, Inc. (TLRY) stock was among stock movers with a stock price of
9.65+1.60 (+19.88%). Other stocks that moved were Signature Aviation plc (BBAVF) with a stock price of 4.1000+1.5400 (+60.16%) and Federal National Mortgage Association (FNMFM) stock closing at 14.53+2.53 (+21.08%).

Stocks that were top gainers, top losers and most active:

Stock gainers

Surface Oncology Inc. (SURF):5.95,+ 2.07 +53.35%
Aurora Cannabis Inc. (ACB): 17.40,+4.65 +36.47%
LMP Automotive Holdings Inc. (LMPX) 9.54,+2.43 +34.18%

Stock losers

Luckin Coffee Inc. ADR (LK): 2.01, -0.81 -28.72%
ShiftPixy Inc. (PIXY): 5.36, -1.80 -25.14%
Entera Bio Ltd. (ENTX): 2.08, -0.62 -23.03%

Most active stocks

Luckin Coffee Inc. ADR (LK): 2.01, -0.81 -28.72%
Surface Oncology Inc. (SURF): 5.95,+ 2.07 53.35%
Norwegian Cruise Line Holdings Ltd. (NCLH): 14.03, 1.25 +9.78%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Industrials were the best performing sector +0.17%, Energy was the worst-performing sector -1.48%.

U.S. Sectors & Industries Performance for May 21, 2020
U.S. Sectors & Industries Performance for May 21, 2020

Source: https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/sectors_in_market.jhtml

Stock market update

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Stock market news for May 20, 2020

Stock market news

“Dow Jones Industrial Average rises 369 points
The 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 rise
Amazon 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 (+6.04%).

Stocks that were top gainers, top losers and most active:

Stock gainers

Cheetah Mobile Inc. ADR (CMCM): 3.05,+0.98 +47.34%
Surface Oncology Inc. (SURF): 3.88,+1.22 +45.86%
GigaMedia Ltd. (GIGM): 3.52,+ 1.03 +41.37%

Stock losers

Luckin Coffee Inc. ADR (LK): 2.82, -1.57 -35.76%
ShiftPixy Inc. (PIXY): 7.16,-2.53 -26.11%
Liberty Media Corp. Rt (LSXMR):6.15, -1.74 -22.05%

Most active stocks

Luckin Coffee Inc. ADR (LK): 2.82, -1.57 -35.76%
Nano Dimension Ltd. ADR (NNDM): 2.96, -0.44 -12.94%
Sorrento Therapeutics Inc. (SRNE):5.70, +0.28 +5.17%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Energy was the best performing sector +3.82%, Health Care was the worst-performing sector +0.12%.

U.S. Sectors & Industries Performance for May 20, 2020
U.S. Sectors & Industries Performance for May 20, 2020

Source: https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/sectors_in_market.jhtml

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

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Stock market news January 31 2020

Stock market news

Stocks tank, Dow dropped more than 600 points, all major US stock market indexes closed lower more than 1.5%. A strong sell-off amid fears of the coronavirus outbreak crisis.

How stock market closed on Friday, January 31, 2020-Financial and business news

  • S&P 500: 3,225.52,-58.14(-1.77%)
  • Dow 30: 28,256.03,-603.41(-2.09%)
  • Nasdaq: 9,150.94,-148.00(-1.59%)
  • Russell 2000: 1,614.06,-34.16(-2.07%)

Stocks biggest gainers

Navistar International Corporation (NAV) was among stocks biggest gainers closing at 36.62+12.55 (+52.14%).

NAV daily stock chart | stocks | stock market
NAV daily stock chart | stocks | stock market

Stocks biggest losers

World Wrestling Entertainment, Inc. (WWE) was among stocks biggest losers closing at 48.88-13.42 (-21.54%).

WWE daily stock chart | stocks | stock market
WWE daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Luckin Coffee Inc. (LK) was among most active stocks closing at
32.49-3.91 (-10.74%).

LK daily stock chart | stocks | stock market
LK daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Consumer Discretionary was the best performing sector +0.82%, Energy was the worst performing sector -3.18%.

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 9 2020

Stock market news January 9 2020

The US stock market closed higher on Thursday, January 9, 2020, for a second consecutive day. All major US stock market indexes closed higher with strong gains. This is the summary for US stock market at close on Thursday, January 9, 2020:

How stock market closed today, Financial and business news

  • S&P 500: 3,274.70,+21.65(+0.67%)
  • Dow 30: 28,956.90,+211.81(+0.74%)
  • Nasdaq: 9,203.43,+74.18(+0.81%)
  • Russell 2000: 1,664.99,+1.40(+0.08%)

Stocks biggest gainers

Luckin Coffee Inc. (LK) was among stocks biggest gainers closing at 44.37+4.91 (+12.44%).

LK daily stock chart | stock market | stocks

Stocks biggest losers

Acuity Brands, Inc. (AYI) was among stocks biggest losers closing at
123.42-19.70 (-13.76%).

AYI daily stock chart | stock market | stocks

Stock investing | Stock trading | Most active stocks

Snap Inc. (SNAP) was among most active stocks closing at 17.36+0.69 (+4.14%).

SNAP daily stock chart | stock market | stocks

U.S. Sectors & Industries Performance

Information Technology was the best performing sector +1.13%, Real Estate was the worst performing sector +0.06%.

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 8 2020

Stock market news January 8 2020

Stocks have surged while oil and gold have fallen following President Donald Trump’s response to Iran’s attack on two Iraqi bases housing US troops — more sanctions but no armed response.

Yahoo Finance

The US stock market closed higher on Wedenesday, January 8, 2020. All major US stock market indexes closed higher. This is the summary for US stock market at close on Wednesday, January 8, 2020:

How stock market closed today, Financial and business news

  • S&P 500: 3,253.05,+15.87(+0.49%)
  • Dow 30: 28,745.09+161.41(+0.56%)
  • Nasdaq: 9,129.24,+60.66(+0.67%)
  • Russell 2000: 1,663.59,+5.29(+0.32%)

Stocks biggest gainers

Luckin Coffee Inc. (LK) was among stocks biggest gainers closing at
39.46 +4.35 (+12.39%).

LK daily stock chart | stocks | stock market

Stocks biggest losers

EQT Corporation (EQT) was among stocks biggest losers closing at 9.13 -1.16 (-11.27%).

EQT daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Uber Technologies, Inc. (UBER) was among most active stocks closing at 33.93+1.12 (+3.41%).

UBER daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Information Technology was the best performing sector +1.03%, Energy was the worst performing sector -1.74%.

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.