LK

27 Jun: Stock market news for June 26, 2020

Stock market news Latest stock market news for June 26, 2020. Dow Jones Industrial Average fell 730 points. News about a recent surge in coronavirus cases in some states caused a selloff for the US stock market. Bank stocks fell after the Federal Reserve released its annual stress test results and decided to cap dividends and freeze stock buybacks for the big banks. Stock market close on June 26, 2020 S&P 500: 3,009.05,-74.71(-2.42%)Dow 30: 25,015.55,-730.05(-2.84%)Nasdaq: 9,757.22,-259.78(-2.59%)Russell 2000: 1,378.78,-34.53(-2.44%) Stock market volatility The CBOE Volatility Index (VIX) closed higher at 34.73+2.51 (+7.79%). Stock movers The Gap, Inc. (GPS) stock was a stock mover and closed higher more than 18%, with a stock price of 12.07+1.91 (+18.80%). Source: Stockscharts Stock gainers Concrete Pumping Holdings Inc. (BBCP): 5.48,+1.83 +50.14Tortoise Acquisition Corp. Cl A (SHLL): 24.57,+ 7.17 +41.21%Sphere 3D Corp. (ANY): 3.10 +0.73 +30.80% Stock losers Luckin Coffee Inc. ADR (LK): 1.38, -1.62 -54.00%Ideanomics…

06 Jun: Stock market news for June 5, 2020

Stock market news A rally for the US stock market, stocks rose on good news about the jobs report. The latest stock market news for June 5, 2020: “Dow Jones Industrial Average rallies 829 pointsThe Dow rallied 829.16 points, or 3.15%, to close at 27,110.68. The S&P 500 jumped 2.62% to 3,193.93. The Nasdaq Composite surged 2.06% to hit a record high and close at 9,814.08. A record surge in U.S. jobs sent stocks flying as traders cheered the prospects of the economy reopening. A record 2.5 million jobs addedU.S. employers added a shocking 2.5 million jobs last month — the largest gain on record — while the unemployment rate slid to 13.3%, the Labor Department said Friday. Economists polled by Dow Jones expected a drop of more than 8 million jobs and the unemployment rate to nearly reach 20%, which would have been the highest since the 1930s. “…

05 Jun: Stock market news for June 4, 2020

Stock market news A mixed close for the US stock market on June 4, 2020. At the close on June 4, 2020 the number for the major stock indices were as follows: S&P 500: 3,112.35,-10.52(-0.34%)Dow 30: 26,281.82,+11.93(+0.05%)Nasdaq: 9,615.81,-67.10(-0.69%)Russell 2000: 1,452.06,-0.03(-0.00%) Stock movers American Airlines Group Inc. (AAL) stock gained more than 40% on news, having a stock price at the close of 16.74+4.89 (+41.25%). Source: Stockscharts Stocks that were top gainers, top losers and most active: Stock gainers Kezar Life Sciences Inc. (KZR): 7.75,+ 3.28 +73.38%ZoomInfo Technologies Inc. Cl A (ZI): 34.00, +13.00 +61.90%Luckin Coffee Inc. ADR (LK): 4.05,+1.47 +56.98% Stock losers FSD Pharma Inc. (HUGE): 5.25, -2.14 -28.96%Smartsheet Inc. (SMAR): 45.50 ,-13.58 -22.99%Cassava Sciences Inc. (SAVA): 2.66, -0.76 -22.22% Most active stocks American Airlines Group Inc. (AAL): 16.72,+ 4.87 +41.10%Luckin Coffee Inc. ADR (LK): 4.05,+ 1.47 +56.98%Genius Brands International Inc. (GNUS): 6.86, -1.07 -13.49% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S….

29 May: Stock market news for May 28, 2020

Stock market news May 28, 2020 “Rally evaporates in final hour, Dow down 150, social media stocks drop.Stocks started the day higher in what looked like would be another session of strength, but a sell-off late in the day sent the major averages into negative territory and they closed in the red. The move lower was sparked by President Donald Trump announcing that he will hold a press conference on China on Friday as geopolitical tensions rise, prompting some investors to fear that the U.S.-China trade deal may face hurdles.” Stock market source: https://www.cnbc.com/2020/05/28/stock-market-today-live.html Stock market closing numbers on May 28, 2020 S&P 500: 3,029.73,-6.40(-0.21%)Dow 30: 25,400.64,-147.63(-0.58%)Nasdaq: 9,368.99,-43.37(-0.46%)Russell 2000: 1,402.02,-34.34(-2.39%) Stock movers Norwegian Cruise Line Holdings Ltd. (NCLH) stock fell more than 9%, with a stock price at the close of 16.00-1.59 (-9.04%). Stocks that were top gainers, top losers and most active: Stock gainers ARCA biopharma Inc. (ABIO):19.21, + 15.26…

28 May: 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…

27 May: 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…

23 May: 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):…

22 May: 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….

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…