April 10, 2020
US stock market news
“Stocks rallied to their best weekly gain in more than four decades on Thursday after the Federal Reserve unexpectedly unleashed a new multi-trillion-dollar stimulus plan to support businesses during the coronavirus pandemic.
The S&P 500’s 1.5% rise Thursday brought its weekly gains to 12.1%, or its best one-week gain since 1974, as the Financials and Real Estate sectors outperformed. U.S. equity markets will be closed Friday in observance of Good Friday.
The Nasdaq posted a 10.6% weekly gain for its best since 2008. The Dow’s 2,666.84-point gain since last Friday marked its best weekly rise in point terms ever, and its 12.7% weekly advance was its best on a percentage basis in two weeks.
Investors also eyed the Department of Labor’s initial jobless claims report, which showed a greater than expected 6.606 million new individuals filed for unemployment insurance last week.”
US stock market at the close on April 9, 2020
S&P 500: 2,789.82,+39.84(+1.45%)
Dow 30: 23,719.37,+285.80(+1.22%)
Russell 2000: 1,246.73,+55.06(+4.62%)
Man Wah Holdings Limited (MAWHF) stock was among stock gainers with a stock price of 0.6050+0.1540 (+34.15%).
Malayan Banking Berhad (MLYBY) stock was among stock losers with a stock price of 3.1900-0.5370 (-14.41%).
Stock investing | Stock trading | Most active stocks
American Airlines Group Inc. (AAL) stock was among the most active stocks with a stock price of 12.51+1.18 (+10.41%).
Stock Market, U.S. Sectors & Industries Performance
Financials were the best performing sector +5.19%, Energy was the worst- performing sector -1.08%.
Investing Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml