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Stock market news April 9, 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.”

Source: https://finance.yahoo.com/news/stock-market-news-live-updates-april-9-2020-221426994.html

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%)
Nasdaq: 8,153.58,+62.67(+0.77%)
Russell 2000: 1,246.73,+55.06(+4.62%)

Stocks gainers

Man Wah Holdings Limited (MAWHF) stock was among stock gainers with a stock price of 0.6050+0.1540 (+34.15%).

Stocks losers

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%).

American Airlines Group Inc. (AAL) stock  daily chart
American Airlines Group Inc. (AAL) stock daily chart

Stock Market, U.S. Sectors & Industries Performance

Financials were the best performing sector +5.19%, Energy was the worst- performing sector -1.08%.

Stock Market, U.S. Sectors & Industries Performance, April 9, 2020
Stock Market, U.S. Sectors & Industries Performance, April 9, 2020

Investing Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Stock market update

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

Investing

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