MTC

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. “ Source: https://www.cnbc.com/2020/06/05/what-happened-to-the-stock-market-friday-record-jobs-report-sends-stocks-surging.html Stock movers Occidental Petroleum Corporation (OXY) stock was among stock movers with a stock price at the close of 20.79+5.24 (+33.70%). Source: Stockscharts Stocks that were top gainers, top losers and most active: Stock gainers Chesapeake Energy Corp. (CHK): 24.80,+ 10.75 +76.51%Nabors Industries Ltd. (NBR): 65.62,+ 22.19 +51.09%MMTec Inc. (MTC) : 4.49,+ 1.45 +47.70% Stock losers Cinedigm Corp. Cl A (CIDM): 2.74,-0.89 -24.52%Liquidia Technologies Inc. (LQDA): 7.56,-1.90 -20.08%Provention Bio Inc. (PRVB): 12.19, -2.60 -17.5% Most active stocks American Airlines Group Inc. (AAL): 18.59,+ 1.87 +11.18%Luckin Coffee Inc. ADR (LK): 5.51,+ 1.46 +36.05%Ford Motor Co. (F): 7.34,+ 0.77 +11.72% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries Performance Energy was the best performing sector +7.46%, Utilities were the worst-performing sector +1.36%. Source: Fidelity Stock market update All data about the stock market, stocks, stock investing, stock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com. Investing Check this link for stock trading.

03 Jun: Stock market news for June 2, 2020

Stock market news June 2 , 2020 “U.S. Stocks Close Higher Despite Social UnrestInvestors weigh the pace of economic recovery, U.S.-China tensions, coronavirus and social unrest. U.S. stocks rose Tuesday even as investors weighed the prospects of a protracted economic recovery following the coronavirus lockdowns, outbreaks of violence across American cities and tensions with China. The Dow Jones Industrial Average climbed 267.63 points, or 1.1%, to 25742.65, led by Home Depot, American Express and Goldman Sachs. The S&P 500 rose 25.09 points, or 0.8%, to 3080.82, and the Nasdaq Composite added 56.33 points, or 0.6%, to 9608.37. The technology-heavy gauge is only 2.1% below its February high.” Source: https://www.wsj.com/articles/global-stock-markets-dow-update-6-02-2020-11591072455?mod=markets_lead_pos2 Stock market closing numbers on June 2, 2020 S&P 500: 3,080.82,+25.09(+0.82%)Dow 30: 25,742.65,+267.63(+1.05%)Nasdaq:9,608.38,+56.33(+0.59%)Russell 2000: 1,417.90,+12.53(+0.89%) Stock movers Genius Brands International, Inc. (GNUS) stock rose more than 50%, with a stock price at the close of 4.0200+1.4000 (+53.44%). Source: Stockscharts Stocks that were top gainers, top losers and most active: Stock gainers Precigen Inc. (PGEN): 3.96,+ 1.80 +83.33%Genius Brands International Inc. (GNUS): 4.02,+ 1.40 +53.44%MMTec Inc. (MTC): 2.85,+ 0.70 +32.56% Stock losers Cemtrex Inc. (CETX): 1.80, -0.78 -30.23%Aduro Biotech Inc. (ADRO): 2.57, -0.80 -23.74%Lovesac Co. (LOVE): 17.28, -3.43 -16.56% Most active stocks Genius Brands International Inc. (GNUS): 4.02,+ 1.40 +53.44%General Electric Co. (GE): 7.05,+ 0.29 +4.29%NIO Inc. ADR (NIO):4.70,+ 0.44 +10.33% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries Performance Energy was the best performing sector +2,65%, Consumer Staples were the worst-performing sector +0.20%. Source: Fidelity Stock market update All data about the stock market, stocks, stock investing, stock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com. Investing Check this link for stock trading.