MTSI

30 Jan: Stock market news January 29 2020

Stock market news The US stock market closed little changed, as all three major stock market indexes were flat. The Federal Reserve left its benchmark interest rate unchanged Wednesday and reaffirmed its make-no-moves posture while it gauges how rate cuts last year cushioned the U.S. economy against a spell of weaker global growth. Source: https://www.wsj.com/articles/fed-likely-to-hold-interest-rates-steady-11580293802 How stock market closed on Wednesday, January 29, 2020-Financial and business news S&P 500: 3,273.40,-2.84(-0.09%) Dow 30: 28,734.45,+11.60(+0.04%) Nasdaq: 9,275.16,+5.48(+0.06%) Russell 2000: 1,649.22,-9.09(-0.55%) Stocks biggest gainers MACOM Technology Solutions Holdings, Inc. (MTSI) was among stocks biggest gainers closing at 30.72+4.45 (+16.94%). Stocks biggest losers Silicon Laboratories Inc. (SLAB) was among stocks biggest losers closing at 102.76-15.74 (-13.28%). Stock investing | Stock trading | Most active stocks General Electric Company (GE) was among most active stocks closing at 12.94+1.21 (+10.32%). U.S. Sectors & Industries Performance Industrials was the best performing sector +0.55%, Energy was the worst performing sector -1.07%. Stock earnings Notable earnings today include Biogen (BIIB), Coca-Cola (KO), Eli Lilly (LLY), Hersey (HSY), Raytheon (RTN), UPS (UPS), Valero (VLO), Verizon (VZ) before market open; Amazon (AMZN), Electronic Arts (EA), Western Digital (WDC), Visa (V), Vertex (VRTX), U.S. Steel (X) after market close. Stock market update All data about stocks , stock investing, stock trading is taken from Yahoo Finance, Fidelity and stockcharts.com. This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.