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08 Aug: Stock market news for August 7, 2020

The latest stock market news for August 7, 2020. A better than expected July jobs report, a focus on economic stimulus deal, and also on US-China tensions were the main themes for the stock market and investing. The Dow Jones and S&P 500 closed little changes, Nasdaq fell and small-cap stocks outperformed. Stock market at the close on August 7, 2020 S&P 500: 3,351.28,+2.12(+0.06%)Dow 30: 27,433.48,+46.50(+0.17%)Nasdaq: 11,010.98,-97.09(-0.87%)Russell 2000: 1,569.18,+24.56(+1.59%) Stock market news “The Department of Labor’s July jobs report was released at 8:30 a.m. ET Friday. Here were the main metrics in the report, compared to consensus estimates compiled by Bloomberg: Change in non-farm payrolls: +1.783 million vs. +1.48 million expected and +4.791 million in June Unemployment rate: 10.2% vs. 10.6% expected and 11.1% in June Average hourly earnings, month over month: +0.2% vs. -0.5% expected and -1.3% in June Average hourly earnings, year over year: +4.8% vs. +4.2% expected and +4.9% in June The change in total non-farm payrolls for June was revised down slightly by 9,000 to 4.791 million, while May’s payrolls were revised up by 26,000 to 2.725 million.” Stock market data: https://finance.yahoo.com/news/july-2020-jobs-report-labor-department-coronavirus-pandemic-unemployment-rate-191513556.html Stock market volatility The CBOE Volatility Index (VIX) closed lower at 22.21,-0.44(-1.94%). Stock movers Groupon, Inc. (GRPN) stock gained more than 50% with a stock price at the close of 25.77+9.32 (+56.66%). Stock gainers Conduent Inc. (CNDT): 4.13,+ 1.87 +82.74%Groupon Inc. (GRPN): 25.77,+ 9.32 +56.66%OpGen Inc. (OPGN): 3.37,+ 1.16 +52.49% Stock losers OLB Group Inc. (OLB): 5.80, -4.60 -44.23%Alteryx Inc. Cl A (AYX): 121.38, -47.62 -28.18%Everspin Technologies Inc. (MRAM): 6.35, -2.20 -25.73% Most active stocks OpGen Inc. (OPGN): 3.37, +1.16 +52.49%Conduent Inc. (CNDT): 4.13,+ 1.87 +82.74%General Electric Co. (GE): 6.40,+ 0.07 +1.11% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries Performance The Financials sector was the best performing sector +2.18%, the Information Technology sector was the worst-performing sector -1.56%. 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. Subscribe to our stock market newsletter, with stocks to buy, stocks to sell, investing. Daily stock market news.