US Stock Market News October 30 2019

Stock Market News October 30 2019

U.S. Fed cuts interest rates, signals it is on hold. The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world, but signaled there would be no further reductions unless the economy takes a turn for the worse.
“We believe that monetary policy is in a good place,” Fed Chair Jerome Powell said in a news conference after the U.S. central bank announced its decision to cut its key overnight lending rate by a quarter of a percentage point to a target range of between 1.50% and 1.75%.
“We took this step to help keep the economy strong in the face of global developments and to provide some insurance against ongoing risks,” he said. “We see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy remains broadly consistent with our outlook.”

Source: Yahoo Finance

US stock market closed marginally lower after the third consecutive rate cut by the Fed. This is the summary for US stock market at close on Wednesday October 30, 2019:

  • S&P 500: 3,046.77,+9.88(+0.33%)
  • Dow 30: 27,186.69,+115.29(+0.43%)
  • Nasdaq: 8,303.98, +27.13(+0.33%)
  • Russell 2000: 1,572.85,-4.22(-0.27%)

Stocks biggest gainers

PG&E Corporation (PCG) was among stocks biggest gainers closing at $6.14+$1.11 (+22.07%).

PCG daily stock chart

Stocks biggest losers

Enphase Energy, Inc. (ENPH) was among stocks biggest losers closing at $18.76-$6.43 (-25.53%).

ENPH daily stock chart

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among most active stocks closing at $10.11+$1.04 (+11.47%).

GE daily stock chart

U.S. Sectors & Industries Performance

Utilities was the best performing sector + 0.87%, Energy was the worst performing sector -2.12%.

Stock earnings calendar

Notable earnings today are Kraft Heinz (KHC), Pinterest (PINS, Sprint (S), Estée Lauder (EL), Bristol-Myers Squibb (BMY), Wayfair (W), Clorox (CLX), Allergan (AGN), Altria (MO).

Stock market update

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

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.



US Stock Market News October 28 2019

Stock Market News October 28 2019

The US stock market closed at record highs. All major indices closed higher on Monday, October 28, 2019. This is the summary for US stock market at close on Monday October 28, 2019:

  • S&P 500: 3,039.42,+16.87(+0.56%)
  • Dow 30: 27,090.72,+132.66(+0.49%)
  • Nasdaq: 8,325.99,+82.87(+1.01%)
  • Russell 2000: 1,571.93,+13.22(+0.85%)

Stocks biggest gainers

Tiffany & Co. (TIF) was among stocks biggest gainers closing at $129.72+$31.17 (+31.63%).

TIF daily stock chart

Stocks biggest losers

PG&E Corporation (PCG) was among stocks biggest losers closing at
$3.8000-$1.2000 (-24.00%).

PCG daily stock chart

Stock investing | Stock trading | Most active stocks

AT&T Inc. (T) was among most active stocks closing at $38.49+$1.58 (+4.28%).

T daily stock chart

U.S. Sectors & Industries Performance

Information Technology was the best performing sector +1.26%, Utilities was the worst performing sector -1.31%.

Stock earnings calendar

Notable earnings today are Baidu (BIDU), Merck (MRK), Pfizer (PFE), ConocoPhillips (COP), General Motors (GM), Shopify (SHOP), Incyte (INCY), Kellogg (K), Mattel (MAT), Mondelez (MDLZ), Amgen (AMGN), Electronic Arts (EA), FireEye (FEYE), Advanced Micro Devices (AMD).

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.

US Stock Market News October 25 2019

Stock Market News October 25 2019

US stock market closed higher on Friday October 25, 2019.

Stocks rallied and Treasury yields jumped higher after reports that the U.S. and China made progress in trade discussions, edging closer to finalizing portions of a “phase one deal.”

Source: https://www.wsj.com/articles/european-stocks-drift-down-as-big-businesses-report-earnings-11571994459

This is the summary for US stock market at close on Fiday, October 25, 2019:

  • S&P 500: 3,022.55,+12.26(+0.41%)
  • Dow 30: 26,958.06,+152.53(+0.57%)
  • Nasdaq: 8,243.12,+57.32(+0.70%)
  • Russell 2000: 1,558.71,+8.53(+0.55%)

Stocks biggest gainers

Vipshop Holdings Limited (VIPS) was among stocks biggest gainers closing at $11.47 +$1.43 (+14.24%).

VIPS daily stock chart

Stocks biggest losers

PG&E Corporation (PCG) was among stocks biggest losers closing at $5.0000-$2.2000 (-30.56%).

PCG daily stock chart

Stock investing | Stock trading | Most active stocks

Intel Corporation (INTC) was among the most active stocks closing at $56.46+$4.23 (+8.10%).

INTC daily stock chart

U.S. Sectors & Industries Performance

Information Technology was the best performing sector +1.2%, Real Estate was the worst performing sector -1.31%

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.

US Stock Market News October 10 2019

Stock Market News October 10 2019

A second consecutive day with gains for the US stock market. This is the summary for US stock market at close on Thursday, October 10, 2019:

  • S&P 500: 2,938.13,+18.73(+0.64%)
  • Dow 30: 26,496.67,+150.67(+0.57%)
  • Nasdaq: 7,950.78,+47.04(+0.60%)
  • Russell 2000: 1,485.36,+5.90(+0.40%)

Stocks biggest gainers

Ra Pharmaceuticals, Inc. (RARX) was among stocks biggest winners closing at $45.64+$22.94 (+101.10%).

RARX daily stock chart

Stocks biggest losers

PG&E Corporation (PCG) was among stocks biggest losers closing at $7.79-$3.19 (-29.05%).

PCG daily stock chart

Stock investing – Most active stocks

Freeport-McMoRan Inc. (FCX) was among the most active stocks closing at $8.96+$0.41 (+4.80%).

FCX daily stock chart

U.S. Sectors & Industries Performance

Energy was the best performing sector +1.28%, Utilities was the worst performing sector -0.12%.

Stock market update

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

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.


Stock market report August 19 2019

US stock market report August 19 2019

The first trading session of the week August 19- August 23 2019 started with strong gains for the US stock market. Buying interest for stocks sent all 3 major stock market indices closing higher. This is the summary for US stock market at close on Monday August 19 2019:

  • S&P 500: 2,923.65,+34.97(+1.21%)
  • Dow 30: 26,135.79,+249.78(+0.96%)
  • Nasdaq: 8,002.81,+106.82(+1.35%)
  • Russell 2000: 1,508.85,+15.21(+1.02%)
  • 10-Yr Bond: 1.5980,+0.0590(+3.83%)
  • Vix: 16.88,-1.59(-8.61%)

Stocks gainers

China Dili Group (RNHEF) was the stock with largest gains closing at $0.3117+$0.0657 (+26.69%).

Stocks losers

PG&E Corporation (PCG) was the stock with largest losses closing at $10.67-$3.61 (-25.28%).

PCG daily stock chart

Stock investing – Most active stocks

Chesapeake Energy Corporation (CHK) was among the most active stocks closing at $1.6000+$0.2100 (+15.11%).

CHK daily stock chart

U.S. Sectors & Industries Performance

Energy was the best performing sector +2.14%, Utilities was the worst performing sector +0.69%, Source: Fidelity

Stock market news

Stock market data

All data about stocks stock investing is taken from Yahoo finance and stockcharts.com.

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.


Stock market report June 20 2019

US stock market report June 20 2019

US stock market closed higher on Thursday, June 20, 2019 as all 3 major US stock market indices had significant gains.This is the summary for US stock market at close on Thursday, June 20, 2019:

  • S&P 500:2,954.18,+27.72(+0.95%)
  • Dow 30:26,753.17,+249.17(+0.94%)
  • Nasdaq:8,051.34,+64.02(+0.80%)
  • Russell 2000:1,563.49,+7.92(+0.51%)
  • 10-Yr Bond: 2.0010,-0.0280(-1.38%)
  • Vix:14.75,+0.42(+2.93%)

Stocks gainers

PG&E Corporation (PCG) was the stock with largest gains closing at $23.57+$3.04 (+14.81%).

Stocks losers

Carnival plc (CUK) was the stock with largest losses closing at $47.23-$4.45 (-8.61%).

Stock investing – Most active stocks

General Electric Company (GE) was among the most active stocks closing at $10.63+$0.29 (+2.80%).

GE daily stock chart

Stock market data

All data about stocks stock investing is taken from Yahoo finance and stockcharts.com.

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