Stock market news for US stock market, March 5, 2020
After the rally a selloff for the US stock market. Increased volatility is persistent for US stocks now. News that California delcared state of emergency due to coronavirus sent major US stock market indices down more than 3%.
How stock market, US stocks closed on Thursday, March 5, 2020-Financial and business news
- S&P 500:3,023.94,-106.18(-3.39%)
- Dow 30:26,121.28,-969.58(-3.58%)
- Russell 2000:1,478.82,-52.37(-3.42%)
Stocks biggest gainers
Vipshop Holdings Limited (VIPS) was among stocks biggest gainers closing at 16.66+3.54 (+26.98%).
Stocks biggest losers
Sabre Corporation (SABR) was among stocks biggest losers closing at 10.74-2.36 (-18.02%).
Stock investing | Stock trading | Most active stocks
General Electric Company (GE) was among most active stocks closing at
U.S. Sectors & Industries Performance
All sectors closed lower, as there was selling pressure for stocks. Utilities was the best performing sector -1.63%, Industrials was the worst performing sector -4.96%.
Important economic and financial news for today are the US February jobs report, non-farm payrolls and unemployment rate.
Stock market update
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.