February 20, 2020
Stock market news
Another stock market rally, all major US stock market indexes closed higher with demand for tech stocks as Nasdaq had the biggest gains among other stock market indices.
How stock market, US stocks closed on Wednesday, February 19, 2020-Financial and business news
- S&P 500: 3,386.15,+15.86(+0.47%)
- Dow 30: 29,348.03,+115.84(+0.40%)
- Nasdaq: 9,817.18,+84.44(+0.87%)
- Russell 2000: 1,692.57,+9.05(+0.54%)
Stocks biggest gainers
Enphase Energy, Inc. (ENPH) was among stocks biggest gainers closing at
Stocks biggest losers
Scientific Games Corporation (SGMS) was among stocks biggest losers
closing at 24.09-5.30 (-18.02%).
Stock investing | Stock trading | Most active stocks
Virgin Galactic Holdings, Inc. (SPCE) was among most active stocks closing at 37.35+7.05 (+23.27%).
U.S. Sectors & Industries Performance
Energy was the best performing sector +1.32%, Real Estate was the worst performing sector -1.36%.
Economic data for today which may move the stock market, stocks.
“The Philadelphia Fed will release its February business activity outlook survey Thursday morning at 8:30 a.m. ET. Consensus economists expect the report will show manufacturing activity weakened slightly in the region in February versus January, with the headline index dropping to 11.0 from 17.0. February’s print had marked the highest level since May 2019.”, source: Yahoo Finance
Notable earnings today include Norwegian Cruise Lines (NCLH), Southern Co (SO), Universal Display Corp (OLED), Newmont Corporation (NEM).
Stock market update
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.