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Stock market update March 26, 2020

Stock market today

Stocks today rally despite the fact of a very negative number for weekly US jobless claims. “U.S. jobless claims skyrocket to 3.283 million.

The COVID-19 pandemic is wreaking havoc on the U.S. economy, and data released Thursday morning reflected the severe damage being done to the labor market.

The number of Americans filing for unemployment benefits skyrocketed to a record-breaking 3.283 million for the week ended March 21. Consensus expectations were for 1.64 million claims. The previous record was 695,000 claims filed the week ended October 2, 1982. Initial jobless claims for the week ended March 14 was revised higher to 282,000 from 281,000 and was the largest single-week increase since the Great Recession.”


Stock market news live

At 12:6 PM, Thursday, March 26, 2020, Eastern Time (ET) all major stock indexes are up more than 4%. Dow today is up more than 1,100 points.

S&P 500: 2,595.52,+119.96(+4.85%)
Dow 30:,22,332.74,+1,132.19(+5.34%)
Nasdaq: 7,671.30,+287.00(+3.89%)
Russell 2000: 1,163.30,+52.93(+4.77%)

Stock market data: Yahoo Finance

Has the stock market discounted the negative figures about the weekly US jobless claims? It is a possibility or another short squeeze for stocks may be underway.

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Stock market today, March 25 2020

Stock market today

A mixed trading session for the US stock market today. Dow and S&P 500 ended the day with gains, but Nasdaq fell. A rally for the Dow Jones and S&P 500 gave up some gains at the close. But still, with the exception of Nasdaq, it is the second consecutive day with gains for major stock indexes. At close this is the latest update for the US stock market today:

S&P 500: 2,475.56,+28.23(+1.15%)
Dow 30: 21,200.55,+495.64(+2.39%)
Nasdaq: 7,384.29,-33.56(-0.45%)
Russell 2000: 1,112.31,+15.75(+1.44%)

Stocks today

Shares of Nike and Boeing had gains today. NIKE, Inc. (NKE) stock price is 79.04+6.71 (+9.28%). The Boeing Company (BA) stock price is 158.64+30.96 (+24.25%).


10-Yr Bond yield: 0.8580,+0.0420(+5.15%)
Vix index: 63.90,+2.23(+3.62%)

Stock movers

T2 Biosystems, Inc. (TTOO) stock closed at 0.6395+0.2497 (+64.0585%).

T2 Biosystems, Inc. (TTOO) stock daily chart
T2 Biosystems, Inc. (TTOO) stock daily chart

T2 Biosystems, Inc. (TTOO) stock news

“T2 Biosystems Inc (NASDAQ: TTOO) said it has entered into a worldwide licensing agreement for a rapid COVID-19 test developed by Center of Discovery and Innovation at Hackensack Meridian Health.

Under the agreement, T2 Biosystems will adapt the test to run on its T2Dx Instrument, the same instrument used for the FDA-cleared T2Bacteria and T2Candida Panels.

Separately, the company preannounced a revenue shortfall for the first quarter, blaming the predicament on the COVID-19 pandemic, which has disrupted its commercial operations. The company also suspended its guidance for 2020.”


Stock market data: Yahoo Finance, Stockscharts

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