stock market news

23 Sep: Stock market news for September 22, 2020

Stock market news “Stocks rose on Tuesday as the major averages attempted to bounce back from recent weakness. The S&P 500 and Nasdaq Composite were coming off four straight days of losses for the first time since February, while the Dow had posted three consecutive negative days. The Dow gained 140 points, or 0.51%, breaking a three-day losing streakMicrosoft had the most positive impact on the Dow, adding 32 points to the indexThe S&P 500 gained 1.05%, breaking a four-day losing streakThe S&P 500 closed 7.6% off its record highAmazon had the most positive impact on the SPY, adding 0.90 points to the ETFEight of 11 S&P sectors were positive in Tuesday’s session, led by consumer discretionary up 2.96%. Energy was the laggard, down 1.03%The Nasdaq Composite gained 1.71%, breaking a four-day losing streakThe Nasdaq Composite closed 9.2% below its record highAmazon had the most positive impact on the Nasdaq…

22 Sep: Stock market news for September 21, 2020

Stock market news “Stocks closed broadly lower on Wall Street Monday as markets tumbled worldwide on worries about the pandemic’s economic pain. The S&P 500 ended with its fourth-straight loss, though a last-hour rally helped trim its decline by more than half. Industrial, health care and financial stocks accounted for much of the selling. Technology stocks recovered from an early slide to notch a gain. The selling followed a slide in European stocks on the possibility of tougher restrictions to stem rising coronavirus counts. The losses were widespread, with almost all the stocks in the S&P 500 lower. The S&P 500 fell 38.41 points, or 1.2%, to 3,281.06. The Dow Jones Industrial Average dropped 509.72 points, or 1.8%, to 27,147.70, and the Nasdaq composite lost 14.48 points, or 0.1%, to 10,778.80. In another sign of the increased worry, the yield on the 10-year Treasury fell to 0.65% from 0.69% late…

02 Sep: Stock market news for September 1, 2020

Stock market news “Dow Jones Industrial Average rises 215 pointsThe Dow gained 215.61 points, or 0.8%, to close at 28,645.66. The S&P 500 climbed 0.8% to 3,526.65. The Nasdaq Composite advanced 1.4% to 11,939.67. Stocks kicked off a historically tough month on the right foot, building on the strong gains from August. The S&P 500 and the Nasdaq Composite both hit records again. Manufacturing data tops estimatesThe Institute for Supply Management said its manufacturing PMI came in at 56 for August, a 19-month high, as new orders hit their highest level since 2004. “As the economic recovery continues, I think you will see a broadening of the stocks participating in this rally,” said one strategist. Apple and Walmart jump, Tesla fallsApple closed 4% higher after a slew of analysts hiked their price target on the stock. Walmart jumped 6% after the retailer announced it will launch a membership program later…

01 Sep: Stock market news for August 31, 2020

Stock market news “Stocks were mixed on Monday as the S&P 500 and Dow Jones Industrial Average wrapped up their best August performances since the 1980s. The Dow slid 223.82 points, or 0.8%, to 28,430.05 and the S&P 500 dipped 0.2% to close at 3,500.31. The Nasdaq Composite outperformed with a 0.7% gain and ended the day at 11,775.46. Declines in bank stocks pressured both the Dow and S&P 500. JPMorgan Chase, Citigroup, Bank of America and Wells Fargo were all down more than 2%, following Treasury yields lower. Yields fell after Federal Reserve Vice Chairman Richard Clarida said rates won’t go up just because unemployment goes down. Meanwhile, the Nasdaq got a lift after two big stock splits took effect Monday. Apple shares gained 3.4% as a 4-for-1 split took effect. Tesla shares added 12.6% following its 5-for-1 split. The Dow rallied 7.6% this month for its biggest August…

29 Aug: Stock market news for August 28, 2020

Stock market news Nasdaq, S&P closed at new records. Dow Jones turned positive for 2020. Small-cap stocks outperformed. The closing numbers for the US stock market on August 28, 2020: S&P 500: 3,508.01,+23.46(+0.67%)Dow 30: 28,653.87,+161.60(+0.57%)Nasdaq: 11,695.63,+70.30(+0.60%)Russell 2000: 1,578.34,+13.78(+0.88%) Stock market data: Yahoo Finance Stock market volatility The CBOE Volatility Index (VIX) closed lower at 22.96-1.51 (-6.17%). Stock movers Dave & Buster’s Entertainment, Inc. (PLAY) was a stock mover closing at 17.54+2.47 (+16.39%). Stock gainers VivoPower International PLC (VVPR): 8.25,+ 3.37 +69.06%Edesa Biotech Inc. (EDSA): 8.15,+ 2.34 +40.28%FTS International Inc. (FTSI): 4.54,+ 1.24 +37.58% Stock losers PEDEVCO Corp. (PED): 1.52, -0.59 -27.96%Sun Biopharma Inc. (SNBP): 3.19, -0.94 -22.67%Plantronics Inc. (PLT): 12.74, -1.95 -13.27% Most active stocks NIO Inc. ADR (NIO): 18.50, -1.38 -6.94%Itau Unibanco Holding S/A ADR (ITUB): 4.48,+ 0.18 +4.19%Nutanix Inc. Cl A (NTNX): 28.03,+ 6.33 +29.17% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries Performance Energy was the…

28 Aug: Stock market news for August 27, 2020

Stock market news “Dow Jones Industrial Average rises 160 points The Dow gained 160.35 points, or 0.6%, to close at 28,492.27. The Dow also briefly erased its losses for 2020 at one point. The S&P 500 advanced 0.2% to 3,484.55. The Nasdaq Composite fell 0.3% to 11,625.34. Stocks gyrated throughout Thursday’s session after the Federal Reserve unveiled a new framework that could keep interest rates lower for a longer period of time.  ‘Average inflation targeting’ Fed Chairman Jerome Powell said the central bank formally agreed to a policy of “average inflation targeting.” In other words, the central bank will let inflation run “moderately” above its 2% goal for “some time.” Powell also hinted that unemployment data can stay lower for longer before the Fed starts thinking about raising rates. This led to a decline in short-term yields and gains along the long end of the yield curve. Banks jump, tech lags JPMorgan Chase advanced 3% and Citigroup rose 1.7%. Wells Fargo and Bank of…

27 Aug: Stock market today August 27, 2020

Stock market today A mixed close for the US stock market today. Dow Jones today reversed 2020 losses, closed higher 160 points. Tech stocks underperformed, Nasdaq fell about 40 points. Stock market today at the close S&P 500: 3,484.55,+5.82(+0.17%)Dow 30: 28,492.27,+160.35(+0.57%)Nasdaq: 11,625.34,-39.72(-0.34%)Russell 2000: 1,564.57,+4.37(+0.28%) Commodities At 4:20 PM, ET time today both the crude oil price and gold price were lower. Crude Oil: 42.98,-0.41(-0.94%)Gold: 1,937.20,-15.30(-0.78%) Bonds The 10-yr bond yield closed higher at 0.7460+0.0590 (+8.59%). Stock movers today XPeng Inc. (XPEV) stock on its trading debut today closed at 21.22+6.22 (+41.47%). Stock market data: Yahoo Finance

27 Aug: Stock market news for August 26, 2020

Stock market news Latest stock market news, investing news for August 26, 2020. “The S&P 500 and Nasdaq Composite rose to fresh record highs on Wednesday, building on their massive rallies off the March lows, as tech shares led the way higher. The broader market index advanced 1% to 3,478.73 while the Nasdaq popped 1.7% to end the day at 11,665.06. The Dow Jones Industrial Average gained 83.48 points, or 0.3% to end at 28,331.92. “When you’re coming off a major low, the first phase of the bull market is really strong, and you tend to get very extended,” said Keith Lerner, chief market strategist at Truist/SunTrust Advisory. Lerner noted, however, that this “tends to be a period where historically you would start to consolidate some of the gains.” Shares of Salesforce surged 26% — their biggest one-day gain ever — after the software company posted blowout earnings after the…

25 Aug: Stock Market Dow Jones changes on August 31, 2020

Dow Jones Industrial Average News “The Dow Jones Industrial Average announced a major shakeup on Monday after the market closed — it booted Pfizer, Raytheon Technologies and ExxonMobil, the oldest member of the index, having joined in 1928. What happened: Salesforce, Amgen and Honeywell will replace those companies to “help diversify the index … and adding new types of businesses that better reflect the American economy,” S&P Dow Jones Indices said in a note announcing the changes. The new companies join the Dow on Aug. 31.GE, the last original member of the Dow, was removed two years agoDriving the news: The changes seem more reflective of a desire for better-performing stocks than more accurate representation of a changing U.S. economy — the Dow will actually have a lower percentage of tech after the additions. Because the Dow is a stock-price-weighed index, Apple’s four-to-one stock split would have reduced the Dow’s…

25 Aug: Stock market news for August 24, 2020

Stock market news Latest stock market news. Dow Jones closed above the 28,000 level up more than 370 points. Tech stocks underperformed, Nasdaq gained more than 60 points. The indices set new records. How the US stock market closed on August 24, 2020 S&P 500: 3,431.28,+34.12(+1.00%)Dow 30: 28,308.46,+378.13(+1.35%)Nasdaq: 11,379.72,+67.92(+0.60%)Russell 2000: 1,566.00,+13.53(+0.87%) Stock market data: Yahoo Finance Stock market volatility The CBOE Volatility Index (VIX) closed little changed at 22.37-0.17 (-0.75%). Stock movers Tortoise Acquisition Corp. (SHLL) stock was a mover closing at 40.00+10.09 (+33.73%). Stock gainers Cancer Genetics Inc. (CGIX): 6.25,+ 3.35 +115.52%Sonnet BioTherapeutics Holdings Inc. (SONN): 3.90,+ 1.27 +48.29%Tortoise Acquisition Corp. Cl A (SHLL): 40.00,+ 10.09 +33.73% Stock losers Odonate Therapeutics Inc. (ODT): 18.33, -15.21 -45.35%FTS International Inc. (FTSI): 3.15, -1.81 -36.49%Hexindai Inc. ADR (HX): 1.91, -0.67 -25.97% Most active stocks Cancer Genetics Inc. (CGIX): 6.25,+ 3.35 +115.52%General Electric Co. (GE): 6.63,+ 0.32 +5.07%American Airlines Group Inc. (AAL): 13.44,+ 1.28 +10.53%…