Stock market news for February 10 2020
Another day with strong gains for the US stock market.
Feb 10 (Reuters) – U.S. stocks rose and the Nasdaq hit a record high on Monday, as a recent set of strong domestic economic data and largely upbeat fourth-quarter earnings tempered worries about the impact of the coronavirus outbreak on global growth. Of the 324 S&P 500 companies that have reported quarterly results so far, about 71% have beaten earnings estimates, which is above the long-term average of 65%, according to IBES data from Refinitiv.Stock market source: https://finance.yahoo.com/news/us-stocks-wall-street-higher-170540815.html
How stock market, US stocks closed on Monday, February 10, 2020-Financial and business news
- S&P 500: 3,352.09,+24.38(+0.73%)
- Dow 30: 29,276.82,+174.31(+0.60%)
- Nasdaq: 9,628.39,+107.88(+1.13%)
- Russell 2000: 1,667.67,+10.89(+0.66%)
Stocks biggest gainers
Taubman Centers, Inc. (TCO) was among stocks biggest gainers closing at
Stocks biggest losers
Alector, Inc. (ALEC) was among stocks biggest losers closing at
Stock investing | Stock trading | Most active stocks
Slack Technologies, Inc. (WORK) was among most active stocks closing at 26.54+3.55 (+15.44%).
U.S. Sectors & Industries Performance
Information Technology was the best performing sector +1.35%, Energy was the worst performing sector -0.81%.
Stock earnings today
Notable stock earnings today include Under Armour Inc (UAA), Goodyear Tire & Rubber Co (GT), Hasbro Inc (HAS), LYFT Inc (LYFT), Travelzoo (TZOO).
Stock market update
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.