Stock market update Stock market data as of 2:00 PM EST Time, February 7, 2020: S&P 500: 3,328.92,-16.86(-0.50%) Dow 30: 29,116.33,-263.44(-0.90%) Nasdaq: 9,523.46,-48.70(-0.51%) Russell 2000: 1,661.48, -15.97(-0.95%) Stock market live A strong jobs data is not enough today to send the US stock market higher, all majot stock market indexes have losses as of 2:00 PM EST time. Why is the stock market down today It could be profit taking after the last record highs. Among most active stocks is Uber Technologies, Inc. (UBER), trading at 40.15+3.06 (+8.25%).
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Stock market and finance news Latest stock market news, business and finance news today, February 7,2020: Stock market live updates: Dow down 200, coronavirus names fall, Uber best day ever Opinion: Excessive optimism in the stock market suggests there are more declines ahead Stocks Slump After Torrid Run; Treasuries Rally: Markets Wrap China’s Tariff Cut on $75B in U.S. Imports A Stock Market Tailwind After monetary stimulus last month, China just announced major February tariff cuts in a big improvement to the stock market outlook for 2020. Source: CCN.com “The U.S. labor market went from strength-to-strength in January, beginning 2020 by adding 225,000 jobs — but the unemployment rate ticked up to 3.6% (still a 50-year low) as more workers entered the labor pool, which drove up the participation rate to 63.4%. The blowout number was far above Wall Street’s consensus, and was presaged by Wednesday’s ADP private payrolls report. Stock futures remain in the red, but pare some losses on the news, as coronavirus fears continue to weigh.”, Source: Yahoo Finance