October 16, 2019
Stock Market News October 15 2019
A strong rally for stocks as earnings season has begun. All 3 major US stock market indices closed higher, with tech stocks leading the gains. This is the summary for US stock market at close on Tuesday, October 15, 2019:
- S&P 500: 2,995.68,+29.53(+1.00%)
- Dow 30: 27,024.80,+237.44(+0.89%)
- Nasdaq: 8,148.71,+100.06(+1.24%)
- Russell 2000: 1,523.30,+17.87(+1.19%)
Stocks biggest gainers
Reata Pharmaceuticals, Inc. (RETA) was among stocks biggest winners closing at $157.92+$57.33 (+56.99%).
Stocks biggest losers
Wirecard AG (WCAGY) was among stocks biggest losers closing at $67.37-$9.83 (-12.73%).
Stock investing | Stock trading | Most active stocks
Pinterest, Inc. (PINS) was among the most active stocks closing at $25.57-$0.35 (-1.35%).
U.S. Sectors & Industries Performance
Health Care was the best performing sector +1.76%, Consumer Staples was the worst performing sector -0.40%.
Stock earnings calendar
Notable earnings today are Netflix, Inc. (NFLX), Ally Financial (ALLY), Bank of America (BAC), Bank of New York Mellon Corporation (BK), PNC Financial Services Group (PNC), U.S. Bancorp (USB), Abbott Laboratories (ABT), IBM (IBM), CSX Corporation (CSX). Earnings are a top important fundamental factor which moves stocks, be aware of increased volatility for stock trading, stock investing.
Stock market update
This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.