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Stock market news March 23, 2020

US stock market news

The US stock market indexes closed lower on Monday, March 23, 2020. The market is waiting for news on the coronavirus aid bill. The Fed announced new measures to support the economy and improve the liquidity in the financial markets.

US stock market at the close, financial and business news

  • S&P 500: 2,237.40,-67.52(-2.93%)
  • Dow 30: 18,591.93,-582.07(-3.04%)
  • Nasdaq: 6,860.67,-18.85(-0.27%)
  • Russell 2000: 1,002.42,-11.47(-1.13%)

Stocks biggest gainers

Zoom Video Communications, Inc. (ZM) stock was among stock gainers with a stock price at close of 159.56+29.01 (+22.22%.)

ZOOM (ZM) stock daily chart
ZOOM (ZM) stock daily chart

Stocks biggest losers

Two Harbors Investment Corp. (TWO-PC) stock was among stock losers with a stock price at close of 7.75-6.26 (-44.68%).

Stock investing | Stock trading | Most active stocks

Bank of America Corporation (BAC) stock was among the most active stocks with a stock price at close of 18.08-1.59 (-8.08%).

Bank of America Corporation (BAC) stock daily chart
Bank of America Corporation (BAC) stock daily chart

U.S. Sectors & Industries Performance

Consumer Discretionary was the performing sector +0.35%, Energy was the worst-performing sector -6.65%.

US sectors & industries performance, March 23, 2020
US sectors & industries performance, March 23, 2020

Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Stock earnings

Notable earnings today include NIKE, Inc. (NKE).

Economic calendar

Important economic data for today are new home sales.

Stock market update

All data about the stock market, stocks, stock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

This report is written by Stavros Georgiadis, CFA, Equity Research Analyst, Investment Strategist.

Investing

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