Stock Market News November 1 2019
The US stock market closed higher the first trading session of November 2019 as a strong jobs report inspired optimism. S&P 500 and Nasdaq closed at record highs.
U.S. stocks jumped Friday and the S&P 500 and Nasdaq closed at record highs after the October jobs report came in well above consensus expectations.Source: Yahoo Finance
The S&P 500 ended at 3,066.91, a record close, and just 0.04 points below the all-time intraday high it also reached during Friday’s session. The Nasdaq posted a record closing high of 8,386.4. And the Dow ended just 0.04% below its recent closing high from mid-July.
This is the summary for US stock market at close on Friday November 1, 2019:
- S&P 500: 3,066.91,+29.35(+0.97%)
- Dow 30: 27,347.36,+301.13(+1.11%)
- Nasdaq: 8,386.40,+94.04(+1.13%)
- Russell 2000: 1,589.33,+26.88(+1.72%)
Stocks biggest gainers
BeiGene, Ltd. (BGNE) was among stocks biggest gainers closing at $189.56+$51.22 (+37.02%).
Stocks biggest losers
Arista Networks, Inc. (ANET) was among stocks biggest losers closing at $185.30-$59.27 (-24.23%).
Stock investing | Stock trading | Most active stocks
Pinterest, Inc. (PINS) was among most active stocks closing at $20.86-$4.28 (-17.02%).
U.S. Sectors & Industries Performance
Energy was the best performing sector +2.51%, Real Estate was the worst performing sector -0.28%.
Stock market update
This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.