U.S. stocks posted another big gain Thursday, despite a depressing unemployment report, as investors expected the House of Representatives to pass the $2 trillion coronavirus stimulus bill after the Senate did the same.
• The Dow Jones Industrial Average US:DJIA soared 1,352 points (or 6.4%) to close at 22,552.17. That made for three straight sessions of increases, for a gain of 21.3% since the Dow closed at 18,591.93 on Monday. So there’s a new bull market for the Dow, with a run of more than 20%. Then again, the Dow is down 23.7% from its record closing high Feb. 12. (All prices in this article exclude dividends.)
• The S&P 500 Index US:SPX was up 6.2% on Thursday, also rising for a third straight day. The benchmark was up 17.6% from Monday’s close, but down 22.3% from its closing high Feb. 19.
• The Nasdaq Composite Index US:COMP was up 5.6% on Thursday, also rising for a third straight day, bringing the total gain to 13.7% since the close Monday. The Nasdaq was down 20.6% from its closing high Feb. 19.
I like to work on 10 minutes to gather facts about the market change.
My homework:
I like to work on 10 minutes to gather facts about the market change.
My homework:
1,352 (or 6.4%) to close at 22,552.17, 21.33% since the Dow closed at 18,591.93 on Monday
Dow is down 23.7% from its record closing high Feb. 12
US:SPX
S&P 500 index
up 6.2% on Thursday, also rising for a third straight day. The SPX was up 17.6% from Monday's close
SPX is down 22.3% from its closing high Feb. 19.
US:COMP
Nasdaq Composite index
up 5.6% on Thursday, rising for a third straight day, 13.7% since the close Monday.
US:COM was down 20.6% from its closing high Feb. 19
In my words, last three days from Monday to Thursday, March 24 to March 26
SPX up 17.6%
DJIA up 21.33%
COMP up 13.7%
Right now, it is still down from high Feb. 19
SPX down 22.3%
DJIA down 23.7%
COMP down 20.6%
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