Feb. 19, 2021
Good evening everyone! Welcome to a new episode of “Stocks Today”, explaining what forces moved the stocks in the U.S. equity market today (Friday, February 19, 2021).
For the fourth consecutive session, the S&P 500 closed negative today, down 0.19%. Slightly positive both the Dow Jones and the Nasdaq when the closing bells rang.
Why did the stock market move today?
Among today’s best performers were companies from the financial sector as well as cruise operators and airlines. This might suggest a growing hope for stocks that have been hurt the most during the pandemic and that would benefit from an economic recovery with a return to normality.
Stock of the day
Shares in Carnival Corp (NYSE: CCL) jumped 7.43% today, following hopes for an efficient vaccine distribution and speedy recovery.
That’s all for this Friday’s stock market update. Stay tuned to receive your daily update!