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Stock market news for June 1, 2020

Stock market news June 1, 2020

“Dow Jones Industrial Average rises 91 points
The Dow gained 91.91 points, or 0.36%, to close at 25,475.02. The S&P 500 advanced 0.38% to 3,055.73. The Nasdaq Composite climbed 0.66% to 9,552.05. Stocks closed higher to start the new month amid mounting bets on a successful economic reopening.

Wall Street starts June on positive note, but risks remain
The market picked up right where it left off, building on the strong gains from April and May. “Equity markets continue to display remarkable resilience in the face of a constant barrage of troubling developments, with investors continuing to focus on the positive signs of reopening,” says one analyst. However, investors still face several risks, including that of a second wave of coronavirus and protests across the U.S., both of which can derail the recent optimism about the economic recovery.”

Stock market source: https://www.cnbc.com/2020/06/01/what-happened-to-the-stock-market-monday-stocks-rise-to-start-june.html

How the US stock market closed on June 1, 2020

S&P 500: 3,055.73,+11.42(+0.38%)
Dow 30: 25,475.02,+91.91(+0.36%)
Nasdaq: 9,552.05,+62.18(+0.66%)
Russell 2000: 1,412.66,+18.63(+1.34%)

Stock movers

Coty Inc. (COTY) stock rose more than 20%, with a stock price at the close of
4.3900+0.7600 (+20.94%). Norwegian Cruise Line Holdings Ltd. (NCLH) stock rose more than 10%, closing at 17.28+1.62 (+10.34%).

Norwegian Cruise Line Holdings Ltd. (NCLH) stock daily chart

Norwegian Cruise Line Holdings Ltd. (NCLH) stock daily chart
Norwegian Cruise Line Holdings Ltd. (NCLH) stock daily chart

Stock gainers

Allied Esports Entertainment Inc. (AESE): 3.96,+ 1.51 +61.63%
VirTra Inc. (VTSI): 3.40,+ 1.13 +49.78%
Amyris Inc. (AMRS): 5.35, +1.62 +43.43%

Stock losers

Iterum Therapeutics PLC (ITRM): 1.70, -2.51 -59.62%
China Jo-Jo Drugstores Inc. (CJJD): 1.36, -1.21, -47.08%
ARCA biopharma Inc. (ABIO): 9.20, -3.40 -26.98%

Most active stocks

General Electric Co. (GE): 6.76,+ 0.19, +2.89%
Allied Esports Entertainment Inc. (AESE): 3.96, +1.51, +61.63%
Pfizer Inc. (PFE): 35.46, -2.73 -7.15%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Real Estate was the best performing sector +2.10%, Health Care was the worst-performing sector -1.01%.

U.S. Sectors & Industries Performance for June 1, 2020
U.S. Sectors & Industries Performance for June 1, 2020

Source: Fidelity

Stock market update

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

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