Stock market news
“Dow plummets 1,862 points, its worst day since March, on cautionary Fed messages and 2nd-wave coronavirus fear.
US stocks tanked on Thursday as cautious commentary from the Federal Reserve and rising coronavirus infection rates prompted investor concern.
All three major indexes posted their biggest single-day declines since March 16.
The Federal Reserve said on Wednesday that the pandemic could result in permanent economic damage and an extended period of high unemployment.”
How the US stock market closed on June 11, 2020
S&P 500: 3,002.59,-187.55(-5.88%)
Dow 30: 25,128.17,-1,861.82(-6.90%)
Russell 2000: 1,364.58,-102.81(-7.01%)
Stock market volatility
The CBOE Volatility Index (^VIX) jumped more than 45%, with a figure of 40.79+13.22 (+47.95%), at close: June 11 4:14PM EDT
Sasol Limited (SSL) stock was among stock losers falling more than 17%, with a stock price at the close of 7.06-1.53 (-17.81%).
Stocks that were top gainers, top losers and most active:
Wah Fu Education Group Ltd. (WAFU): 7.15,+ 4.93 +222.07%
Wins Finance Holdings Inc. (WINS):50.00,+ 29.69 + 146.18%
Celldex Therapeutics Inc. (CLDX): 8.76,+ 3.96 +82.40%
Jiayin Group Inc. ADR (JFIN): 3.90, -1.90 -32.76%
Liberty TripAdvisor Holdings Inc. Series B (LTRPB): 43.92, -19.08 -30.29%
Immuron Ltd. ADR (IMRN): 6.90, -2.98 -30.16%
Most active stocks
Genius Brands International Inc. (GNUS): 3.45, -1.06 -23.50%
Bank of America Corp. (BAC): 23.93, -2.67 -10.04%
NIO Inc. ADR (NIO) : 5.91, -0.39 -6.19%
Stock market source: https://www.wsj.com/market-data/stocks
Stock Market, U.S. Sectors & Industries Performance
All sectors closed lower as a result of the stock market selloff. Consumer Staples was the best performing sector -3.81%, Energy was the worst-performing sector -9.45%.
Stock market update
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