Stock market news for June 16, 2020

Stock market news

“U.S. equities rose on Tuesday, helped by a bevy of bullish news, including a historic jump in retail sales and positive data from a study in a coronavirus treatment. Stocks were also helped by reports that the Trump administration is preparing a $1 trillion infrastructure bill.”

Source: https://www.cnbc.com/2020/06/16/stock-market-live-today.html

How the US stock market closed on June 16, 2020

S&P 500: 3,124.74,+58.15(+1.90%)
Dow 30: 26,289.98,+526.82(+2.04%)
Nasdaq: 9,895.87,+169.84(+1.75%)
Russell 2000: 1,452.26,+32.65(+2.30%)

Stock market volatility

The CBOE Volatility Index (^VIX) closed at 33.67, -2.12% lower compared to tis previous close at 34.40 on Kune 15, 2020.

Stock movers

iQIYI, Inc. (IQ) stock was a trending stock, with a stock price of 24.10+4.95 (+25.85%) at close: June 16 4:00PM EDT.

iQIYI, Inc. (IQ) stock chart
iQIYI, Inc. (IQ) stock

Source: Stockscharts

Stocks that were top gainers, top losers and most active:

Stock gainers

Urban One Inc. Cl A (UONE): 27.19,+ 20.65 +315.75%
Mid-Con Energy Partners L.P. (MCEP): 5.55,+ 2.69 +94.06%
Beasley Broadcast Group Inc. Cl A (BBGI): 3.75,+ 1.59 +73.61%

Stock losers

Wins Finance Holdings Inc. (WINS): 26.45, -6.88 -20.64%
Chesapeake Energy Corp. (CHK): 15.36, -3.51 -18.60%
AVEO Pharmaceuticals Inc. (AVEO): 6.25, -1.42 -18.51%

Most active stocks

NIO Inc. ADR (NIO): 6.99,+ 0.16 +2.34%
American Airlines Group Inc. (AAL): 17.03,+ 0.33 +1.98%
Ford Motor Co. (F): 6.55 +0.05 +0.77%

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

Stock Market, U.S. Sectors & Industries Performance

Energy was the best performing sector +2.82%, Utilities were the worst-performing sector +0.46%.

U.S. Sectors & Industries Performance for June 16, 2020
U.S. Sectors & Industries Performance for June 16, 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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