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Stock market news for June 17, 2020

Stock market news

The US stock market closed lower on June 17, 2020. Only Nasdaq closed higher. “Dow Jones Industrial Average falls 170 points
The Dow dipped by 170.37 points, or 0.7%, to close at 26,119.61. The S&P 500 slipped 0.4% to 3,113.49. The Nasdaq Composite advanced 0.2% to 9,910.53. Tech shares led the Nasdaq to its fourth straight day of gains.

Coronavirus concerns linger
Reuters reported that Beijing canceled several domestic flights to curb the spread of the coronavirus. The report came after news Tuesday that China’s capital city would shut down all its schools amid a resurgence in cases. In the U.S., more than 2.1 million cases have been confirmed, with states such as Arizona and Texas reporting spikes.

Amazon rises, reopening trade struggles
Amazon rose 1%, Netflix advanced 2.7% and Alphabet climbed 0.4%. The so-called reopening trade — featuring stocks such as airlines and retailers — struggled on Wednesday. United Airlines slid 2.4% while Nordstrom dropped 5.5%.”

Source: https://www.cnbc.com/2020/06/17/what-happened-to-the-stock-market-wednesday-nasdaq-posts-4-day-winning-streak.html

How the US stock market closed on June 17, 2020

S&P 500: 3,113.49,-11.25(-0.36%)
Dow 30: 26,119.61,-170.37(-0.65%)
Nasdaq: 9,910.53,+14.66(+0.15%)
Russell 2000: 1,426.53,-25.73(-1.77%)

Source: Yahoo Finance

Stock market news today

Important economic news today that may move the US stock market is the release of the weekly US continuing jobless claims, and initial jobless claims.

Stock market volatility

The CBOE Volatility Index (^VIX) closed marginally lower at 33.47-0.20 (-0.59%).

Stock movers

Carver Bancorp, Inc. (CARV) stock was a trending stock with a stock price of
8.39+5.98 (+248.13%).

Carver Bancorp, Inc. (CARV) stock chart
Carver Bancorp, Inc. (CARV) stock chart

Source: stockscharts.com

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

Stock gainers

Carver Bancorp Inc. (CARV): 8.39,+ 5.98 +248.13%
Cohen & Co. Inc. (COHN): 8.50,+ 4.39 +106.81%
Art’s Way Manufacturing Co. (ARTW): 3.99,+ 1.66 +71.24%

Stock losers

Chembio Diagnostics Inc. (CEMI): 3.89, -6.04 -60.83%
Urban One Inc. Cl A (UONE): 12.71, -14.48 -53.25%
NTN Buzztime Inc. (NTN): 2.39, -2.11 -46.89%

Most active stocks

Urban One Inc. Cl D (UONEK): 2.65, -0.09 -3.28%
General Electric Co. (GE): 7.24, -0.23 -3.08%
Genius Brands International Inc. (GNUS): 3.10, -0.75 -19.48%

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

Stock Market, U.S. Sectors & Industries Performance

Communication Services and Consumer Discretionary were the best performing sectors closing both +0.07% respectively, Energy was the worst performing sector closing lower, -3.28%.

Stock Market, U.S. Sectors & Industries Performance for June 17, 2020
Stock Market, U.S. Sectors & Industries Performance for June 17, 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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