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%.”
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%)
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%).
Carver Bancorp, Inc. (CARV) stock was a trending stock with a stock price of
Stocks that were top gainers, top losers and most active.
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%
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%.