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Stock market news for June 26, 2020

Stock market news

Latest stock market news for June 26, 2020. Dow Jones Industrial Average fell 730 points. News about a recent surge in coronavirus cases in some states caused a selloff for the US stock market. Bank stocks fell after the Federal Reserve released its annual stress test results and decided to cap dividends and freeze stock buybacks for the big banks.

Stock market close on June 26, 2020

S&P 500: 3,009.05,-74.71(-2.42%)
Dow 30: 25,015.55,-730.05(-2.84%)
Nasdaq: 9,757.22,-259.78(-2.59%)
Russell 2000: 1,378.78,-34.53(-2.44%)

Stock market volatility

The CBOE Volatility Index (VIX) closed higher at 34.73+2.51 (+7.79%).

Stock movers

The Gap, Inc. (GPS) stock was a stock mover and closed higher more than 18%, with a stock price of 12.07+1.91 (+18.80%).

The Gap, Inc. (GPS) stock chart
The Gap, Inc. (GPS) stock chart

Source: Stockscharts

Stock gainers

Concrete Pumping Holdings Inc. (BBCP): 5.48,+1.83 +50.14
Tortoise Acquisition Corp. Cl A (SHLL): 24.57,+ 7.17 +41.21%
Sphere 3D Corp. (ANY): 3.10 +0.73 +30.80%

Stock losers

Luckin Coffee Inc. ADR (LK): 1.38, -1.62 -54.00%
Ideanomics Inc. (IDEX): 1.46, -0.98 -40.16%
Soliton Inc. (SOLY): 7.56, -4.29 -36.20%

Most active stocks

Vaxart Inc. (VXRT): 8.04,+ 1.78 +28.43%
Ideanomics Inc. (IDEX): 1.46, -0.98 -40.16%
PG&E Corp. (PCG): 9.13, -0.60 -6.17%

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

Stock Market, U.S. Sectors & Industries Performance

All sectors closed lower due to the stock market selloff. The Utilities sector had the best performance -1.22%, while the Communications Services sector had the worst performance -4.49%.

U.S. Sectors & Industries Performance for June 26, 2020
U.S. Sectors & Industries Performance for June 26, 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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