HomeStock marketStock market news today June 8, 2020

Stock market news today June 8, 2020

Latest stock market news today

https://www.thestockmarketontheinternet.com/category/stock-market/These are the latest stock market news for today, June 8, 2020. The US stock market today is expected to open higher as stock futures are rising as of 8:05 AM, ET time.

  • “European markets are mostly lower despite a strong day in Asia.Most European stock indexes dipped on Monday despite a moderately strong day in Asia and a booming Friday on Wall Street.” Source: https://www.nytimes.com/2020/06/08/business/stock-market-today-coronavirus.html
  • “Dow futures jump 200 points as comeback continues, airlines gain on reopening optimism. U.S. stock futures were higher early Monday, building on the previous week’s sharp gains on optimism over the economy reopening. Dow Jones Industrial Average futures rose 216 points, or 0.8%. The move implied an opening gain of about 200 points. S&P 500 futures jumped 0.5%. Nasdaq-100 futures were up 0.1%. Stocks tied to the reopening of the economy led the gains once again in premarket trading. Airlines, retailers and cruise lines were higher.” Source: https://www.cnbc.com/2020/06/07/stock-market-futures-open-to-close-news.html
  • “U.S. Futures Advance; Treasuries Drop With Dollar: Markets Wrap. U.S. equity futures advanced, while Treasuries slipped with the dollar as investors decided the global rally in risk assets has more to run. Futures pointed to gains at the open, which would put the S&P 500 on the cusp of wiping out losses for 2020. Oil producers and cruise lines including Occidental Petroleum Corp. and Carnival Plc jumped in the U.S. premarket. The dollar headed for its eighth session of declines in what would be the longest losing streak since 2011.” Source:https://www.bloomberg.com/news/articles/2020-06-07/asian-stocks-look-set-for-gains-dollar-mixed-markets-wrap

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