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Stock market today update for June 11, 2020

Stock market today

At 12:39 PM, ET time the US stock market is declining with losses for all major stock indices. The latest stock market update is as follows:

What is the stock market doing today?

S&P 500: 3,059.71,-130.43(-4.09%)
Dow 30: 25,640.40,-1,349.59(-5.00%)
Nasdaq: 9,690.74,-329.61(-3.29%)
Russell 2000: 1,377.74,-89.65(-6.11%)

Stock market data: Yahoo Finance

Why is the stock market dropping today?

“Dow plunges 1,200 points after Fed decision, jobless claims.U.S. stocks swooned Thursday as coronavirus cases continued to rise and investors digested Wednesday’s downbeat economic outlook from the Federal Reserve.”

Stock market source: https://www.marketwatch.com/story/dow-futures-tumble-550-points-as-stock-market-investors-watch-rising-cases-of-coronavirus-fed-offers-grim-outlook-of-us-economy-2020-06-11?siteid=yhoof2&yptr=yahoo

Stocks today

Stocks that move today are:

Groupon, Inc. (GRPN)stock falling more than 20%, with a stock price of 20.46-7.34 (-26.40%).
As of 12:44PM EDT. Market open.

Wah Fu Education Group Limited (WAFU) stock is up more than 250%, with a stock price of 8.28+6.03 (+268.00%).
As of 12:48PM EDT. Market open.

Airline stocks and cruise stocks are under selling pressure today.

Stock market

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