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13 May: Stock market news for May 12, 2020

Stock market news These are the latest stock market news for May 12, 2020. Dow fell more than 450 points. The Russell 2000 index underperformed falling more than 3%, with selling pressure on small-cap stocks. “U.S. Stocks Extend Fall as Dow Drops More Than 400 Points Dow and S&P 500 opened with gains but wobbled as the day progressed. U.S. stocks tumbled Tuesday, giving up modest gains in a selloff that picked up momentum in the afternoon. Major indexes had started the trading session higher. But as the day progressed, they turned lower, with traders saying the selling didn’t appear to be driven by any single, clear catalyst.” Source: https://www.wsj.com/articles/global-stock-markets-dow-update-05-12-2020-11589256689 How the US stock market closed on May 12, 2020 S&P 500: 2,870.12,-60.20(-2.05%)Dow 30: 23,764.78,-457.21(-1.89%)Nasdaq: 9,002.55,-189.79(-2.06%)Russell 2000: 1,275.54,-45.70(-3.46%) Stock movers “(Bloomberg) — Jerome Powell and his Federal Reserve colleagues are staring down the possibility of mass bankruptcies and long-lasting unemployment…