CJJD

02 Jun: Stock market news for June 1, 2020

Stock market news June 1, 2020 “Dow Jones Industrial Average rises 91 pointsThe Dow gained 91.91 points, or 0.36%, to close at 25,475.02. The S&P 500 advanced 0.38% to 3,055.73. The Nasdaq Composite climbed 0.66% to 9,552.05. Stocks closed higher to start the new month amid mounting bets on a successful economic reopening. Wall Street starts June on positive note, but risks remainThe market picked up right where it left off, building on the strong gains from April and May. “Equity markets continue to display remarkable resilience in the face of a constant barrage of troubling developments, with investors continuing to focus on the positive signs of reopening,” says one analyst. However, investors still face several risks, including that of a second wave of coronavirus and protests across the U.S., both of which can derail the recent optimism about the economic recovery.” Stock market source: https://www.cnbc.com/2020/06/01/what-happened-to-the-stock-market-monday-stocks-rise-to-start-june.html How the US stock…

29 May: Stock market news for May 28, 2020

Stock market news May 28, 2020 “Rally evaporates in final hour, Dow down 150, social media stocks drop.Stocks started the day higher in what looked like would be another session of strength, but a sell-off late in the day sent the major averages into negative territory and they closed in the red. The move lower was sparked by President Donald Trump announcing that he will hold a press conference on China on Friday as geopolitical tensions rise, prompting some investors to fear that the U.S.-China trade deal may face hurdles.” Stock market source: https://www.cnbc.com/2020/05/28/stock-market-today-live.html Stock market closing numbers on May 28, 2020 S&P 500: 3,029.73,-6.40(-0.21%)Dow 30: 25,400.64,-147.63(-0.58%)Nasdaq: 9,368.99,-43.37(-0.46%)Russell 2000: 1,402.02,-34.34(-2.39%) Stock movers Norwegian Cruise Line Holdings Ltd. (NCLH) stock fell more than 9%, with a stock price at the close of 16.00-1.59 (-9.04%). Stocks that were top gainers, top losers and most active: Stock gainers ARCA biopharma Inc. (ABIO):19.21, + 15.26…