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16 Jun: Stock market news for June 15, 2020

Stock market news “Stocks rebound as markets swing on coronavirus fears. Stocks clawed back gains Monday, erasing early losses after the Federal Reserve signaled it would further support financial markets in the wake of the coronavirus pandemic, boosting investor confidence. The Dow Jones industrial average climbed 157.62 points to close at 25,763.16, cutting declines after tumbling more than 700 points shortly after the opening bell. A rise in virus cases in the U.S. and China had briefly dampened investors’ optimism for a global economic recovery. Stocks, however, added to gains after the Federal Reserve said Monday it would buy individual corporate bonds, a sign the central bank will further support credit markets during the pandemic. The Fed said earlier this year it would buy corporate bond exchange traded funds. A rise in shares of big technology companies helped offset declines in industries that were battered by the pandemic including airlines,…

12 Jun: Stock market news for June 11, 2020

Stock market news “Dow plummets 1,862 points, its worst day since March, on cautionary Fed messages and 2nd-wave coronavirus fear. US stocks tanked on Thursday as cautious commentary from the Federal Reserve and rising coronavirus infection rates prompted investor concern.All three major indexes posted their biggest single-day declines since March 16. The Federal Reserve said on Wednesday that the pandemic could result in permanent economic damage and an extended period of high unemployment.” Source: https://markets.businessinsider.com/news/stocks/stock-market-news-today-indexes-plunge-fed-economy-warning-covid19-2020-6-1029302113 How the US stock market closed on June 11, 2020 S&P 500: 3,002.59,-187.55(-5.88%)Dow 30: 25,128.17,-1,861.82(-6.90%)Nasdaq: 9,492.43,-527.91(-5.27%)Russell 2000: 1,364.58,-102.81(-7.01%) Stock market volatility The CBOE Volatility Index (^VIX) jumped more than 45%, with a figure of 40.79+13.22 (+47.95%), at close: June 11 4:14PM EDT Stock movers Sasol Limited (SSL) stock was among stock losers falling more than 17%, with a stock price at the close of 7.06-1.53 (-17.81%). Source: Stockscharts Stocks that were top gainers, top losers and…