Stock market news for June 29, 2020

Latest stock market news for June 29, 2020. The US stock market closed higher ignoring the fears about the second wave of coronavirus outbreak. Dow Jones gained more than 580 points, S&P 500 rose more than 40 points.

Stock market close on June 29, 2020

S&P 500: 3,053.26,+44.21(+1.47%)
Dow 30: 25,595.80,+580.25(+2.32%)
Nasdaq: 9,874.15,+116.93(+1.20%)
Russell 2000: 1,411.35,+32.57(+2.36%)

Stock market volatility

The CBOE Volatility Index (VIX) closed at 31.78-2.95 (-8.49%).

Economic news

US Pending Home Sales for the month of May 2020 came in at 44.3% beating the estimate of 18.9%. The previous figure was -21.8%.

Stock movers

Boeing was a stock mover with its stock closing at 194.49,+24.48 (+14.40%). News that certification test flights for grounded 737 MAX airplanes started sent BA stock higher.

BA stock chart
BA stock chart

Source: Stockscharts

Stock market news, stocks that moved on June 29, 2020.

Stock gainers

Puhui Wealth Investment Management Co. Ltd. (PHCF): 8.08,+ 2.68 +49.63%
Workhorse Group Inc. (WKHS): 14.51 +4.61 +46.57%
Landcadia Holdings II Inc. Cl A (LCA): 14.40,+ 4.31 +42.72%

Stock losers

Cleveland BioLabs Inc. (CBLI): 2.45, -1.81 -42.49%
Intercept Pharmaceuticals Inc. (ICPT): 46.70, -30.79 -39.73%
Concrete Pumping Holdings Inc. (BBCP): 3.66, -1.82 -33.21%

Most active stocks

Workhorse Group Inc. (WKHS): 14.51,+ 4.61 +46.57%
American Airlines Group Inc. (AAL): 13.32,+ 0.94 +7.59%
Boeing Co. (BA): 194.49, +24.48 +14.40%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

All sectors closed higher. The Industrials sector had the best performance +3.19%, while the Health Care sector had the worst performance +0.85%.

U.S. Sectors & Industries Performance for June 29, 2020
U.S. Sectors & Industries Performance for June 29, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

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US Stock Market News December 6 2019

Stock market today

Stock market news, December 6, 2019.A rally for US stocks as a better than expected jobs report increased the demand for buying stocks. This is the summary for US stock market at close on Friday, December 6, 2019:

  • S&P 500: 3,145.91,+28.48(+0.91%)
  • Dow 30: 28,015.06,+337.27(+1.22%)
  • Nasdaq: 8,656.53,+85.83(+1.00%)
  • Russell 2000: 1,633.84,+19.00(+1.18%)

Stocks today

Stocks, stocks news, stock market for today, stocks today.

Stocks biggest gainers

National Beverage Corp. (FIZZ) was among stocks biggest gainers closing at 54.06+5.82 (+12.06%).

FIZZ daily stock chart | stocks | stock market

Stocks biggest losers

Intercept Pharmaceuticals, Inc. (ICPT) was among stocks biggest losers closing at 107.48-12.30 (-10.27%).

ICPT daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Bank of America Corporation (BAC) was among most active stocks closing at 33.67+0.58 (+1.75%).

BAC daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Energy was the best performing sector +2.0%, Utilities was the worst performing sector -0.22%.

Stock market update

All data about stocks , stock investingstock trading is taken from Yahoo Finance, Fidelity and stockcharts.com.

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.