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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…