S&P turns negative in volatile trade


Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 11, 2020. REUTERS/Brendan McDermid

(Reuters) – The S&P 500 slipped into negative territory in volatile trading on Friday, as it flirted with a key long-term technical indicator, a day after a punishing session for Wall Street on fears of a resurgence in coronavirus infections and economic worries.

At 1:48 p.m. ET, the Dow Jones Industrial Average was down 3.79 points, or 0.02%, at 25,124.38, the S&P 500 was down 9.69 points, or 0.32%, at 2,992.41. The Nasdaq Composite was down 46.24 points, or 0.49%, at 9,446.49.

Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta

Products You May Like

Articles You May Like

Supreme Court ruling expands US gun rights
Why the world needs to do more to protect its oceans
UK PM: I will not undergo psychological transformation
Japanese man loses USB stick with entire city’s personal details
Glastonbury: Mel C says The Spice Girls ‘have chatted’ about playing festival

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.