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

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