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Friday, June 26, 2020

Here's what happened to the stock market on Friday - CNBC

unitedstatepolitics.blogspot.com

Dow Jones Industrial Average drops 730 points

Texas, Florida roll back some reopening measures

Banks fall, reopening trade slide

Bank shares were under pressure after the Federal Reserve released its annual stress test results. Goldman Sachs dropped 8.65% and JPMorgan Chase fell 5.48%. Wells Fargo closed 7.42% lower. Shares of United and American Airlines — which stand to benefit from the economy reopening — closed lower by 5.19% and 6.00%, respectively.

What happens next?

Pending home sales numbers are set for release Monday at 10 a.m.

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"Market" - Google News
June 27, 2020 at 03:28AM
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Here's what happened to the stock market on Friday - CNBC
"Market" - Google News
https://ift.tt/2Yge9gs
https://ift.tt/2Wls1p6

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