![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Among large-cap stocks, GameStop Corp. Cl A plunged by 30.09%, followed by Coinbase Global Inc. with a 9.48% decline. Vertiv Holdings LLC dropped by 6.96%, while Corebridge Financial Inc. soared by 7.76% and Walmart Inc. gained 6.97%. In commodities, Brent crude oil futures edged up by 0.07%, while gold futures dipped by 0.51% and Bitcoin eased by 0.09% to $65,107. Meanwhile, Asian stock indexes rose, while European indexes declined.
Market Plunge Impacts High-Value Companies
New York, NY - The stock market witnessed a significant downturn on Thursday, with several prominent companies experiencing substantial losses. Among the largest market value decliners were GameStop Corp. Cl A (GME), which nosedived by a staggering 30.09%, and Coinbase Global Inc. (COIN), whose shares plummeted by 9.48%. Vertiv Holdings LLC (VRT) also suffered losses, with its share value dropping by 6.96%.
Leading the Gainers
In contrast to the decliners, Corebridge Financial Inc. (CRBG) emerged as the top gainer, posting a remarkable rise of 7.76%. Walmart Inc. (WMT) also performed well, climbing by a respectable 6.97%. Chubb Ltd. (CB) rounded out the top three leaders, with its shares gaining 4.71%.
Commodities and Yields
In the commodities market, Brent crude oil futures exhibited a modest increase of 0.07%, while gold futures declined by 0.51%. Bitcoin, the leading cryptocurrency, experienced a slight dip of 0.09%, settling at $65,107.
The 10-Year Treasury yield climbed to 4.383%, indicating a rise in investor concerns about inflation and potential interest rate hikes.
International Market Performance
Stock markets in Asia closed with gains, with Japan's NIKKEI 225 Index rising by 1.39% and China's Shanghai Composite Index inching up by 0.08%. However, European markets experienced declines, with the STOXX Europe 600 Index falling by 0.21% and the FTSE 100 Index dropping by 0.08%.
U.S. Market Closing
U.S. stock markets concluded trading at 4 p.m. ET. Barron's provides regular updates on the trading day to keep investors informed about market fluctuations.
Note: This news article was automatically generated using data from Dow Jones and FactSet, employing technology provided by Automated Insights.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Top 10 Most Expensive Modern Horizons 3 MTG Cards (As of June 15, 2024)
- Jun 16, 2024 at 11:01 am
- Modern Horizons 3 has been making waves in various formats, from Sealed and Draft to Constructed. Those who care about opening packs for value will al
-
- Sports Illustrated Launches NFT Ticketing Platform SI Tickets Built on Polygon Network
- Jun 16, 2024 at 11:00 am
- U.S. sports publication Sports Illustrated is launching a non-fungible token (NFT) ticketing platform built on the Polygon network. The ticketing mark
-
- Free Ethereum Name Service Airdrops - Easy Claiming Guide
- Jun 16, 2024 at 10:59 am
- Learn how to claim free Ethereum Name Service $ENS airdrops using DappRadar and discover expert tactics to maximize your token claims. Stay updated on
-
- Trump's Desire to Mine All Bitcoin in the U.S. Will Drive a Reimagined Grid
- Jun 16, 2024 at 10:59 am
- Former President Trump has made several overtures to the crypto sector during the 2024 Presidential race, including accepting crypto contributions and
-
- Bitcoin Continues to Make Headlines. Recently, Pablo Ardoino, CEO of Tether, Called Bitcoin the “Only True Decentralized Currency,” Praising Its Uniqueness and Undethronable Status
- Jun 16, 2024 at 10:57 am
- Tether CEO Pablo Ardoino has boldly proclaimed Bitcoin as the “only true decentralized currency,” highlighting its unique characteristics that set it
-
- BlockDAG X1 App Miner Presale Hits $50.4M Milestone as the App Surges, Eclipsing VeChain & Hedera
- Jun 16, 2024 at 10:57 am
- BlockDAG Surges Past $50M in Presale as X1 App Spearheads User-Centric Mining BlockDAG, a decentralised blockchain network known for its energy-effici
-
- BlockDAG's X1 Miner App Beta Launch Skyrockets Popularity, Surpassing Contenders Pyth and Ondo
- Jun 16, 2024 at 10:53 am
- BlockDAG is experiencing a meteoric rise in popularity following the release of the X1 Miner App, which has seen its coin price skyrocket by 1120% fro
-
- RiverDogs End Losing Streak with Dramatic 2-1 Win
- Jun 16, 2024 at 10:46 am
- CHARLESTON, SC – The Charleston RiverDogs ended a four-game losing skid with a dramatic 2-1 victory over the Down East Wood Ducks on Saturday night at
-
- Ethereum (ETH) Investors Lose Confidence as Price Drops Below $3,500
- Jun 16, 2024 at 10:39 am
- Ethereum’s (ETH) price has failed to impress investors, dropping from nearly $4,000 to below $3,500. This has prompted many holders to shift their ETH