Jun 12, 2020 - Economy & Business

Stocks rise 2% after biggest sell-off since March

This is a classic photo of a stock market trader looking at a screen
Photo: Wang Ying/Xinhua via Getty Images

Stocks have clawed back a fraction of its Thursday losses, the worst day for the market since mid-March.

By the numbers: The S&P 500, Dow Jones Industrial Average and Nasdaq Composite opened more than 2% higher on Friday morning.

Why it matters: Volatility looks to be back (at least for now) after a persistent stock rally in recent weeks that was unfazed by the economic downturn caused by the pandemic.

  • The S&P 500 is still about 37% above the lowest point of the stock market slump earlier this year.
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