All three indexes ended the week at a loss, with the Dow erasing 3.3 percent and the S&P 500 down 2.9 percent. Unilever joins Patagonia, The North Face and others in boycotting Facebook over its handling of hate speech online. ADADDow component Nike saw shares tumble 7 percent after the sportswear and shoe giant reported a surprisingly big earnings loss. “June’s stock markets have been dominated by the coronavirus,” said Howard Silverblatt of S&P Dow Jones Indices. “If the circumstances warrant, we will not hesitate to take additional policy actions to support the U.S. economy and banking system,” Quarles said.

Source: Washington Post June 26, 2020 15:22 UTC