The S&P 500 closed at 7,409.43 on June 11 after a 155-point intraday swing, recovering from an early low of 7,257.33 to finish near the session peak. Volume reached 2.4 billion shares as the index posted its widest single-day amplitude in recent sessions.
The S&P 500 rallied 1.7% from its open to close at 7,409.43, erasing an early drop in a 2.13% intraday swing on June 11.
The index touched a low of 7,257.33 before reversing sharply, with the close at 7,409.43 representing a 152-point recovery from the session trough. The high of 7,412.68 was reached near the close, suggesting sustained buying into the final hour.
Trading volume totaled 2.4 billion shares as the amplitude — the widest single-day range as a percentage of the prior close — showed elevated intraday volatility. The open at 7,287.67 gave way to early selling before buyers stepped in.
A close near the session high after such a wide range typically indicates conviction behind the move, though traders will look for confirmation in the following session. Upcoming economic data releases could test whether the buying pressure holds.
This article is for informational purposes only and does not constitute investment advice.
