Daily Market Recap - 3:30 pm CST

    January 24, 2020

    Summary

    U.S. stocks closed lower today. Financial and health care shares led the decline, while the utilities sector finished higher. Energy was among the worst-performing sectors, pulled down by lower oil prices. In economic news, manufacturing activity came in lower than expected, but service-oriented business activity came in higher than expected for January. U.S. Treasury bond prices rose as interest rates fell. The Dow Jones Industrial Average was up 166 points, or 0.6%, for the week.

    Overall market indexes

    The Dow Jones Industrial Average* was down 170 points or 0.6% to 28,990
    The Standard & Poor's 500 Index was down 30 points or 0.9% to 3,295
    The NASDAQ Composite Index was down 88 points or 0.9% to 9,315

    Bond markets

    The 30-year Treasury yield is trading lower at 2.14%
    And the 10-year Treasury yield is trading lower at 1.69%

    Commodity markets

    The spot price of gold rose $5.30 to $1,570.70
    And the price of crude oil fell $1.18 to $54.41

    Important Information:

    The Dow Jones Indexes are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones Indexes © 2019 is proprietary to Dow Jones & Company, Inc.

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