Daily Market Recap - 3:30 pm CST

June 23, 2017

Summary

US stocks rose today driven by gains in the technology and energy sectors. The Federal Reserve Board announced that all 34 banks tested passed the first round of this year's stress test. Next week the Fed will announce whether or not each bank receives approval to return additional capital to shareholders by way of dividends and/or share buybacks. In economic news, new home sales units came in higher than expected and rose month over month. U.S. bonds rose today. The Dow Jones Industrial Average rose 11 points, or 0.05%, for the week.

Overall market indexes

The Dow Jones Industrial Average* was down 3 points to 21,395

The Standard & Poor's 500 Index was up 4 points or 0.1% to 2,438

The NASDAQ Composite Index was up 29 points or 0.5% to 6,265

Bond markets

The 30-year Treasury yield closed lower at 2.71% And the 10-year Treasury yield finished lower at 2.14%

Commodity markets

The spot price of gold rose $5.42 to $1,256
And the price of crude oil rose $0.35 to $43.09

See our Weekly Market Update.

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 © 2017 is proprietary to Dow Jones & Company, Inc.

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