Daily Market Recap - 3:30 pm CST

August 15, 2018

Summary

U.S. stocks were lower today, as global growth and trade war concerns shifted back to the forefront of investors' attention. In corporate news, shares of Macy's fell after the company beat quarterly earnings expectations but reported lower-than-expected profit margins. In economic news, July retail sales, manufacturing activity in the New York area, and worker productivity all topped consensus estimates, while labor costs were below expectations. U.S. Treasury prices were higher today.

Overall market indexes

The Dow Jones Industrial Average* was down 138 points or 0.5% to 25,162

Standard & Poor's 500 Index was down 22 points or 0.8% to 2,818

The NASDAQ Composite Index was down 97 points or 1.2% to 7,774

Bond markets

The 30-year Treasury yield closed lower at 3.03% and the 10-year Treasury yield finished lower at 2.86%.

Commodity markets

The spot price of gold fell $18.12 to $1,176.00
And the price of crude oil fell $2.19 to $64.85
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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