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Daily Market Recap - 3:30 pm CST

September 24, 2020

Summary

U.S. equities ended the day up from yesterday after a back-and-forth trading session. Utilities performed best, while health care was the worst performer. In economic news, initial jobless claims for the week ending September 19 were slightly up from consensus estimates and remain about four times pre-pandemic levels. In corporate news, UnitedHealth is reportedly in talks to purchase DivvyDose, an online pharmacy startup. Treasury yields remained mixed.

Overall market indexes

The Dow Jones Industrial Average* was up 52 points or 0.2% to 26,815
The Standard & Poor's 500 Index was up 10 points or 0.3% to 3,247
The NASDAQ Composite Index was up 39 points or 0.4% to 10,672

Bond markets

The 30-year Treasury yield is trading lower at 1.40%
And the 10-year Treasury yield is little changed at .66%

Commodity markets

The spot price of gold rose $4.80 to $1,873.20
And the price of crude oil rose $0.32 to $40.25

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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