U.S. stocks finished mixed as the S&P 500 hit a new record intraday high, while the Dow dipped amid Exxon posting weak quarterly results. ExxonMobil reported earnings below expectations due to a volatile energy-price environment. In earnings news, Alphabet beat expectations after posting strong quarterly revenue growth, while Amazon.com reached a new record high after reporting upbeat quarterly results. In bond market news, U.S. Treasury prices increased as low GDP data indicated the Federal Reserve may not raise interest rates anytime soon. The Dow Jones Industrial Average fell 138 points, or less than one percent for the week.
The best-performing sector was: Telecom
While the worst-performing sector was: Basic Materials
The Dow Jones Industrial Average* was down 24.11 at 18,432.24
The Standard & Poor's 500 Index was up 3.54 at 2,173.60
The NASDAQ Composite Index was up 7.15 at 5,162.13
Volume on the New York Stock Exchange was high today, with 1.19 billion shares traded. Advancers outnumbered decliners by roughly a 3-to-2 margin.
The spot price of gold rose $15.01 to $1,350.78
The spot price of silver rose $0.13 to $20.35
And crude oil prices rose $0.32 to $41.46
The 30-year Treasury yield closed at 2.18%
And the 10-year Treasury yield finished at 1.45%
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 © 2015 is proprietary to Dow Jones & Company, Inc.
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