Daily Market Recap - 3:30 pm CST

July 29, 2016

U.S. Stocks

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.

S&P 500

The best-performing sector was: Telecom

While the worst-performing sector was: Basic Materials

Overall market indices

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

NYSE

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.

Commodity markets

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

Bond markets

The 30-year Treasury yield closed at 2.18%

And the 10-year Treasury yield finished at 1.45%

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 © 2015 is proprietary to Dow Jones & Company, Inc.

Find a Financial Advisor

Find a Financial Advisor

Select a State and then enter a last name

    Get a Stock Quote

    Get instant quotes for your favorite companies and mutual funds.

    Your Watch List

    Company or Fund Price Change

    Quotes are delayed at least 15 minutes. Market data provided by Reuters.

    Edit your watch list

    Personalize your Watch List and track up to 10 stocks and mutual funds.

    Create your watchlist

    Edward Jones Perspective

    March 2015 - Issue
    100 Dow Points Aren't What They Used to Be

    It can be scary when stocks decline. And even normal market volatility can be uncomfortable, especiallywith large day-to-day stock market moves.

    Active and Passive: Two Investment Styles That Could Work for You

    image-family-financial-conversations
    Family Financial Conversations

    In this brief Edward Jones Perspective video, two families reflect on how they started the conversation about the future—and how communicating with each other NOW could help ease stress during emotional times down the road.

    Understanding Risk