U.S. stocks closed higher today. All sectors advanced with energy, technology, and the communications services sectors leading the day. In corporate news, Estée Lauder closed up more than 12% after reporting fourth-quarter earnings above consensus analyst estimates. Demand for its products was robust across emerging markets, led by strong sales growth in China. Economic news was light today. Treasury bond prices fell, as their interest rates rose.
The Dow Jones Industrial Average* was up 250 points or 1.0% to 25,886
The Standard & Poor's 500 Index was up 35 points or 1.2% to 2,924
The NASDAQ Composite Index was up 107 points or 1.4% to 8,003
The 30-year Treasury yield closed higher at 2.09% and the 10-year Treasury yield finished higher at 1.61%.
The spot price of gold fell $12.10 to $1,500.40
And the price of crude oil rose $1.32 to $56.13
See our Weekly Market Update.
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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