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.
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
The 30-year Treasury yield closed lower at 3.03% and the 10-year Treasury yield finished lower at 2.86%.
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.
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.
Get instant quotes for your favorite companies and mutual funds.
It can be scary when stocks decline. And even normal market volatility can be uncomfortable, especiallywith large day-to-day stock market moves.
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.