Daily Market Recap - 3:30 pm CST

June 18, 2019

Summary

U.S. stocks rose today after President Trump said he plans to meet with China's President Xi later this month at the G-20 Summit. In economic news, housing starts were better than expected in May. In corporate news, Facebook announced plans to launch a cryptocurrency called Libra in 2020. U.S. Treasuries were higher today.

Overall market indexes

The Dow Jones Industrial Average* was up 353 points or 1.4% to 26,466
The Standard & Poor's 500 Index was up 28 points or 1.0% to 2,918
The NASDAQ Composite Index was up 109 points or 1.4% to 7,954

Bond markets

The 30-year Treasury yield closed lower at 2.55% and the 10-year Treasury yield finished lower at 2.06%.

Commodity markets

The spot price of gold fell $2.20 to $1,338.90
And the price of crude oil fell $0.57 to $51.92
See our Weekly Market Update.

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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