Edward JonesDaily Market Recap - 3:30 pm CST
Summary
U.S. stocks finished the day lower following declines from Asian and European markets as last week's concerns about trade between the U.S. and China remain. Telecommunications and consumer staples were the worst performing sectors, while energy shares moved higher as crude prices rose in advance of a key OPEC meeting this week which may yield smaller-than-expected production hikes. In economic news, the National Association of Home Builder's monthly confidence index fell two points to 68. U.S. Treasuries were little changed.
Overall market indexes
The Dow Jones Industrial Average* was down 103 points or 0.4% to 24,987
The Standard & Poor's 500 Index was down 5 points or 0.2% to 2,775
The NASDAQ Composite Index was up 1 point to 7,747
Bond markets
The 30-year Treasury yield closed higher at 3.05% and the 10-year Treasury yield finished lower at 2.92%.
Commodity markets
The spot price of gold fell $1.15 to $1,278.40
And the price of crude oil rose $0.73 to $65.79
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 © 2017 is proprietary to Dow Jones & Company, Inc.
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