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Daily Market Recap - 3:30 pm CST

October 07, 2019

Summary

U.S. equities ended lower today, led by the consumer staples and energy sectors. In corporate news, General Electric announced that it will freeze pension plans for about 20,000 salaried workers effective January, 2021. Economic news was light today. Treasury bond prices fell, as interest rates rose.

Overall market indexes

The Dow Jones Industrial Average* was down 96 points or 0.4% to 26,478
The Standard & Poor's 500 Index was down 13 points or 0.4% to 2,939
The NASDAQ Composite Index was down 26 points or 0.3% to 7,956

Bond markets

The 30-year Treasury yield closed higher at 2.06% and the 10-year Treasury yield finished higher at 1.56%.

Commodity markets

The spot price of gold fell $15.00 to $1,497.90
And the price of crude oil rose $0.08 to $52.89
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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