08/30/2019

Stocks closed the day mixed, with the DOW and S&P finishing in positive territory. In economic news, U.S. consumer sentiment fell to 89.8 in August, the biggest monthly drop since 2012.

 

Here’s a look at how the major indices finished the day:

Dow Jones Industrial +37 at 26,403

S&P 500 +2 at 2,926

NASDAQ 11 at 7,962

 

The 10 Year Treasury closed down 1 basis point yielding 1.50%

Oil prices closed down $1.66 ending at $55.05 a barrel

Gold prices closed down $4 ending at $1,533 an ounce

 

In the days’ stock news:

  • Campbell Soup shares moved about 4% higher today after the company reported higher than expected revenues and earnings
  • Dell Technologies also announced better-than-expected second quarter earnings and revenues. Dell shares finished the day up 10%.
  • Tesla shares climbed 2% after the company announced 16 of their models will be exempt from the upcoming China tariffs on cars and auto parts