09/10/2019

Stocks finished the day mixed, with the DOW being the only index in positive territory for a second straight day. In economic news, job openings drop to 7.22 million in July from 7.25 million

 

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

Dow Jones Industrial +74 at 26,909

S&P 500 +1 at 2,979

NASDAQ -3 at 8,084

 

The 10 Year Treasury closed up 8 basis points yielding 1.70%

Oil prices closed down $0.28 ending at $57.57 a barrel

Gold prices closed down $15 ending at $1,496 an ounce

 

In the days’ stock news:

  • Wells Fargo was downgraded at UBS, citing the bank still lacks visibility on profitability improvement
  • Wendy’s announced it will spend about $20 million to bring breakfast to roughly 5,800 domestic locations. The restaurant chain plans to expand its hours, add menu items, and hire about 20,000 new workers
  • PG&E unveiled its proposed bankruptcy exit plan, which will raise $14 billion to pay damages from the deadly California wildfires
  • Facebook shares declined over 1% after it was announced the social media company will have to face most of a class action suit seeking damages for alleged privacy violations