4/15/2019

Stocks declined to begin the week, with every major index finishing in negative territory. In economic news, Fed’s Charles Evans said interest rates can stay unchanged into fall of 2020, while treasury yields remained relatively steady following the Fed commentary and economic data. Here’s a look at how the major indices ended the day:

 

Dow -29 at 26,384

S&P -1 at 2,905

NASDAQ -8 at 7,976

 

The 10 Year Treasury closed down a half of basis point yielding 2.55%

Oil prices closed down $0.36 ending at $63.66 a barrel

Gold prices closed down $4 ending at $1,291 an ounce

 

In the days’ stock news:

  • Waste Management is buying smaller rival Advanced Disposal Services for $3 billion
  • Apple announced its plan to spend hundreds of millions of dollars on new video games for its upcoming arcade subscription
  • American Airlines extended cancellations of flight’s involving Boeing’s 737 Max jet through August 19th