5/10/2019

Stocks finished positive to end the week, with the Dow ending up over 100 after being down 350 points this morning. In economic news, Mnuchin said trade talks with China were constructive today, while the higher China tariffs were still put into action this morning.

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

 

Dow Jones +116 at 25,492

S&P 500 +10 at 2,881

NASDAQ +6 at 7,916

 

The 10 Year Treasury closed flat yielding 2.45%

Oil prices closed down $0.15 ending at $61.55 a barrel

Gold prices closed up $2 ending at $1,287 an ounce

 

In the days’ stock news:

  • Uber had its IPO today, with a starting trade price of $45
  • Viacom beat earnings estimates by 15 cents, reporting an adjusted quarterly profit of 95 cents per share
  • Anheuser-Busch InBev filed to spin off its Asian business in a deal that could be worth $5 billion
  • Marriot earned $1.41 per share for the first quarter, 7 cents above estimates