Previous close | 5,297.10 |
Open | 5,303.10 |
Volume |
Day's range | 5,283.59 - 5,305.45 |
52-week range | 4,103.78 - 5,325.49 |
Avg. volume | 4,011,086,666 |
On today's episode of Market Domination Overtime, Yahoo Finance hosts Julie Hyman and Josh Lipton break down the market close and the day's biggest stories. The Dow Jones (^DJI) closed higher for the fifth week straight, at a record 40,000. Meanwhile, the Nasdaq Composite (^IXIC) dipped 0.07% and the S&P 500 (^GSPC) held above its 5,300 benchmark. Hennessy Funds CIO and Portfolio Manager Ryan Kelley and RBC Capital Markets US Economist Michael Reid break down what the Dow Jones record could signal for the overall economy as interest rates remain relatively high. Commodities like Copper (HG=F) and Silver (SI=F) have reached new heights as demand increases. Bloomberg Intelligence Senior Commodities Strategist Mike McGlone gives key insights into the surge of metals and how China plays a critical role. Outgoing Boeing (BA) CEO Dave Calhoun will remain on the company’s board following a shareholder vote. Boeing will seek a new CEO to help the company recover from the two fatal 737 MAX crashes and the detached fuselage on an Alaska Airlines flight. The company is also facing potential prosecution from the Justice Department for violating an agreement reached to avoid criminal charges over the 737 MAX crashes. Finally, Julie Hyman and Josh Lipton break down what investors should watch next week, from Nvidia (NVDA) earnings to the Federal Reserve's May FOMC minutes. This post was written by Melanie Riehl
Stocks trod water as investors assess the chances of the Dow succeeding in another bid to cross 40,000 for the first time.
(Bloomberg) -- From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.Most Read from BloombergA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingChina Attempts to End Property Crisis With Broad Rescue PackageUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipChina Says Agriculture Minister Tang Renjian Is Under InvestigationZyn Shortage? Nicotine Pouches Out of Stock in Several US StatesOf the world’s