Market Update for July 2, 2019
In today's update:
1) Stocks finished the trading day mostly higher on Tuesday despite new threats of tariffs from the Trump Administration. The Dow Jones Industrial Average gained 69.25 or 0.26%, the S&P 500 added 8.68 or 0.29% while the Nasdaq 100 closed higher by 17.93 or 0.22% and the Russell 2000 finished lower by 9.13 or 0.58%.
2) Crude Oil Futures plunged nearly 4.7% today on demand worries while Gold Futures spiked $32.20 or 2.32%. The Bond market traded higher and the yield on the 10-year Treasury Note fell below 2% again to close at 1.975%.
3) Shares of Roku Inc. (ROKU) dropped sharply at today's open after RBC Capital Markets lowered its rating for the stock to "perform" from "outperform". ROKU fell as much as 4.4% before rallying hard and actually closing higher by $1.68 or 1.84%.