Market Update for March 13, 2019
In Today's Update:
1) Stocks closed mostly higher again today lead by Chip and Tech stocks after positive economic data reports. The Dow Jones Industrial Average gained 148.23 or 0.58%, the S&P 500 added 19.40 or 0.69% while the Nasdaq 100 closed higher by 52.37 or 0.69% and the Russell 2000 finished higher by 6.05 or 0.39%.
2) Crude Oil Futures rebounded strongly on Wednesday on declining Crude stockpiles wild Gold Futures advanced another $11.40 or 0.88% at the official close. The Bond market traded lower and the yield on the 10-year treasury note settled at 2.624%.
3) Shares of ROKU plunged today closing lower my $9.98 or 14.11% after trading near its all-time high just two days ago. The stock dropped after Analysts at Macquarie Research downgraded the stock to neutral over increased competition from larger media companies.