Market Update for March 25, 2019
In Today's Update:
1) Stocks closed mixed on Monday after traders celebrate Mueller's report but continue to worry about the growth prospects of the global economy. The Dow Jones Industrial Average gained 14.51 or 0.06 %, the S&P 500 fell 2.35 or 0.08% while the Nasdaq 100 closed lower by 5.13 or 0.07% and the Russell 2000 finished lower by 6.94 or 0.46%.
2) Crude Oil Futures moved slightly lower closing down $0.04 on 0.07% while Gold Futures hit a three-week high and closed up $9.70 or 0.74%. The Bond market continued to climb dropping the yield on the 10-year Treasury Note to 2.401, its lowest point since December of 2017.
3) Apple Inc. (AAPL) made headlines today after announcing three new subscription services which include a streaming TV service, a gaming bundle, and an all-you-can-read magazine subscription. The company also announced plans to introduce an apple branded credit card in partnership with Goldman Sachs (GS). Shares of AAPL closed at $188.74 down $2.31 or 1.21%.