.U.S. stocks were lower today after a U.S. military airstrike in Iraq that killed an Iranian military leader, stoking geopolitical tensions. Oil prices rose 3% in response to the news, although the energy sector was lower. In economic news, the Institute for Supply Management reported that manufacturing activity fell unexpectedly to the lowest level since 2009. Corporate news was light today. U.S. Treasuries were higher today, as yields fell. The Dow Jones Industrial Average was essentially flat for the week.
The Dow Jones Industrial Average* was down 234 points or 0.8% to 28,635
The Standard & Poor's 500 Index was down 23 points or 0.7% to 3,235
The NASDAQ Composite Index was down 71 points or 0.8% to 9,021
The 30-year Treasury yield is trading lower at 2.25%
And the 10-year Treasury yield is trading lower at 1.79%
The spot price of gold rose $23.00 to $1,551.10
And the price of crude oil rose $1.80 to $62.98
The Dow Jones Indexes are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones Indexes ? 2019 is proprietary to Dow Jones & Company, Inc.
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