By Staff Reporters
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$5.6 billion. That’s the estimated economic impact should the United Auto Workers strike against Detroit’s Big Three automakers last 10 days, according to the Anderson Economic Group. (Bloomberg)
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Here is where the major benchmarks ended:
- The S&P 500® Index (SPX) was up 3.21 points (0.1%) at 4,453.53; the Dow Jones Industrial Average (DJIA) was up 6.06 points at 34,624.30; the NASDAQ Composite (COMP) was up 1.90 points at 13,710.24.
- The 10-year Treasury note yield (TNX) was down about 1 basis point at 4.311%.
- CBOE’s Volatility Index (VIX) was up 0.25 at 14.04.
Energy shares were once again one of the market’s strongest performers thanks to an extended rally in crude oil futures, which rose to a 10-month high of more than $92 a barrel Monday.
Regional banks and consumer discretionary stocks were among the weakest sectors. The 10-year Treasury yield climbed near a 16-year high posted in August before pulling back later in the session.
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Filed under: "Ask-an-Advisor", Alerts Sign-Up, Experts Invited, iMBA, Inc., Investing, LifeStyle | Tagged: Anderson Economic Group, banks, Bloomberg, CBOE, COMP, DJIA, DOW, NSDAQ, oil, Russell 2000, S&P 500, SPX, TNX, UAW, VIX |
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