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By Staff Reporters
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Stocks were mixed yesterday as investors looked ahead to what today’s government inflation data will bring. Boeing took a dive and the stock is down 24% this year.
Here’s where the major benchmarks ended:
- The S&P 500® index (SPX) fell 5.75 points (0.1%) to 5,117.94; the Dow Jones Industrial Average® ($DJI) gained 46.97 points (0.1%) to 38,769.66; the NASDAQ Composite® (COMP) declined 65.84 points (0.4%) to 16,019.27.
- The 10-year Treasury note yield (TNX) was up almost 1 basis point to 4.096%.
- The CBOE Volatility Index® (VIX) rose 0.45 to 15.19.
Chip maker weakness sent the Philadelphia Semiconductor Index (SOX) down 1.36% Monday following a 3.5% drop Friday, when the benchmark initially set a record intra-day high above 5,217. The index is still up 17% this year.
Other sectors outside of tech extended recent strength, including the Dow Jones Utility Index ($DJU), which gained for the fourth straight day and ended at its highest level since February 1. The S&P Energy Index ($SP500#10) reached its highest level since late October, while the S&P 500 Materials Index ($SP500#15) advanced over 1% to its highest post in nearly two years.
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Filed under: "Ask-an-Advisor", Breaking News, Financial Planning, Investing, LifeStyle | Tagged: Boeing, CBOE, COMP, DJIA, NASDAQ, NYC, S&P 500, SOX, SPX, TNX, VIX |
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