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By Staff Reporters and A.I.
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| *Stock data as of market close. Here’s what these numbers mean. |
| Stocks: The Russell 2000 went 967 days without hitting a new record high until Thursday. But, it looks like it will have to keep waiting for the next one—the small-cap-focused index fell, even as the DJIA, NASDAQ and S&P 500 rose to new closing highs on Friday.* Bonds: 2-year yields and 10-year yields both hit two-week intra-day highs even after the FOMC cut interest rates, indicating that traders still aren’t sure how the economy will perform in the months ahead. Commodities: Arabica futures fell on reports that lawmakers will introduce a bipartisan bill to exempt coffee from tariffs. |
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Filed under: "Ask-an-Advisor", Glossary Terms, Investing, Portfolio Management | Tagged: arabica, coffee, DJIA, DOW, fed, Federal Reserve, FOMC, Morning Brew, NASDAQ, Russell 2000, S&P 500, tariffs, Yahoo Finance | Leave a comment »
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