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Asia Dips, European Markets Advance, While Crude And Gold Trade Lower - Global Markets Today While US Slept
On Friday, June 14th, the U.S. stock markets showed mixed results. The Nasdaq achieved a record high for the fifth consecutive day, propelled by gains in Adobe and other tech stocks. In contrast, both the S&P 500 and Dow closed slightly lower.
Economic data showed a decline in University of Michigan consumer sentiment to 65.6 in June, its lowest since November, and U.S. import and export prices fell by 0.4% and 0.6%, respectively, in May.
Several sectors on the S&P 500 closed in the red, with industrials, materials, and energy recording the biggest losses, although information technology and communication services stocks managed to end the session higher.
The Dow Jones Industrial Average was down 0.15% and closed at 38,589.16. ...