Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
Dow Jones News Today: Stock Prices Flat as Sears Plans to Close 20 More Stores
https://mney.co/2tDjz5j
Required Please enter the correct value.
Twitter
Stocks: AAL, amzn, JWN, KR, WFM

Dow Jones News Today: Stock Prices Flat as Sears Plans to Close 20 More Stores

By Garrett Baldwin, Executive Producer, Money Morning • June 23, 2017

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Garrett BaldwinGarrett Baldwin

In Dow Jones news today, the markets were flat as Sears Holdings Corp. (Nasdaq: SHLD) announced it will close another 20 stores. Investors are starting to worry about the health of the retail sector.

Here are the numbers from Friday for the Dow, S&P 500, and Nasdaq as of 3:30 p.m. today:

Index Closing Point Change Percentage Change
Dow Jones 21,371.85 -25.44 -0.12%
S&P 500 2,435.81 +1.31 +0.05%
Nasdaq 6,254.94 +18.25 +0.29%

Now here's a closer look at today's most important market events and stocks, plus Monday's economic calendar.

The Five Top Stock Market Stories for Friday

  • Global oil prices have experienced their worst start to a year since the 1990s. Traders are growing increasingly nervous that OPEC's plans to cut excessive supply will not be enough to push prices above $50.00 per barrel any time soon. OPEC leaders may have to make additional cuts to try to support prices. TheĀ WTI crude oil price todayĀ added 0.7%. Brent crude gained 0.8%.

Rare Gold Anomaly:Ā An incredibly rare gold anomaly is shaping up in the markets as we speak - one that has occurred ONLY twice in the past 20 years. And it's about to happen again.Ā Details here...

  • Caterpillar Inc. (NYSE: CAT) was one of the most heavily traded stocks on the day after it received a downgrade from Deutsche Bank AG (NYSE ADR: DB). The global investment bank raised concerns that President Donald Trump's infrastructure plan has no timetable for the year ahead. Despite the news, shares of CAT climbed 0.05%.
  • Gold prices hit a one-week high as growing uncertainty weighed on the U.S. dollar. It's been a little more than a week since the Federal Reserve raised interest rates, but the greenback has been falling thanks to a myriad of geopolitical concerns. Money Morning Resource Specialist Peter Krauth offered his insight into where prices are heading next. To see his 2017 gold price forecast, click here.
  • Yesterday, we noted that Qatar Airlines is trying to purchase 10% of U.S. giant American Airlines Group Inc. (Nasdaq: AAL), and CEO Doug Parker is anything but thrilled about the rumor. Parker sent a letter to company employees explaining that his executive team is not happy about Qatar's plans. However, he said that there isn't anything they can do about it. The news comes at a time that Qatar has been given a mandate by other Arab nations to comply with 13 demands. The list includes the closing of Al Jazeera and a reduction in Iranian ties. The nation is facing economic and diplomatic isolation.

Dow Jones news today

  • On the international front, European leaders met today in Brussels to continue the discussions over Brexit. One year has passed since British voters elected to depart the European Union, and the economic impact has been jarring. In the first quarter, economic growth in the UK registered at 0.2%. That figure was the lowest among all member nations in the European Union. European Union officials criticized Theresa May's proposal to allow all EU citizens the right to remain in the United Kingdom until 2019. From there, residents who have been there for five years will receive a pathway to citizenship. EU officials want greater detail into May's plans.

Four Stocks to WatchĀ Friday: JWN, GE, BBBY, BBRY

  • Shares of Nordstrom Inc. (NYSE: JWN) were flat despite news that the company is proceeding with its efforts to sell itself to a private-equity shop. According to reports, the Nordstrom family, which owns roughly 30% of the retail giant, is leading the initiative.
  • The buzz outside of the markets centered on statements made by General Electric Co.'s (NYSE: GE) outgoing CEO Jeff Immelt. At an event in New York last night, Immelt questioned the judgement of executives at Kroger Co. (NYSE: KR) in the wake of Amazon.com Inc.'s (Nasdaq: AMZN) acquisition of Whole Foods Market Inc. (NYSE: WFM). Immelt then jabbed former President Barrack Obama for not listening to manufacturing centers during their push for higher wages.
Video

New Nevada Marijuana Laws Will Turn State into a Cannabis Destination

  • Shares of Bed Bath & Beyond Inc. (Nasdaq: BBBY) fell nearly 12% after the retail company fell well short of earnings expectations after the bell Thursday. While revenue just missed Wall Street expectations, its EPS of $0.58 was $0.08 short. The retail company continues to struggle against online rivals
  • BlackBerry (Nasdaq: BBRY) shares plummeted more than 11% after the Canadian technology giant fell short of Wall Street earnings expectations.

Monday's U.S. Economic Calendar (all times EDT)

  • Durable Goods Orders at 8:30 a.m.
  • Four-Week Bill Announcement at 11 a.m.
  • Three-Month Bill Auction at 11:30 a.m.
  • Six-Month Bill Auction at 11:30 a.m.

Up Next: Ethereum Price "Flash Crash" Sent Ethereum from $319 to $0.10 in Seconds

FollowĀ Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Garrett BaldwinGarrett Baldwin

About the Author

Browse Garrett's articles | View Garrett's research services

Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.

… Read full bio

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz