Stock market news today, September 12, 2014: A light economic schedule that includes an update on U.S. retail prices is in store today (Friday). In Europe, gold prices were down a little more than $1 per ounce, while Brent crude prices were up more than $1 a barrel. Investors grow more cautious ahead of the U.S. Federal Reserve meeting next week - many have suggested the central bank will take a more hawkish approach toward interest rates at the Federal Open Market Committee meeting. Despite the concern, the U.S. dollar is at a six-year high against the Yen.
- TSLA, DRI, ULTA and GM Lead Stock Market News Today
- The Dow Jones Industrial Average Ends Week on a Bullish Note
At the closing bell, the Dow Jones Industrial Average declined slightly by 0.19% to close at 16,300.45; for the week ending today (Friday), March 21, 2014, the Dow gained 1.45%, or 232.83 points.
The S&P 500 hit an intraday all-time high before falling to close down 0.29% at 1,866.60. The Nasdaq fell 0.98% to finish at 4,276.79. Silver prices recovered after a tough response from the Federal Open Market Committee (FOMC) meeting on Wednesday.
Here's a recap of today's top stock market news.