Finance & Investing

EU and US Boost Aircrafts | June 15 | Eagle Nest

Tuesday, June 15, Market Recap

Good Evening,

Today, June 15…

The DJIA fell 0.27%

The S&P 500 was down 0.16%

The Nasdaq Composite slipped 0.71%

Cyclicals led the market today.

General Market Review

Financials

The FOMC is expected to keep interest rates monthly bond purchases unchanged. The FOMC has said there would be ample notice before beginning to discuss tapering bond purchases.

Energy

Oil prices are up again as crude inventories fell 8.5 million barrels, compared to a draw of 2.1 million barrels for last week. Travel demand increases with lowered pandemic restrictions. Occidental Petroleum added 3.25% today.

Industrials

Boeing was up 0.61% after the US and EU ended a 17-year dispute over aircraft subsidies. This 5-year truce will allow the aircraft industry and airbus to grow.

Source of Article:
Click Here for More of these Posts

You may also like...

Leave a Reply

Your email address will not be published.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