spnov11-300x134 Market Snapshot - Monday 11.11.19

Very little happened on the domestic front as today is Veterans Day, a market holiday, and the US stock market was closed (index futures, however, were trading) with nothing in the way of major economic reports.


The Dow advanced 0.04% or 10.25 points, ending the day at 27,691.49. Notably, Boeing lifted the index, its shares rising more than 4.5% on the news that  the 737 Max jets are to resume next month. The S&P 500 declined to 3,087.01 or 0.2% on energy and utilities sector weakness. The Nasdaq fell back 0.1% closing at 8,464.28. 


If anything held back the markets from advancing on this day where very little was to be expected (considering it’s a national holiday), it’s likely President Trump’s comments late last week on the status of the US-China trade deal and tariffs rollbacks plus the escalation of violence in the Hong Kong protests.


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