Dow Ends the Session Down 103 Points: CLOSING MARKETS BLOG

 | Jun 18, 2018 | 4:14 PM EDT
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

cat

,

ba

Stocks narrowed their losses and finished near session highs on Monday, with the Dow industrials finishing just 103 points lower after trailing by as much as 264.7 points earlier in the day.

The Dow 30 ended trading at 24,987.47, down 103.01 points. The S&P 500 likewise shed 5.79 points to end at 2,773.87, although the Nasdaq Composite added 0.65 points to finish at 7,747.02.


Dow Down More than 100 at Midday

Stocks narrowed their morning losses Monday, but the major indices all remained in the red at midday.

The Dow industrials were down 162.72 points at 24,927.76 shortly after noon ET, while the S&P 500 was off 10.55 at 2,769.11 and the Nasdaq Composite was 15.61 ticks in the red at 7,730.77.

Markets were trading lower amid fears of a widening U.S./Chinese trade war. In particular, key U.S. multinationals Boeing (BA) and Caterpillar (CAT) remained under pressure amid fears that they could face Chinese retaliatory tariffs. Boeing was down $2.76 at $355.12 shortly after noon, while CAT was off $1.27 at $148.75.


Stocks Open Lower on U.S.-Chinese Trade Jitters

Stocks opened significantly lower Monday on continued fears of a U.S.-Chinese trade war.

The Dow Jones Industrial Average fell 232.92 to 24,857.56 shortly after the opening bell. The S&P 500 likewise dropped 20.53 points to 2,759.13, while the Nasdaq Composite shed 58.04 to 7,688.33.

Fears of Chinese tariffs particularly hit U.S. industrial giants Boeing (BA) and Caterpillar (CAT) . BA lost $5.50 to $352.38 in the early going, while CAT gave up $1.69 to $148.33.

Columnist Conversations

Covered the trade at 360.00 for a quick 10% profit
Small at 400.25
Going to be a last second decision. Leaning toward a small short just before the bell. Either that ... or I si...
We are seeing some very strong turnover with BAC options today, the 'unusual call activity' is pointing toward...

BEST IDEAS

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

COLUMNIST TWEETS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.