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Getting Paid to Buy Stocks

Daily Recap

On the last trading day of the month, stocks in the U.S. put in a mixed performance. The Industrials closed in the green by 60 points, notching a new record high that leaves the index just over a hundred points below the 22,000 mark. The Transports did not keep pace and fell 0.48%, about the same as the Nasdaq, which ended the day down 0.42%. Overall, the S&P 500 was down 0.07%.

 

International markets were also mixed with Europe generally heading lower while Asia moseyed higher. In Europe the Stoxx 600 fell 0.13%, held back by France and Germany's markets, which were down 0.73% and 0.37%, respectively. In Asia most indexes were modestly higher, driving the Asia Dow up 0.76%.

 

More political turmoil here in the states, including the ousting of White House communication director Anthony Scaramucci, led to further declines in the dollar. Near the close the dollar index was down another half percent to 92.85.

 

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