Daily Three: S&P 500 Breaks Record Close, Brent Crude Falls 1.1% and More Labor Market Data Sends Mixed Signals
- The S&P 500 closed at an all-time high of 2137.16 today with the DJIA closing within 1% of its all-time high as well. The Wall Street Journal
- Oil settles down against the broad market with Brent futures at $46.25 breaking a technical level and potentially signaling a slowdown of demand. Reuters
- The Feds Labor Market Conditions Index, a broad composite of 19 labor market indicators, narrowed in June from May but still resulted in -1.9 for the month. MarketWatch