Dow Flat as World Markets Struggle
AAPL) and Microsoft (MSFT) taking losses.
Oil Steady at $60 Despite Market DipOil held steady again today, as the markets slipped around it. It was down slightly in trading today, but has held right near $60 per barrel for the past week. A few energy companies were up on the day even if oil wasn't. Murphy Oil Corp (MUR) and AES Corp (AES) both posted gains in trading today. Murphy was up 1.10 points, or just over 2.5%, to close at $43.26 per share. AES, an electric utility, gained 3.29% and closed the day at $13.51.
Eli Lily (LLY) Leads the DowEven though the Dow has held steady all day long, Eli Lily (LLY) was making gains. It shot up over 2 points right at the very end of trading today, with the trend flattening in the aftermarket. Eli Lily ended the day up 4.25 points, or 5.41%, to lead the Dow in real gains. Shares of Eli Lily closed at $82.77.
World Markets Struggle to Post GainsMarkets around the world struggled to make gains for the second day in a row. Today, even China was having a hard day in the markets, as much as China is in the market at all. London, Germany, and Japan were all down by relatively large margins. Secondary markets in Canada and Australia were down as well. The world risks slipping back slightly into recession unless it can turn around this latest decline.
Published on Jun 9, 2015By Aaron Phillips