Stocks opened higher this morning but changed course throughout the day and finished with every major index down about 2%. In economic news, the U.S. Consumer Price Index fell 0.8% in April, as expected.
Dow Jones -457 at 23,675
S&P 500 -60 at 2,870
NASDAQ -190 at 9,003
The 10 Year Treasury closed down 5 basis points yielding 0.68%
Oil prices closed up $1.67 ending at $25.81 a barrel
Gold prices closed up $6 ending at $1,704 an ounce
In the days’ stock news:
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The major averages fell sharply Tuesday after Goldman Sachs reported...