Stock Prices Fall as Senate Passes Russia Sanctions Bill

wallstreetexaminer.com / by Garrett Baldwin via Money Morning / June 15, 2017

In Dow Jones news today, stock prices fell as the Senate passed a bill that would place new sanctions on Russia.

Here are the numbers from Thursday for the Dow, S&P 500, and Nasdaq:

Now here’s a closer look at today’s most important market events and stocks, plus Friday’s economic calendar.

The Five Top Stock Market Stories for Thursday

• European finance ministers debated another round of debt relief for the embattled Greek economy and decided to offer a bailout of 8.5 billion euros ($9.5 billion). Greece’s current bailout program is the third effort by international finance leaders since the nation fell into economic calamity in 2010.
• Crude oil prices cratered and hit a seven-month low on news of a huge spike in U.S. gasoline inventory levels and expectations that OPEC will not be able to balance supply and demand. Crude oil prices are now off more than 12% since May 25. The WTI crude oil price today fell 0.7%. Brent crude dipped 0.2%.

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