Kate Austin, equityThe amount of money that would be returned to shareholders if a company’s assets were sold off and all its debt repaid. research analyst at Adviser Investments, has the market analysis for Monday, June 10. Major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. market indexes advanced for the fifth consecutive day, with the Dow Jones Industrial Average, S&P 500 and NASDAQ up 0.3%, 0.5% and 1.0%, respectively. Raytheon and United Technologies made headlines with their “Raytheon Technologies” merger announcement. Raytheon’s stock rose 0.5% on the news, while United Technologies declined more than 3%. Meanwhile, crude oil prices continued their decline and fell an additional 1.6%—currently down about 20% in the past six weeks.
Adviser Investments' logo is a registered trademark of Adviser Investments, LLC.