Geopolitical Tensions Fuel Energy-Price Concerns - Adviser Investments

Geopolitical Tensions Fuel Energy-Price Concerns

Rick Winters, vice president at Adviser Investments, has the market analysis for Friday, June 14. All major U.S. market indexes declined slightly on mounting geopolitical concerns. The Dow Jones Industrial Average, S&P 500 and NASDAQ Composite fell 0.1%, 0.2% and 0.5%, respectively. Adding to tensions from last week’s tanker attacks in the Persian Gulf, the International Energy Agency released its 2020 global oil projections, forecasting that supply will exceed demand. Closer to home, the National Retail Federation reported a 0.5% monthly retail-sales increase, adding even more to businesses’ coffers after April’s upwardly revised 0.3% gain.

Recent Videos

View All Videos

Lowell on CNBC: Patient Money More Likely to Be Rewarded

Webinar: Investing Through Impeachment and Trade Wars

Lowell on CNBC: Stock Market Volatility Will Continue

Lowell on CNBC: Impeachment Process and Market Volatility

85 Wells Avenue, Suite 109 Newton, MA, 02459 1.800.492.6868

Adviser Investments' logo is a registered trademark of Adviser Investments, LLC.