Schaeffer's Market Recap Bank stocks contributed to a daily win for the Dow
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| | | 6/28/2019 | |
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| Stocks Log Best June in Years as G-20 Looms | | By Patrick Martin | | The Dow held on to marginal gains today, thanks to outperforming bank stocks, yet wasn't able to corral a weekly win. Wall Street nervously awaits any semblance of an update from the ongoing G-20 summit in Japan, where President Donald Trump and Chinese President Xi Jinping will meet tomorrow to discuss trade. The S&P 500 and Nasdaq finished higher today too, but also saw their weekly win streaks halted at three. Nevertheless, all three benchmarks nabbed outsized monthly wins, wrapping up their best June in years. Continue reading for more on today's market, including: - The worst energy stock to own this summer.
- Apple's famous design chief Sir Jony Ive is stepping down.
- Plus, a sector to watch next month; the best blue chip for the third quarter; and frenzied options activity around UBER.
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