Broader Market Weakens as Energy and Software Stocks Fall
The broader market weakened on June 16, with the S&P 500 down -0.18% and Nasdaq Composite falling -0.83%, driven by declines in energy producers due to a drop in crude oil prices and weaker software stocks. The Dow Jones Industrial Average rose +0.69%. A sharp decline in U.S. housing starts also negatively impacted the market.
Topics: crude_oil_prices energy_sector housing_data software_stocks stock_indices