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Markets & Stocks
Quiet day ends with rally
August 16, 1999: 4:16 p.m. ET

Investors brace for Tuesday's CPI report and buy blue chips late in the session
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NEW YORK (CNNfn) - A lackluster session on Wall Street ended with a small blue chip rally in the last hour of trading, even as investors cautiously awaited the following day's release of the latest consumer inflation data.
     According to preliminary data, the Dow Jones industrial average gained 73.14 points to 11,046.79. Market breadth on the New York Stock Exchange was negative, however, with declines ahead of advances by 1,552 to 1,394 on trading volume of 582 million shares, one of the lightest trading days of the year.
     The Nasdaq Composite rose 7.46 to 2,645.27 and the S&P 500 index inched up 3.09 to 1,330.77.
     Bonds also finished with modest gains, with the bellwether 30-year Treasury bond rising 3/32 of a point in price, its yield drifting down to 6.09 percent, off slightly from 6.10 percent at the close Friday.
     The dollar fell sharply against the yen and finished slightly lower against the euro. Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.