U.S. stocks finished mixed at the conclusion of Monday trading amid declines in oil prices,which fell nearly 3% as traders assessed the impact of wildfires on Canada’s oil output.
In the meantime, with the U.S. Presidential election still 6 months away, the candidates are being judged as to what their proposed economic policies would mean the to the U.S. economy. For example: some are saying that Bernie Sanders’ plan would add $21 billion dollars to the U.S. debt, while others like Peter Schiff– CEO of Euro Pacific Capital believe Donald Trump knows a U.S. government default is inevitable. Does Trump have right idea when it comes to handling U.S. debt? See more below.
Read the analysis of Bernie Sanders’ financial plan from the Tax Policy Center here.
Here are the final numbers from Monday, May 9th on Wall Street:
Dow Jones Industrial Average: 17,705.91 (-34.72 / -0.20 %)
NASDAQ: 4,750.21 (+14.05 / +0.30 %)
S&P 500: 2,058.69 (+1.55/ +0.08%)