Market Recap: Monday, June 14: Stocks close at highs of the day

Market Recap: Monday, June 14: Stocks close at highs of the day
Market Recap: Monday, June 14: Stocks close at highs of the day

Stocks narrowly eked out fresh record levels as traders awaited a key monetary policy decision from the Federal Reserve. The S&P 500 pushed into positive territory in the final minutes of trading, logging a fresh record close. The Dow ended lower, while the Nasdaq gained and set its own record closing level. Treasury yields advanced, and the benchmark 10-year yield hovered just below 1.5%. Cheryl Smith, Economist, Portfolio Manager, Trillium Asset Management and Robert Dye, Comerica Bank Chief Economist, joined Yahoo Finance Live to discuss.