New orders for manufactured durable goods in April, down following four consecutive monthly increases, decreased $1.8 billion or 0.8% to $231.0 billion, down from the previously published 0.7% decrease, the Census Bureau reported. This followed a 2.4% March increase. Transportation equipment, down following two consecutive monthly increases, led the decrease, $1.1 billion or 1.4% to $78.4 billion. New orders for manufactured nondurable goods increased $1.0 billion or 0.4% to $238.0 billion.

Yesterday, the Dow closed 22.25 points (0.10%) lower at 21,184.04, the NASDAQ decreased 10.11 points (0.16%) to 6,295.68, and the S&P 500 was down 2.97 points (0.12%) at 2,436.10. The Russell 2000 gained 14.21 points (1.03%) to finish at 1,396.45, and the Wilshire 5000 lost 23.22 points (0.09%) to finish at 25,322.05.

The price of the 10-year Treasury note was down 6/32, increasing its yield to 2.181%. The price of the 30-year Treasury bond decreased 18/32, bringing its yield up to 2.838%.

ON THIS DATE: In 1833, Andrew Jackson became the first U.S. president to ride in a train. It was a B&O passenger train. In 1844, the Young Men’s Christian Association (YMCA) was founded in London. In 1882, the first electric iron was patented by H.W. Seely. In 1925, Chrysler Corporation was founded by Walter Percy Chrysler. In 1932, in the U.S., the first federal tax on gasoline went into effect. It was a penny per gallon. In 1933, in Camden, New Jersey, the first drive-in movie theater opened. In 1934, U.S. President Franklin Roosevelt signed the Securities Exchange Act, which established the Securities and Exchange Commission (SEC). In 1942, Japanese forces retreated in the World War II Battle of Midway. In 1944, the D-Day invasion of Europe took place on the beaches of Normandy, France. Four-hundred thousand allied American, British and Canadian troops were involved. In 1946, the Basketball Association of America was formed in New York City. In 1968, U.S. Senator Robert F. Kennedy died at 1:44am in Los Angeles after being shot by Sirhan Sirhan the evening before while campaigning for the Democratic presidential nomination. In 1971, “The Ed Sullivan Show” aired for the last time. It was canceled after 23 years on the air. In 1978, “20/20” debuted on ABC.