August 6, 2020

August 7, 2020

Stocks rose today, led by tech shares, as traders kept an eye on Washington for clues on a new coronavirus stimulus package and news of better-than-expected unemployment data.

Dow Jones finished +186 at 27,387

S&P 500 finished +21 at 3,348

NASDAQ finished +110 at 11,108

 

The 10 Year Treasury closed even yielding 0.54%

Oil prices closed down $0.19 ending at $42.00 a barrel

Gold prices closed up $23.80 ending at $2,073 an ounce

 

In the days’ stock news:

 

  • Shares of Facebook closed up more than 6% following the U.S. launch of Reels, a new Instagram feature designed to rival Chinese upstart TikTok.
  • Etsy dipped more than 3% despite beating on the top and bottom lines of its quarterly results. Etsy earned 75 cents per share on revenue of $429 million.

 

 

Daily Updates

July 22, 2022.

Stocks ended the day lower with the DOW, S&P, and...

July 15, 2022.

Stocks ended the week higher, with the DOW, S&P and...

May 17, 2022.

U.S. stocks closed up today as the market bounced back...

Monthly Updates

Best Q1 Since 2.

March is traditionally an “average” month for the market.  Over...

More New All-Ti.

January was the 3rd consecutive positive month for the S&P...

New All-Time Hi.

January is traditionally a good month for the market as...

Stay up to date with our newsletter