Stocks advanced today, with every major index finishing in positive territory. In economic news, Jobs surged in April, adding 263,000 new hires, while unemployment hit its lowest level since 1969, coming in at 3.6%.
Here’s a look at how the major indices finished the day:
Dow Jones +195 at 26,504
S&P 500 +27 at 2,945
NASDAQ +127 at 8,164
The 10 Year Treasury closed down 2 basis points yielding 2.53%
Oil prices closed up $0.06 ending at $61.88 a barrel
Gold prices closed up $8 ending at $1,280 an ounce
In the days’ stock news:
- Warren Buffet announced that his firm has been buying shares of Amazon.
- Gilead Sciences beat earnings estimates by 15 cents, reporting quarterly profit of $1.76 per share.
- Verizon announced it is seeking a buyer for its Tumblr blogging service which it acquired as an asset when the company bought Yahoo in 2017.
- Weight Watchers lost 9 cents per share vs an expected 26 cent loss