May 28, 2021

May 28, 2021

Stocks closed up today as investors considered new economic data on consumer spending, income and inflation alongside stronger-than-expected data reports from earlier this week.

 

Dow Jones finished +65 at 34,529

S&P 500 finished +3 at 4,204

NASDAQ finished +12 at 13,748

 

The 10 Year Treasury closed down 3 basis points yielding 1.58%

Oil prices closed down $0.21 ending at $66.64 a barrel.

Gold prices closed up $8.70 ending at $1,907 an ounce.

 

In the days’ stock news:

 

  • Ulta Beauty closed up more than 5% after posting blowout first-quarter financial results after the bell Thursday, reporting earnings of $4.07 per share, more than twice analysts’ estimate of $1.95 per share.
  • Salesforce closed up more than 5% beating on the top and bottom lines of its quarterly earnings. Salesforce earned $1.21 per share on revenue of $5.96 billion.

 

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