October 27, 2021

October 27, 2021

The S&P 500 fell from a record high today as the momentum from a strong earnings season started to fade.

 

Dow Jones finished -266 at 35,490

S&P 500 finished -23 at 4,551

NASDAQ finished flat at 15,235

 

The 10 Year Treasury closed down 8 basis points yielding 1.54%

Oil prices closed down $2.57 ending at $82.08 a barrel.

Gold prices closed up $5.90 ending at $1,799 an ounce.

 

In the days’ stock news:

 

  • Coca-Cola closed up 1.9% after their quarterly results beat on both top and bottom lines. Coca-Cola reported adjusted earnings of 65 cents per share, 7 cents higher than the Refinitiv consensus estimate. The company also hiked its full-year forecast.
  • Boeing closed down 1.5% after a wider-than-expected quarterly loss. The aircraft maker posted an adjusted quarterly loss of 60 cents per share, compared with 20 cents per share expected. Revenue also missed expectations.

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

Selling to a 21.

September has a well-deserved reputation as the worst month for...

Selling Resumes.

The worst first 6 months for the market in 52...

Best Month Sinc.

Rising interest rates, rising oil prices and rising inflation sent...

Stay up to date with our newsletter