Stocks fell in afternoon trading today, reversing an earlier rally that came after President Joe Biden picked Jerome Powell to continue to lead the Federal Reserve.
Dow Jones finished +17 at 35,619
S&P 500 finished -15 at 4,682
NASDAQ finished -203 at 15,854
The 10 Year Treasury closed up 8 basis points yielding 1.62%
Oil prices closed up $0.47 ending at $76.41 a barrel.
Gold prices closed down $46.80 ending at $1,804 an ounce.
In the days’ stock news:
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