March 9, 2022

March 9, 2022

Stocks closed up today as recently surging commodity prices, especially oil, cooled off while the war in Ukraine continues.

 

Dow Jones finished +654 at 33,286

S&P 500 finished +107 at 4,277

NASDAQ finished +460 at 13,255

 

The 10 Year Treasury closed up 7 basis points yielding 1.94%

Oil prices closed down $13.39 ending at $110.31 a barrel.

Gold prices closed down $46.30 ending at $1,997 an ounce.

 

In the days’ stock news:

 

  • Boeing closed up 2.7% after Langenberg & Company initiated coverage of the aerospace firm with a buy rating. The move was spurred by “accelerating commercial aerospace recovery and expectations that international travel returns to 75-80% of norm by end of 2022,” analysts wrote.
  • General Electric closed up 3.5% midday following news that the company’s board of directors approved a $3 billion share repurchase program.

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