December 16, 2020

Stocks rose today, boosted by the Federal Reserve’s latest pledge to support the economy and the apparent progress in U.S. fiscal stimulus negotiations.

Dow Jones finished -45 at 30,154

S&P 500 finished +7 at 3,701

NASDAQ finished +63 at 12,658

The 10 Year Treasury closed even yielding 0.92%

Oil prices closed up $0.23 ending at $47.85 a barrel

Gold prices closed up $12.90 ending at $1,868 an ounce

In the days’ stock news:

Teladoc was down more than 4% after Business Insider reported that Amazon was working on a business that would provide medical care to workers at major companies. The effort would include providing primary care online, according to the report.
GoDaddy advanced more than 2 % after GoDaddy said it is acquiring payment company Poynt. Under the terms of the agreement, GoDaddy will pay $320 million in cash and $45 million in deferred cash payments subject to certain factors over three years. The deal is expected to close in the first quarter of 2021.