August 31, 2021

Stocks closed negative today, but the major indexes still closed out August trading with another monthly gain.

Dow Jones finished -39 at 35,360

S&P 500 finished -6 at 4,522

NASDAQ finished -7 at 15,259

The 10 Year Treasury closed up 3 basis points yielding 1.31%

Oil prices closed down $0.70 ending at $68.51 a barrel.

Gold prices closed up $5.00 ending at $1,817 an ounce.

In the days’ stock news:

Zoom closed down more than 16% after its quarterly report showed slowing revenue growth among tough year-over-year comparisons as offices reopen and live events return.
NetEase the Chinese gaming giant closed up 8.8% after reporting better-than-expected second-quarter earnings, with revenue in line with forecasts. The stock fell Monday, when China’s National Press and Publication Administration published a new rule limiting kids’ online video game time to just three hours per week to safeguard their physical and mental health.