December 6, 2021

Stocks closed up today with investors further weighing the potential impacts of the Omicron variant after last week’s unstable trading. Bitcoin prices edged marginally lower after a weekend sell-off.

Dow Jones finished +647 at 35,227

S&P 500 finished +53 at 4,591

NASDAQ finished +140 at 15,225

The 10 Year Treasury closed up 10 basis points yielding 1.44%

Oil prices closed up $3.58 ending at $69.84 a barrel.

Gold prices closed down $3.50 ending at $1,780 an ounce.

In the days’ stock news:

Alibaba closed up 10.4% after the company announced a reorganization of its international and domestic e-commerce businesses. Alibaba also said it will replace its CFO.
Kohl’s closed up 5.4% following news that activist investor Engine Capital is recommending that Kohl’s consider either a sale of the company or a separation of its e-commerce business.