U.S. stocks closed up again today as the market continued to rebound from a three-day losing streak spurred by fears about the omicron Covid variant.
Here’s a look at how the major indices finished the day:
Dow Jones finished +261 @ 35,753
S&P 500 finished +47 @ 4,696
NASDAQ finished +181 @ 15,521
The 10 Year Treasury closed down 3 basis points yielding 1.46%
Oil prices closed up $1.80 ending at $72.92 a barrel.
Gold prices closed up $16.80 ending at $1,805 an ounce.
In the days’ stock news:
• CarMax closed down 6% despite their better-than-expected quarterly report. The company posted earnings of $1.63 per share and revenue came in at $8.53 billion.
• Paychex closed up 5.5% after the payroll services company reported strong quarterly earnings. The company posted a profit of 91 cents per share on revenue of $1.11 billion.
Stocks ended the day lower with the DOW, S&P, and...
Stocks ended the week higher, with the DOW, S&P and...
U.S. stocks closed up today as the market bounced back...
May is historically a quiet month for the market and...
April has historically been one of the better months for...
For several months we have been noting stock valuations were...