April 14, 2021

April 14, 2021

Stocks closed mixed today with traders digesting a slew of earnings results from big banks that largely topped expectations.

 

Dow Jones finished +54 at 33,730

S&P 500 finished -17 at 4,124

NASDAQ finished -138 at 13,857

 

The 10 Year Treasury closed up 1 basis point yielding 1.63%

Oil prices closed up $2.73 ending at $62.91 a barrel.

Gold prices closed down $11.00 ending at $1,736 an ounce.

 

In the days’ stock news:

 

  • Coinbase — On its first day of trading, Coinbase closed at $328 per share. Coinbase shares opened at $381 per share on the Nasdaq Wednesday morning, giving the cryptocurrency exchange an initial market cap of $99.6 billion on a fully-diluted basis.
  • Moderna closed up more than 6% after Moderna said its Covid-19 vaccine was more than 90% effective at protecting against the virus six months after a person’s second shot. The data was based on more than 900 cases of the virus.

 

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