April 26, 2021

April 26, 2021

The S&P 500 and NASDAQ closed higher today as investors geared up for one of the busiest weeks of the first-quarter earnings season.

 

Dow Jones finished -62 at 33,981

S&P 500 finished +7 at 4,187

NASDAQ finished +122 at 14,138

 

The 10 Year Treasury closed even yielding 1.57%

Oil prices closed down $0.24 ending at $61.90 a barrel.

Gold prices closed up $2.60 ending at $1,780 an ounce.

 

In the days’ stock news:

 

  • Best Buy closed down 0.54% after being downgraded to neutral from buy and slashed its 12-month price target to $125 per share from $135 per share.
  • Albertsons closed down more than 5% despite beating on the top and bottom lines of its quarterly results. The company reported earnings of 60 cents per share, higher than the 51 cents per share forecast by analysts.

 

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