April 27, 2021

April 27, 2021

Stocks closed mixed today with investors awaiting more corporate earnings results from major companies and a Federal Reserve monetary policy decision on Wednesday.

 

Dow Jones finished +3 at 33,984

S&P 500 finished -1 at 4,186

NASDAQ finished -49 at 14,090

 

The 10 Year Treasury closed up 5 basis points yielding 1.62%

Oil prices closed up $1.32 ending at $63.23 a barrel.

Gold prices closed down $4.30 ending at $1,775 an ounce.

 

In the days’ stock news:

 

  • JetBlue closed down more than 2% following the company’s first quarter results. JetBlue lost $1.48 per share on an adjusted basis, on $733 million in sales.
  • Tesla closed down more than 4%, despite headline beats on earnings and revenue for Tesla’s first quarter. The company’s net profit was boosted by regulatory credits and a $101 million benefit from selling bitcoin. CEO Elon Musk said that issues in the auto supply chain remain a problem for Tesla along with its competitors.

 

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