August 2, 2021

August 2, 2021

Stocks finished the day mixed, with the NASDAQ in positive territory, while the DOW and S&P both dropped lower. In economic news, consumer spending rose 1% during June, more than expected.


Dow Jones -97 at 34,838

S&P 500 -8 at 4,387

NASDAQ +8 at 14,681


The 10 Year Treasury closed down 7 basis points yielding 1.17%

Oil prices closed down $2.56 ending at $71.39 a barrel

Gold prices flat ending at $1,813 an ounce


Corporate news:


  • Shares of Square increased 10% after the company announced it will buy Afterpay, for about $29 billion in stock. This represents a 30% premium for Afterpay shareholders.


  • Uber shares moved higher after the company was given a buy rating by Gordon Haskett Research, which called Uber a company that is continually engraining itself in the everyday lives of consumers through its services.


  • Zoom Video agreed to pay $85 million to settle a lawsuit accusing the company of violating the privacy rights of users. It also agreed to beef up security practices to prevent hackers disrupting Zoom meetings.

Daily Updates

May 17, 2022.

U.S. stocks closed up today as the market bounced back...

May 16, 2022.

U.S. stocks closed lower today with equities resuming a downward...

May 11, 2022.

U.S. stocks dropped sharply today as investors digested a key...

Monthly Updates

New 52 Week Low.

Coming off the month of April that saw the worst...

Worst Monthly S.

At the end of March, the S&P 500 was down...

Worst Quarter i.

After back-to-back down months to start the year, March began...

Stay up to date with our newsletter