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The major averages rebounded sharply today following three days of losses among fears about the fast-spreading Covid omicron variant.   Dow Jones finished +561 @ 35,492 S&P 500 finished +81 @ 4,649 NASDAQ finished +360 @ 15,341   The 10 Year Treasury closed up 5 basis points yielding 1.47% Oil prices closed up $2.84 ending […]

Stocks closed down today at the start of a holiday-shortened week of trading, with investors considering renewed virus-related restrictions overseas.   Dow Jones finished -433 at 34,932 S&P 500 finished -53 at 4,568 NASDAQ finished -189 at 14,980   The 10 Year Treasury closed up 2 basis points yielding 1.42% Oil prices closed down $2.20 […]

Stocks closed down today as investors turned away from growth shares in anticipation of tighter monetary policy next year.   Dow Jones finished -532 at 35,365 S&P 500 finished -48 at 4,620 NASDAQ finished -11 at 15,169   The 10 Year Treasury closed down 1 basis point yielding 1.42% Oil prices closed down $1.97 ending […]

Stocks opened higher this morning but ended the down with the DOW, S&P and NASDAQ all finishing in negative territory. In economic news, there were 206,000 jobless claims last week, 6% more than expected.   Dow Jones -30 at 35,898 S&P 500 -41 at 4,669 NASDAQ -385 at 15,180   The 10 Year Treasury closed […]

Stocks closed up after the Federal Reserve signaled a more aggressive unwinding of its monthly bond buying, as expected by the market, and forecast multiple rate hikes on the way next year.   Dow Jones finished +383 at 35,927 S&P 500 finished +76 at 4,709 NASDAQ finished +328 at 15,565   The 10 Year Treasury […]

U.S. stocks fell today as Big Tech stocks moved lower and new inflation data continued to show a sharp rise in prices.   Dow Jones finished -107 at 35,544 S&P 500 finished -35 at 4,634 NASDAQ finished -176 at 15,237   The 10 Year Treasury closed up 2 basis points yielding 1.44% Oil prices closed […]

Stocks closed down today as investors remained cautious about how the omicron variant will impact the economy and what the Federal Reserve will announce Wednesday.   Dow Jones finished -320 at 35,650 S&P 500 finished -43 at 4,668 NASDAQ finished -217 at 15,413   The 10 Year Treasury closed down 7 basis points yielding 1.42% […]

Stocks closed up today as investors considered a key inflation report ahead of the Federal Reserve’s final policy-setting meeting of the year next week.   Dow Jones finished +216 at 35,970 S&P 500 finished +45 at 4,712 NASDAQ finished +113 at 15,630   The 10 Year Treasury closed even yielding 1.49% Oil prices closed up […]

US stocks closed mixed today as traders took a pause from the rebound rally and turned their attention to inflation data due out on Friday.   Dow Jones finished flat at 35,754 S&P 500 finished -34 at 4,667 NASDAQ finished -270 at 15,517   The 10 Year Treasury closed down 2 basis points yielding 1.49% […]

U.S. stocks closed higher today as investors continued to bet the impact of the omicron variant would not be as threatening as many previously thought.   Dow Jones finished +35 at 35,754 S&P 500 finished +14 at 4,701 NASDAQ finished +100 at 15,786   The 10 Year Treasury closed up 5 basis points yielding 1.53% […]