Stocks closed down today with analysts closely watching the end of pandemic-era jobless benefits and its impact on the labor market as the COVID-19 pandemic clouds the outlook. Dow Jones finished -269 at 35,100 S&P 500 finished -15 at 4,520 NASDAQ finished +11 at 15,374 The 10 Year Treasury closed up 5 basis […]
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September 3, 2021
Stocks were mixed today following the release of the Labor Department’s August jobs report, which showed a sharp slowing in hiring last month with the Delta variant’s latest spread. Dow Jones finished -75 at 35,369 S&P 500 finished -2 at 4,535 NASDAQ finished +32 at 15,363 The 10 Year Treasury closed up 3 […]
September 2, 2021
Stocks closed up today as investors awaited more labor market data, which will serve as crucial information in determining the path forward for the monetary policies underpinning risk assets over the past year. Dow Jones finished +131 at 35,443 S&P 500 finished +13 at 4,536 NASDAQ finished +22 at 15,331 The 10 Year […]
September 1, 2021
The S&P 500 closed the first trading day of September near the flatline as the strength in technology shares faded, while investors digested a disappointing employment report. Dow Jones finished -48 at 35,312 S&P 500 finished +1 at 4,524 NASDAQ finished +50 at 15,309 The 10 Year Treasury closed down 1 basis point […]
August 31, 2021
Stocks closed negative today, but the major indexes still closed out August trading with another monthly gain. Dow Jones finished -39 at 35,360 S&P 500 finished -6 at 4,522 NASDAQ finished -7 at 15,259 The 10 Year Treasury closed up 3 basis points yielding 1.31% Oil prices closed down $0.70 ending at $68.51 […]
August 30, 2021
Stocks mostly gained today, extending last week’s advances and reaching a fresh all-time high for the S&P 500 at the start of a busy week for new economic data. Dow Jones finished -56 at 35,399 S&P 500 finished +19 at 4,528 NASDAQ finished +137 at 15,265 The 10 Year Treasury closed down 3 […]
August 27, 2021
Stocks closed positive today as Federal Reserve Chairman Jerome Powell prepared the markets for the central bank to pull back on some of its monetary stimulus, saying it’s likely to start tapering its $120 billion in monthly bond purchases this year. Dow Jones finished +243 at 35,455 S&P 500 finished +39 at 4,509 NASDAQ […]
August 26, 2021
Stocks were down today as investors await more details on the Federal Reserve’s plan to pull back on monetary stimulus from the central bank’s annual symposium on Friday. Dow Jones finished -192 at 35,213 S&P 500 finished -26 at 4,470 NASDAQ finished -96 at 14,945 The 10 Year Treasury closed even yielding 1.34% […]
August 25, 2021
U.S. stocks closed higher today with help by banks and reopening stocks as the 10-year Treasury yield climbed higher. Dow Jones finished +39 at 35,405 S&P 500 finished +10 at 4,496 NASDAQ finished +22 at 15,041 The 10 Year Treasury closed up 5 basis points yielding 1.34% Oil prices closed up $0.78 ending […]
August 24, 2021
Stocks closed at all-time highs as optimism over earnings and the economic reopening at least temporarily outweighed lingering concerns over the virus and changes to monetary policy. Dow Jones finished +31 at 35,366 S&P 500 finished +7 at 4,486 NASDAQ finished +77 at 15,019 The 10 Year Treasury closed up 4 basis points […]