U.S stocks closed down today after reports that President Joe Biden is slated to propose much higher capital gains taxes for the rich. Dow Jones finished -321 at 33,815 S&P 500 finished -38 at 4,134 NASDAQ finished -132 at 13,818 The 10 Year Treasury closed down 2 basis points yielding 1.54% Oil prices […]
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April 20, 2021
U.S. stocks fell for a second day today as strong corporate earnings failed to boost a market already near record highs, while an alarming rise in global Covid cases raised concerns about the recovery. Dow Jones finished -256 at 33,821 S&P 500 finished -28 at 4,134 NASDAQ finished -128 at 13,786 The 10 […]
April 19, 2021
U.S. stocks slipped from record levels to start the week as the weakness in the technology sector weighed on the broader market. Dow Jones finished -122 at 34,077 S&P 500 finished -22 at 4,163 NASDAQ finished -138 at 13,914 The 10 Year Treasury closed up 3 basis points yielding 1.60% Oil prices closed […]
April 16, 2021
Stocks closed higher today in another record-setting day on Wall Street, with a batch of stronger-than-expected economic data and corporate earnings results helping fuel a risk rally. Dow Jones finished +165 at 34,200 S&P 500 finished +15 at 4,185 NASDAQ finished +14 at 14,052 The 10 Year Treasury closed up 6 basis points […]
April 15, 2021
U.S. stocks closed at record levels today after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market. Dow Jones finished +305 at 34,035 S&P 500 finished +46 at 4,170 NASDAQ finished +181 at 14,038 The 10 Year Treasury closed down 8 basis […]
April 14, 2021
Stocks closed mixed today with traders digesting a slew of earnings results from big banks that largely topped expectations. Dow Jones finished +54 at 33,730 S&P 500 finished -17 at 4,124 NASDAQ finished -138 at 13,857 The 10 Year Treasury closed up 1 basis point yielding 1.63% Oil prices closed up $2.73 ending […]
April 13, 2021
The market shrugged off this mornings news that the FDA is going to pause the Johnson and Johnson COVID vaccine to look into 6 cases of reported blood clots. J&J is a minor player in the vaccine effort and the blood clots have been found in less than 1 person per million vaccinated but the […]
April 12, 2021
Stocks closed slightly lower today as traders took a pause after the S&P 500 and Dow logged fresh record highs last week. Dow Jones finished -55 at 33,745 S&P 500 finished -1 at 4,127 NASDAQ finished -50 at 13,850 The 10 Year Treasury closed up 1 basis point yielding 1.67% Oil prices closed […]
April 9, 2021
U.S. stocks continued to hit record highs today as Wall Street wrapped up the week with solid gains. Dow Jones finished +297 at 33,800 S&P 500 finished +32 at 4,128 NASDAQ finished +71 at 13,900 The 10 Year Treasury closed up 3 basis points yielding 1.66% Oil prices closed down $0.25 ending at […]
April 8, 2021
Stocks closed higher today with investors awaiting the start of first-quarter earnings season to confirm the boost to corporate profits expected against an improving economic backdrop. Dow Jones finished +57 at 33,503 S&P 500 finished +17 at 4,097 NASDAQ finished +140 at 13,829 The 10 Year Treasury closed down 3 basis points yielding […]