Stocks moved higher to begin the week as investors remain optimistic about the reopening of the economy. In economic news, 2.5 million new jobs were added in May, the largest increase ever recorded. Dow Jones +460 at 27,572 S&P 500 +38 at 3,232 NASDAQ +111 at 9,925 The 10 Year Treasury closed down 2 basis points yielding 0.88% Oil prices closed down $1.34 ending at $38.21 a barrel Gold prices… Read More ›
Daily Market Updates
Feb. 7, 2020
Stocks dropped today, breaking a four-day winning streak. In economic news, U.S. added 225,000 jobs in January vs. 158,000 expected. Here’s a look at how the major indices finished the day: Dow Jones -277 at 29,103 S&P 500 -18 at 3,328 NASDAQ -52 at 9,521 The 10 Year Treasury closed down 7 basis points yielding 1.58% Oil prices closed down $0.53 ending at $50.42 a barrel Gold prices closed up… Read More ›
June 5, 2020
The markets opened higher and never looked back, with all three major indexes finishing the day up over 2%. This was due to the unemployment rate unexpectedly dropping Dow Jones +829 at 27,111 S&P 500 +82 at 3,194 NASDAQ +198 at 9,814 The 10 Year Treasury closed up 8 basis points yielding 0.90% Oil prices closed up $1.95 ending at $39.34 a barrel Gold prices closed down $39 ending at… Read More ›
June 3, 2020
Stocks opened higher for a second straight morning and continued higher throughout the day as investors remain optimistic about the reopening of the economy. Dow Jones +527 at 26,270 S&P 500 +42 at 3,123 NASDAQ +75 at 9,683 The 10 Year Treasury closed up 8 basis points yielding 0.76% Oil prices closed up $0.10 ending at $36.91 a barrel Gold prices closed down $34 ending at $1,700 an ounce … Read More ›
June 2, 2020
Stocks opened higher this morning and after a volatile day every major index managed to finish in positive territory. In economic news, the U.S. manufacturing activity has pulled off an 11 year low in May. Dow Jones +268 at 25,743 S&P 500 +25 at 3,081 NASDAQ +56 at 9,608 The 10 Year Treasury closed up 2 basis points yielding 0.68% Oil prices closed up $1.41 ending at $36.85 a barrel… Read More ›