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Daily Market Updates

February 22, 2021

The rotation from technology to value that saw the NASDAQ lose 4.4% last week continued into trading today with the NASDAQ shedding another 2.5% while the 30 stock Dow finished with a small gain. Tech has been leading the way for most of the pandemic, but the recent move higher in interest rates in giving […]

February 19, 2021

Stocks closed mixed today after Treasury Secretary Janet Yellen said a large stimulus package is needed for a full economic recovery.   Dow Jones finished +1 at 31,494 S&P 500 finished -7 at 3,906 NASDAQ finished +9 at 13,874   The 10 Year Treasury closed up 5 basis points yielding 1.34% Oil prices closed down […]

February 18, 2021

Stocks fell today after a new report on the U.S. labor market sharply disappointed with 861,000 initial jobless claims.   Dow Jones finished -120 at 31,493 S&P 500 finished -17 at 3,913 NASDAQ finished -100 at 13,865   The 10 Year Treasury closed even yielding 1.29% Oil prices closed down $1.07 ending at $60.07 a […]

February 17, 2021

The Dow Jones rose in unstable trading today, closing with another record which was boosted by a jump in Verizon and Chevron shares.   Dow Jones finished +90 at 31,613 S&P 500 finished -1 at 3,931 NASDAQ finished -82 at 13,965   The 10 Year Treasury closed down 2 basis points yielding 1.28% Oil prices […]

February 16, 2021

The S&P 500 closed  slightly lower as investors grow concerned about surging bond yields.   Dow Jones finished +64 at 31,522 S&P 500 finished -2 at 3,932 NASDAQ finished -48 at 14,047   The 10 Year Treasury closed up 10 basis points yielding 1.30% Oil prices closed up $0.71 ending at $60.18 a barrel. Gold […]

February 12, 2021

Stocks ended slightly higher on Friday, with the S&P 500 and Nasdaq closing out the session at record levels.   Dow Jones finished +28 at 31,458 S&P 500 finished +18 at 3,934 NASDAQ finished +70 at 14,095   The 10 Year Treasury closed up 4 basis points yielding 1.20% Oil prices closed up $1.38 ending […]

February 11, 2021

Stocks closed mixed today as investors digested a host of corporate earnings results and considered policymakers’ next moves to support the still virus-stricken economy.   Dow Jones finished -7 at 31,430 S&P 500 finished +6 at 3,916 NASDAQ finished +53 at 14,025   The 10 Year Treasury closed up 1 basis point yielding 1.16% Oil […]

February 10, 2021

U.S. stocks closed mixed in the unstable session today as investors saw a batch of solid corporate earnings as well as data showing subdued inflation.   Dow Jones finished +62 at 31,437 S&P 500 finished -1 at 3,909 NASDAQ finished -35 at 13,972   The 10 Year Treasury closed down 3 basis points yielding 1.13% […]

February 9, 2021

Stocks end mixed with the Nasdaq closing above 14,000 for the first time ever while the S&P 500 and Dow end six-session winning streak.   Dow Jones finished -10 at 31,375 S&P 500 finished -4 at 3,911 NASDAQ finished +20 at 14,007   The 10 Year Treasury closed even yielding 1.16% Oil prices closed up […]

February 8, 2021

Stocks began the week with every major index moving up about 1%. In economic news, U.S. productivity decreased 4.8% during the 4th quarter. This was larger than the expected 2.8% drop.   Dow Jones +238 at 31,386 S&P 500 +29 at 3,916 NASDAQ +131 at 13,988   The 10 Year Treasury closed down 1 basis […]

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