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Daily Market Updates

April 7, 2021

After Monday’s rally to yet another new all-time high the S&P 500 has spent the last 2 days treading water as investors try to determine the next move. The market was mixed today with little in the way of market moving news. At the close: Dow +16 to 33446 S&P 500 +6 to 4080 NASDAQ […]

April 6, 2021

Stocks closed lower as traders took a pause after Monday’s record-setting rally.   Dow Jones finished -97 at 33,430 S&P 500 finished -4 at 4,073 NASDAQ finished -7 at 13,698   The 10 Year Treasury closed down 7 basis points yielding 1.65% Oil prices closed up $0.77 ending at $59.42 a barrel. Gold prices closed […]

April 5, 2021

U.S. stocks closed with record highs today as a strong bounce in U.S. job growth last month raised expectations for a swift economic recovery from the pandemic.   Dow Jones finished +374 at 33,527 S&P 500 finished +58 at 4,077 NASDAQ finished +225 at 13,705   The 10 Year Treasury closed down 1 basis point […]

April 1, 2021

Stocks began the 2nd quarter with every major index finishing the day positive. In economic news, there were 719,000 jobless claims last week, higher than the expected 675,000.   Dow Jones +172 at 33,153 S&P 500 +47 at 4,020 NASDAQ +233 at 13,480   The 10 Year Treasury closed down 7 basis points yielding 1.68% […]

March 31, 2021

U.S. stocks rose today led by technology shares as investors weighed the potential impact from President Joe Biden’s infrastructure spending plan.   Dow Jones finished -86 at 32,981 S&P 500 finished +14 at 3,972 NASDAQ finished +201 at 13,246   The 10 Year Treasury closed up 1 basis point yielding 1.73% Oil prices closed down […]

March 30, 2021

U.S. stocks fell today as major technology shares came under pressure again after the 10-year Treasury yield touched its highest level intraday since January 2020.   Dow Jones finished -104 at 33,066 S&P 500 finished -12 at 3,958 NASDAQ finished -14 at 13,045   The 10 Year Treasury closed even yielding 1.71% Oil prices closed […]

March 29, 2021

U.S. stocks fluctuated today with weakness in bank stocks caught in the downdraft of Friday’s margin call, as investors assessed the ripple effect from the forced block trades.   Dow Jones finished +98 at 33,171 S&P 500 finished -3 at 3,971 NASDAQ finished -79 at 13,059   The 10 Year Treasury closed up 5 basis […]

March 25, 2021

The Dow closed up 199 points in a late-day rebound which was led by stocks benefiting from reopening.   Dow Jones finished +199 at 32,619 S&P 500 finished +20 at 3,909 NASDAQ finished +16 at 12,977   The 10 Year Treasury closed up 2 basis points yielding 1.63% Oil prices closed down $2.78 ending at […]

March 24, 2021

The S&P 500 gave up earlier gains and closed in the red today as tech stocks sold off, continuing a market rotation out of high-flying growth names.   Dow Jones finished -3 at 32,420 S&P 500 finished -21 at 3,889 NASDAQ finished -266 at 12,961   The 10 Year Treasury closed down 3 basis points […]

March 23, 2021

Stocks closed down today as Wall Street marks the one-year anniversary since Covid-19 lows.   Dow Jones finished -308 at 32,423 S&P 500 finished -30 at 3,910 NASDAQ finished -150 at 13,227   The 10 Year Treasury closed down 6 basis points yielding 1.62% Oil prices closed down $4.00 ending at $57.56 a barrel. Gold […]

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