Stocks closed higher today as traders shook off a disappointing print on job creation in November. Dow Jones finished +249 at 30,218 S&P 500 finished +32 at 3,699 NASDAQ finished +87 at 12,464 The 10 Year Treasury closed up 5 basis points yielding 0.97% Oil prices closed up $0.39 ending at $46.03 a […]
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December 3, 2020
Stocks rose today after data showed new weekly jobless claims fell more than expected last week, even as businesses contended with many new stay-in-place measures as COVID-19 cases spiked. Dow Jones finished +86 at 29,969 S&P 500 finished -2 at 3,666 NASDAQ finished +28 at 12,377 The 10 Year Treasury closed down 3 […]
December 2, 2020
The S&P 500 and The Dow closed slightly positive after opening lower, as traders paused after Tuesday’s rally. Energy shares led gains as crude oil rebounded from a day earlier. Dow Jones finished +60 at 29,883 S&P 500 finished +7 at 3,669 NASDAQ finished -6 at 12,349 The 10 Year Treasury closed up […]
December 1, 2020
Stocks moved higher today, with every major index finishing up about 1%. In economic news, pending home sales dropped 1.1% in October. Dow Jones +185 at 29,824 S&P 500 +41 at 3,662 NASDAQ +156 at 12,355 The 10 Year Treasury closed up 9 basis points yielding 0.93% Oil prices closed down $0.79 ending at […]
November 30, 2020
Stocks fell sharply today as investors cashed in some of the historically strong gains logged in November. Dow Jones finished -271 at 29,638 S&P 500 finished -17 at 3,621 NASDAQ finished -7 at 12,198 The 10 Year Treasury closed up 1 basis point yielding 0.85% Oil prices closed down $0.40 ending at $45.13 […]
November 25, 2020
Wall Street consolidated its gains today, with stocks trading flat to slightly weaker a day after major benchmarks scaled to new highs. Caution set in as investors digested weekly jobless claims that revealed a labor market that’s still struggling under the weight of the pandemic. Dow Jones finished -174 at 29,872 S&P 500 finished -6 […]
November 24, 2020
Optimism over the pending deployment of a COVID-19 vaccine drove the Dow Jones above 30,000 for the first time ever today, extending a rally that’s carried stocks deep into a bull market. Dow Jones finished +455 at 30,046 S&P 500 finished +58 at 3,635 NASDAQ finished +156 at 12,036 The 10 Year Treasury […]
November 23, 2020
Wall Street rallied today, adding to recent gains as investors weighed new COVID-19 infections — which are leading to rising deaths and a record number of hospitalizations across the U.S. — against the rapidly unfolding timetable for the deployment of a vaccine. Dow Jones finished +328 at 29,591 S&P 500 finished +20 at 3,577 NASDAQ […]
November 20, 2020
Stocks closed lower today as rising new coronavirus cases, coupled with questions around central-bank funding for key emergency programs, cast doubt on a swift economic recovery. Dow Jones finished -220 at 29,263 S&P 500 finished -24 at 3,557 NASDAQ finished -50 at 11,854 The 10 Year Treasury closed down 2 basis points yielding […]
November 19, 2020
Stocks finished in positive territory today, as investors weighed rising COVID-19 cases in the U.S. and increased restrictions against hopes for an effective vaccine. Jobless claims totaled 742,000 for the week which was higher than expected. Dow Jones finished +45 at 29,483 S&P 500 finished +14 at 3,581 NASDAQ finished +103 at 11,904 […]