December 1, 2021

December 1, 2021

Stocks gave up solid gains and closed negative today after the CDC confirmed the first case of omicron in the U.S.

 

Dow Jones finished -462 at 34,022

S&P 500 finished -54 at 4,513

NASDAQ finished -284 at 15,254

 

The 10 Year Treasury closed down 2 basis points yielding 1.41%

Oil prices closed down $0.85 ending at $65.33 a barrel.

Gold prices closed up $4.00 ending at $1,780 an ounce.

 

In the days’ stock news:

 

  • Build-A-Bear Workshop closed up 27% after reporting generated record revenue for the third quarter and raised its full year guidance. It also authorized up to $25 million in share buybacks.
  • Salesforce closed down 11% on the back of mixed fourth-quarter guidance, which overshadowed better-than-expected results for the third quarter. Salesforce also announced Bret Taylor as new co-CEO, alongside Marc Benioff.

 

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