December 23, 2021

December 23, 2021

Stocks closed up again today as fears the Omicron variant would derail economic growth cooled among investors who sold-off risky assets at the start of the week on reports of increasing case numbers.

 

Dow Jones finished +197 at 35,950

S&P 500 finished +29 at 4,725

NASDAQ finished +131 at 15,653

 

The 10 Year Treasury closed up 3 basis points yielding 1.49%

Oil prices closed up $1.14 ending at $73.90 a barrel.

Gold prices closed up $7.20 ending at $1,809 an ounce.

 

In the days’ stock news:

 

  • Crocs closed down more than 11% after the footwear maker announced it would buy privately held rival Heydude for $2.5 billion in cash and stock. The companies said they expect the deal to close in the first quarter of next year.
  • Nikola closed up 18% a day after the company announced on Twitter that its first customer delivery is done and signaled there’s more to come.

Daily Updates

July 22, 2022.

Stocks ended the day lower with the DOW, S&P, and...

July 15, 2022.

Stocks ended the week higher, with the DOW, S&P and...

May 17, 2022.

U.S. stocks closed up today as the market bounced back...

Monthly Updates

Rebound Continu.

October has a bad reputation, but an 8% rally that...

Nice Rebound.

October has a bad reputation as it has been the...

Selling to a 21.

September has a well-deserved reputation as the worst month for...

Stay up to date with our newsletter