December 27, 2021

December 27, 2021

U.S. stocks closed up today as markets reopened after the Christmas holiday and investors assessed the spread of the omicron Covid-19 variant.

 

Dow Jones finished +352 at 36,302

S&P 500 finished +65 at 4,791

NASDAQ finished +218 at 15,871

 

The 10 Year Treasury closed down 1 basis point yielding 1.48 %

Oil prices closed up $2.02 ending at $75.81 a barrel.

Gold prices closed up $1.20 ending at $1,812 an ounce.

 

In the days’ stock news:

 

  • Shares of air travel-related stocks declined following thousands of canceled flights over the holiday weekend due to staffing shortages. Boeing ,Delta, United and American Airlines shares all closed lower.
  • Moderna closed down 1.2% after the Financial Times reported the drugmaker is fighting a shareholder proposal that the company open up its vaccine technology to poorer countries. The proposal calls on Moderna to explain why its prices are so high in light of the amount of government financial support it has received.

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