December 28, 2020

December 28, 2020

Stocks jumped today after President Donald Trump signed a virus relief package following a multi-day delay.

 

Dow Jones finished +204 at 30,403

S&P 500 finished +32 at 3,735

NASDAQ finished +95 at 12,899

 

The 10 Year Treasury closed even yielding 0.93%

Oil prices closed down $0.56 ending at $47.67 a barrel

Gold prices closed down $6.50 ending at $1,876 an ounce

 

In the days’ stock news:

 

  • DoorDash fell more than 6% after a Wall Street Journal column highlighted how a new bill in California could hurt delivery services. The regulation would require businesses to have stated agreements with restaurants, potentially hurting the growth strategy for some services.
  • Apple advanced more than 3% among strength in Big Tech. The advance comes after Apple posted its fourth straight week of gains.

 

Daily Updates

January 27, 202.

U.S. stocks fell sharply today among disappointing earnings, while concern...

January 26, 202.

Stocks opened higher but ended the day down with every...

January 25, 202.

After a volatile day, stocks finished mixed, with the S&P...

Monthly Updates

Dow 30,000.

November through January is traditionally the best time of the...

Rising COVID, F.

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

Overdue Correct.

Technology stocks helped push the S&P 500 nearly 60% above...

Stay up to date with our newsletter