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.

 

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