December 30, 2020

December 30, 2020

Stocks rose today after closing slightly below all-time highs a day earlier in one of the final sessions of 2020.

 

Dow Jones finished +74 at 30,409

S&P 500 finished +5 at 3,732

NASDAQ finished +20 at 12,870

 

The 10 Year Treasury closed down 1 basis point yielding 0.92%

Oil prices closed up $0.28 ending at $48.28 a barrel

Gold prices closed up $13.50 ending at $1,896 an ounce

 

In the days’ stock news:

 

  • AMC Entertainment fell more than 5% after the company said it may sell up to 50 million of its Class A stock as part of a “shelf offering.”
  • Tesla advanced more than 4% as the stock continues to bounce back from recent selling pressures. Last week the stock dropped 4.8% after the company was added to the S&P 500. So far this week, Tesla has gained about 2.4%.

 

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