February 28, 2022

February 28, 2022

The Dow closed down today but the Nasdaq rallied late for a slight gain as investors monitored developments in the Russian invasion of Ukraine.

 

Dow Jones finished -166 at 33,892

S&P 500 finished -11 at 4,373

NASDAQ finished +57 at 13,751

 

The 10 Year Treasury closed down 15 basis points yielding 1.83%

Oil prices closed up $4.24 ending at $95.83 a barrel.

Gold prices closed up $23.20 ending at $1,910 an ounce.

 

In the days’ stock news:

 

  • Renewable Energy Group closed up 40% after Chevron said it would buy the biodiesel maker in an all-cash deal valued at $3.15 billion.
  • First Horizon closed up 29% following news that the company will be acquired by TD in an all-cash deal worth $13.4 billion, or $25 per share, a move that will allow the Canadian banking giant to expand its footprint in the southeastern part of the U.S.

Daily Updates

May 17, 2022.

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

May 16, 2022.

U.S. stocks closed lower today with equities resuming a downward...

May 11, 2022.

U.S. stocks dropped sharply today as investors digested a key...

Monthly Updates

Worst Monthly S.

At the end of March, the S&P 500 was down...

Worst Quarter i.

After back-to-back down months to start the year, March began...

Ukraine Tension.

February is the only month of the year that has,...

Stay up to date with our newsletter