February 3, 2021

February 3, 2021

Stocks closed mixed today as investors digested a series of corporate earnings results and more news on both the vaccine and stimulus fronts out of Washington.

 

Dow Jones finished +36 at 30,723

S&P 500 finished +4 at 3,830

NASDAQ finished -2 at 13,610

 

The 10 Year Treasury closed up 3 basis points yielding 1.13%

Oil prices closed up $1.05 ending at $55.81 a barrel.

Gold prices closed up $1.40 ending at $1,835 an ounce.

 

In the days’ stock news:

 

  • Alphabet jumped more than 7% after Alphabet reported quarterly results that beat analyst expectations on the top and bottom line. The company earned an adjusted $22.30 per share on $56.90 billion in revenue during the fourth quarter.
  • Spotify shares closed down more than 8% after Spotify reported a wider-than-expected loss for the prior quarter.

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