February 9, 2021

February 9, 2021

Stocks end mixed with the Nasdaq closing above 14,000 for the first time ever while the S&P 500 and Dow end six-session winning streak.

 

Dow Jones finished -10 at 31,375

S&P 500 finished -4 at 3,911

NASDAQ finished +20 at 14,007

 

The 10 Year Treasury closed even yielding 1.16%

Oil prices closed up $0.36 ending at $58.33 a barrel.

Gold prices closed up $2.30 ending at $1,836 an ounce.

 

In the days’ stock news:

 

  • Coty’s shares slid more than 15% after Coty said revenue fell 16% year over year. The company did, however, beat earnings estimates during the second quarter.
  • Canopy Growth – The marijuana stock jumped more than 11% after Canopy’s third-quarter revenue topped expectations. The company reported $153 million revenue, while analysts had estimated $150 million.

 

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