February 9, 2022

Stocks closed up today as investors considered another batch of solid quarterly corporate earnings results and looked ahead to more reports.

Dow Jones finished +305 at 35,768

S&P 500 finished +66 at 4,587

NASDAQ finished +296 at 14,490

The 10 Year Treasury closed down 1 basis point yielding 1.95%

Oil prices closed up $0.72 ending at $90.08 a barrel.

Gold prices closed up $5.50 ending at $1,833 an ounce.

In the days’ stock news:

Lyft closed up more than 6% after beating on the top and bottom lines of its quarterly results. Gains were capped by the fact that Lyft reported fewer active riders than in the prior quarter.
CVS Health closed down 5.5% even after the company topped expectations in its fourth-quarter earnings report, as demand for at-home Covid tests and vaccines lifted overall store sales. The drugstore chain administered more than 20 million Covid vaccines in the three-month period, a significant jump from the number it gave in each of the prior two quarters.