January 11, 2021

January 11, 2021

Stocks fell today as investors took a pause following last week’s record-setting rally.

 

Dow Jones finished -89 at 31,008

S&P 500 finished -25 at 3,799

NASDAQ finished -166 at 13,036

 

The 10 Year Treasury closed up 3 basis points yielding 1.14%

Oil prices closed down $0.18 ending at $52.06 a barrel.

Gold prices closed up $10.70 ending at $1,846 an ounce.

 

In the days’ stock news:

 

  • Twitter sunk more than 6% after Twitter decided to permanently suspect President Donald Trump’s account.
  • Nio advanced more than 6% after the company announced plans for a new sedan.
  • Lululemon closed down 1% despite announcing it expects earnings and sales for the fourth quarter to come in at the high end of its prior guidance, citing strong performance during the holidays.

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