July, 14, 2020

July 14, 2020

After a volatile day yesterday, stocks opened lower this morning, but gained momentum and every major managed to finish in positive territory. In economic news, the consumer price index rose 0.6% in June, which was higher than the expected 0.5% increase.


Dow Jones +557 at 26,643

S&P 500 +42 at 3,198

NASDAQ +98 at 10,489


The 10 Year Treasury closed down 3 basis points yielding 0.62%

Oil prices closed up $0.18 ending at $40.28 a barrel

Gold prices closed down $2 ending at $1,812 an ounce


The days’ stock news:

  • Shares of Delta Airlines dropped about 3% after the company posted a second-quarter loss of $5.7 billion and said it will be more than two years before the airline industry sees a sustainable recovery from the covid-19 pandemic.
  • Ford shares moved 5% higher after the automaker unveiled the new version of their Bronco SUV, marking the Bronco’s return to the Ford lineup after a 24-year absence.
  • Spotify was downgraded at UBS, which said the company’s long-term prospects are now solidly reflected in the stock’s price. The firm also stated the benefits of an expansion in podcasting may be overstated.

Daily Updates

April 22, 2021.

U.S stocks closed down today after reports that President Joe...

April 20, 2021.

U.S. stocks fell for a second day today as strong...

April 19, 2021.

U.S. stocks slipped from record levels to start the week...

Monthly Updates

Stocks Higher f.

Both January and February began with nice rallies and it...

Vaccines and St.

February is historically the only month of the year with...

Profit Taking.

January is traditionally one of the best months of the...

Stay up to date with our newsletter