Stocks dropped today with every major index finishing over 2% lower. This was due to a recent spike in new coronavirus cases in multiple states. In economic news, the IMF slashed its 2020 global economic outlook and sees a sluggish rebound in 2021.
Dow Jones -709 at 25,446
S&P 500 -81 at 3,050
NASDAQ -222 at 9,909
The 10 Year Treasury closed down 3 basis points yielding 0.68%
Oil prices closed down $2.52 ending at $37.84 a barrel
Gold prices closed down $7 ending at $1,775 an ounce
The days’ stock news:
Stocks dipped as traders considered details of President-elect Joe Biden’s...
Stocks closed down today after the Labor Department’s weekly jobless...
The S&P 500 and NASDAQ rose slightly this afternoon after...