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:
U.S stocks closed down today after reports that President Joe...
U.S. stocks fell for a second day today as strong...
U.S. stocks slipped from record levels to start the week...