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...
Both January and February began with nice rallies and it...
February is historically the only month of the year with...
January is traditionally one of the best months of the...