March 1, 2021

March 1, 2021

U.S. stocks staged a rebound rally today with all three indices jumping as retreating Treasury yields and vaccine optimism boosted risk assets.

 

Dow Jones finished +603 at 31,535

S&P 500 finished +91 at 3,901

NASDAQ finished +396 at 13,588

 

The 10 Year Treasury closed down 3 basis points yielding 1.43%

Oil prices closed down $1.09 ending at $60.41 a barrel.

Gold prices closed down $7.10 ending at $1,722 an ounce.

 

In the days’ stock news:

 

  • Boeing closed up more than 5% after United Airlines said it is buying 25 additional 737 Max planes and taking delivery of other orders earlier than previously planned.
  • NRG Energy closed up more than 10% after fourth-quarter revenue came in higher than expected. NRG generated just over $2 billion in revenue for the quarter. The company said that the the impact of the Texas winter storm didn’t alter its guidance for 2021.

Daily Updates

October 15, 202.

U.S. stocks rose on Friday as better-than-expected third-quarter earnings reports...

October 14, 202.

Stocks closed up today after a slew of earnings results...

October 13, 202.

Stocks closed up today as investors digested new earnings data...

Monthly Updates

End of the Winn.

Over the past few months, we have been pointing out...

7 Month Winning.

The S&P 500 was on a 6-month 18% winning streak...

Six Straight Mo.

July has historically been the best month of the year...

Stay up to date with our newsletter