March 11, 2021

March 11, 2021

Stocks closed higher today after Congress passed another expansive coronavirus relief package. Technology shares rebounded, and Treasury yields steadied

 

Dow Jones finished +189 at 32,485

S&P 500 finished +41 at 3,939

NASDAQ finished +330 at 13,398

 

The 10 Year Treasury closed up 1 basis point yielding 1.53%

Oil prices closed up $1.69 ending at $66.13 a barrel.

Gold prices closed down $0.40 ending at $1,722 an ounce.

 

In the days’ stock news:

 

  • Bumble closed up more than 10% following Bumble’s first quarterly update as a publicly traded company. Bumble reported revenue of $165.6 million, versus the expected $163.3 million. The company also gave an upbeat forecast for the current quarter.
  • Roblox closed up more than 6% on its second day of trading after Cathie Wood’s Ark Invest purchased more than 500,000 shares of the stock for her Ark Next Generation Internet ETF today.

Daily Updates

July 30, 2021.

Stocks declined today, with every major index finishing in negative...

July 29, 2021.

Stocks moved higher today, with every major index finishing in...

July 28, 2021.

Stocks finished the day mixed with the NASDAQ moving higher,...

Monthly Updates

Six Straight Mo.

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

Best First Half.

Monthly Market Recap - June June is traditionally a very...

Monthly Market .

May is one of only 2 months during the year...

Stay up to date with our newsletter