March 12, 2021

March 12, 2021

Stocks traded mixed today as technology stocks came under renewed pressure. Treasury yields resumed their march higher.

 

Dow Jones finished +293 at 32,778

S&P 500 finished +4 at 3,943

NASDAQ finished -79 at 13,319

 

The 10 Year Treasury closed up 10 basis points yielding 1.63%

Oil prices closed down $0.40 ending at $65.62 a barrel.

Gold prices closed up $0.30 ending at $1,722 an ounce.

 

In the days’ stock news:

 

  • DocuSign closed down about 6% despite a fourth-quarter earnings report that beat expectations on the top and bottom lines. DocuSign reported 37 cents in adjusted earnings per share on $430.9 million in revenue.
  • Netflix closed down about 1% after it was announced it would be testing a crackdown on password sharing. A research firm has estimated that about one-third of Netflix users share their passwords.

 

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