March 25, 2021

The Dow closed up 199 points in a late-day rebound which was led by stocks benefiting from reopening.

Dow Jones finished +199 at 32,619

S&P 500 finished +20 at 3,909

NASDAQ finished +16 at 12,977

The 10 Year Treasury closed up 2 basis points yielding 1.63%

Oil prices closed down $2.78 ending at $58.40 a barrel.

Gold prices closed down $8.20 ending at $1,725 an ounce.

In the days’ stock news:

Darden Restaurants closed up more than 8% after the company reported earnings ahead of analysts’ expectations. Darden said it’s forecasting fiscal fourth-quarter results will show that it’s on the way to recovering from the impact of the coronavirus pandemic as more customers flock to Olive Garden and its other chains.
Rite Aid dropped more than 20% after Rite Aid said it expects to report a net loss for fiscal 2021. The company said sales of cough, cold and flu-related products declined by nearly 37% during the most recent quarter.