U.S. stocks reversed from a sharp sell-off and closed higher today as a rally in bond yields eased, while a stronger-than-expected jobs report boosted optimism for a faster economic reopening.
Dow Jones finished +572 at 31,496
S&P 500 finished +73 at 3,841
NASDAQ finished +197 at 12,920
The 10 Year Treasury closed up 1 basis point yielding 1.55%
Oil prices closed up $2.41 ending at $66.24 a barrel.
Gold prices closed down $2.80 ending at $1,698 an ounce.
In the days’ stock news:
U.S. stocks rose on Friday as better-than-expected third-quarter earnings reports...
Stocks closed up today after a slew of earnings results...
Stocks closed up today as investors digested new earnings data...