March 9, 2021

March 9, 2021

U.S. stocks jumped today after a drop in bond yields helped investors into the beaten-up technology sector.

 

Dow Jones finished +30 at 31,832

S&P 500 finished +54 at 3,875

NASDAQ finished +465 at 13,073

 

The 10 Year Treasury closed down 5 basis point yielding 1.54%

Oil prices closed down $1.23 ending at $63.82 a barrel.

Gold prices closed up $35.20 ending at $1,713 an ounce.

 

In the days’ stock news:

 

  • Stitch Fix closed down more than 28% after missing analysts’ revenue expectations as shipping delays and lower customer spending  ate into sales. Stitch Fix lowered its revenue forecast for the current quarter and fiscal year.
  • Dick’s Sporting Goods dropped about 6% despite the company beating Wall Street estimates on the top and bottom lines for its fourth quarter.

Daily Updates

April 22, 2021.

U.S stocks closed down today after reports that President Joe...

April 20, 2021.

U.S. stocks fell for a second day today as strong...

April 19, 2021.

U.S. stocks slipped from record levels to start the week...

Monthly Updates

Stocks Higher f.

Both January and February began with nice rallies and it...

Vaccines and St.

February is historically the only month of the year with...

Profit Taking.

January is traditionally one of the best months of the...

Stay up to date with our newsletter