May 13, 2021

May 13, 2021

Stocks closed higher today with investors digesting the latest stronger-than-expected print on the labor market’s recovery, while still eyeing spiking prices that could throttle the recovery.

 

Dow Jones finished +434 at 34,021

S&P 500 finished +49 at 4,112

NASDAQ finished +93 at 13,124

 

The 10 Year Treasury closed down 4 basis points yielding 1.66%

Oil prices closed down $2.34 ending at $63.74 a barrel.

Gold prices closed up $4.00 ending at $1,826 an ounce.

 

In the days’ stock news:

 

  • Bumble closed down more than 14% despite higher-than-expected sales numbers for the first quarter. Bumble reported first-quarter revenues of $170.7 million.
  • Boeing closed up 0.77% after U.S. airlines started fixing scores of 737 Max planes grounded last month due to an electrical issue. The Federal Aviation Administration approved the repairs that had grounded more than 100 planes in April.

 

Daily Updates

May 17, 2022.

U.S. stocks closed up today as the market bounced back...

May 16, 2022.

U.S. stocks closed lower today with equities resuming a downward...

May 11, 2022.

U.S. stocks dropped sharply today as investors digested a key...

Monthly Updates

New 52 Week Low.

Coming off the month of April that saw the worst...

Worst Monthly S.

At the end of March, the S&P 500 was down...

Worst Quarter i.

After back-to-back down months to start the year, March began...

Stay up to date with our newsletter