May 27, 2021

May 27, 2021

Stocks rose today after new jobless claims came in lower than expected at 406,000 hitting a new pandemic low.

 

Dow Jones finished +139 at 34,464

S&P 500 finished +5 at 4,200

NASDAQ finished -2 at 13,736

 

The 10 Year Treasury closed up 3 basis points yielding 1.60%

Oil prices closed up $0.60 ending at $66.81 a barrel.

Gold prices closed down $3.10 ending at $1,898 an ounce.

 

In the days’ stock news:

 

  • General Motors closed up more than 3% after announcing it will restart production at five assembly plants in North America next week, which had halted production because of a global semiconductor chips shortage.
  • Dollar General closed up 1.8% after the company reported quarterly earnings of $2.82 per share. Analysts were expecting earnings of $2.19 a share. Dollar General also raised its full-year forecast, citing enhanced performance from the most recent round of government stimulus checks.

 

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