November 16, 2021

November 16, 2021

Stocks closed positive today with traders digesting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.

 

Dow Jones finished +55 at 36,142

S&P 500 finished +18 at 4,700

NASDAQ finished +120 at 15,973

 

The 10 Year Treasury closed up 2 basis points yielding 1.64%

Oil prices closed down $0.11 ending at $80.77 a barrel.

Gold prices closed down $15.00 ending at $1,851 an ounce.

 

In the days’ stock news:

 

  • Home Depot closed up more than 5% after the home improvement retailer beat on earnings. The company reported earnings of $3.92 per share on revenue of $36.82 billion.
  • Peloton closed up more than 15% in midday trading after announcing it plans to sell roughly 23.9 million shares of its Class A common stock at a public offering price of $46, netting the company about $1.07 billion.

 

 

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