November 17, 2021

November 17, 2021

U.S. stocks closed down today as investors weighed a continuation of strong earnings reports from big-box retailers against lingering inflation concerns.

 

Dow Jones finished -211 at 35,931

S&P 500 finished -12 at 4,688

NASDAQ finished -52 at 15,921

 

The 10 Year Treasury closed down 4 basis points yielding 1.59%

Oil prices closed down $2.45 ending at $78.31 a barrel.

Gold prices closed up $14.80 ending at $1,868 an ounce.

 

In the days’ stock news:

 

  • Target shares closed down 4.7% despite posting beats on the top and bottom lines. Their CEO noted rising costs may have an impact on the company going forward as it plans to absorb those costs rather than pass them onto the customer.
  • Rivian closed down more than 15% in its first losing session since the electric vehicle maker went public last Wednesday. The company quickly surpassed traditional automakers like Ford and GM in market value since its IPO.

 

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

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...

Ukraine Tension.

February is the only month of the year that has,...

Stay up to date with our newsletter