November 2, 2020

November 2, 2020

Stocks closed higher today ahead of a busy week of potential market-moving events. Election Day in the U.S., a Federal Reserve meeting, the October jobs report and a slew of corporate earnings results are all on deck.

 

Dow Jones finished +423 at 26,925

S&P 500 finished +40 at 3,310

NASDAQ finished +46 at 10,957

 

The 10 Year Treasury closed even yielding 0.85%

Oil prices closed up $1.33 ending at $37.12 a barrel

Gold prices closed up $16.30 ending at $1,896 an ounce

 

In the days’ stock news:

 

  • Clorox closed up more than 4% as they reported quarterly earnings of $3.22 per share, compared to an estimate of $2.32 a share. Revenue also topped forecasts, as Clorox continued to benefit from purchases by homebound consumers amid the pandemic.
  • Dunkin’ Brands agreed to be acquired by Arby’s owner Inspire Brands for $8.8 billion in cash, or $106.50 per share. Dunkin closed up more than 6%.

 

Daily Updates

June 18, 2021.

Stocks dropped today, with every major index finishing in negative...

June 17, 2021.

Stocks closed the day mixed, with the NASDAQ being the...

June 16, 2021.

After a volatile day, every major index finished in negative...

Monthly Updates

Monthly Market .

May is one of only 2 months during the year...

4th Consecutive.

May is one of only 2 months during the year...

Best Month Sinc.

April is traditionally one of the better months for the...

Stay up to date with our newsletter