Stocks closed up today to recover some losses after Friday’s slide, when uncertainty over a new coronavirus variant stoked instability across global markets.
Dow Jones finished +236 at 35,135
S&P 500 finished +61 at 4,655
NASDAQ finished +291 at 15,782
The 10 Year Treasury closed up 3 basis points yielding 1.51%
Oil prices closed up $1.46 ending at $69.61 a barrel.
Gold prices closed down $3.00 ending at $1,785 an ounce.
In the days’ stock news:
• Ebay closed down more than 2% after announcing it’s acquiring Sneaker Con Digital, the sneaker authentication business of the marketplace Sneaker Con.
• Zoom Video closed down 0.6%, as some of Friday’s enthusiasm for the stay-at-home stocks cooled. Shares of the company rose nearly 6% on Friday as the omicron Covid-19 variant sparked investors to rotate into areas of the market that benefit when consumers are at home.
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