November 3, 2020

November 3, 2020

Stocks rose today as polls opened Election Day, as investors weighed a host of possible outcomes against a backdrop of an ongoing pandemic and lingering economic strain.

 

Dow Jones finished +555 at 27,480

S&P 500 finished +59 at 3,369

NASDAQ finished +203 at 11,160

 

The 10 Year Treasury closed up 4 basis points yielding 0.89%

Oil prices closed up $1.10 ending at $37.91 a barrel

Gold prices closed up $15.90 ending at $1,908 an ounce

 

In the days’ stock news:

 

  • Ferrari shares popped more than 7% after the luxury car company reported better-than-expected earnings for the previous quarter.
  • Wayfair advanced more than 7% after the company reported quarterly numbers that beat analyst expectations on both the top and bottom lines. Revenue came in at $3.84 billion, which was ahead of expectations.

 

Leave a Reply

Daily Updates

July 22, 2022.

Stocks ended the day lower with the DOW, S&P, and...

July 15, 2022.

Stocks ended the week higher, with the DOW, S&P and...

May 17, 2022.

U.S. stocks closed up today as the market bounced back...

Monthly Updates

Best Q1 Since 2.

March is traditionally an “average” month for the market.  Over...

More New All-Ti.

January was the 3rd consecutive positive month for the S&P...

New All-Time Hi.

January is traditionally a good month for the market as...

Stay up to date with our newsletter