November 6, 2020

November 6, 2020

Stocks were mixed today as traders looked for clarity around the presidential and congressional election results. Sentiment was kept in check by better-than-expected U.S. unemployment data.

 

Dow Jones finished -67 at 28,323

S&P 500 finished -1 at 3,509

NASDAQ finished +4 at 11,895

 

The 10 Year Treasury closed up 4 basis points yielding 0.82%

Oil prices closed down $1.36 ending at $37.43 a barrel

Gold prices closed up $5.80 ending at $1,952 an ounce

 

In the days’ stock news:

 

  • Peloton closed down about 1% despite the stationary bike maker’s better-than-expected quarterly results. The workout company posted earnings of 20 cents per share on revenue of $758 million.
  • Roku jumped more than 12% after the company reported a surprise adjusted profit for its third quarter. The company posted 9 cents in earnings per share on $452 million in revenue.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Daily Updates

November 30, 20.

Stocks fell sharply today as investors cashed in some of...

November 25, 20.

Wall Street consolidated its gains today, with stocks trading flat...

November 24, 20.

Optimism over the pending deployment of a COVID-19 vaccine drove...

Monthly Updates

Dow 30,000.

November through January is traditionally the best time of the...

Rising COVID, F.

October has a bad reputation as it has been the...

Overdue Correct.

Technology stocks helped push the S&P 500 nearly 60% above...

Stay up to date with our newsletter