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.

 

Daily Updates

March 8, 2021.

Stocks opened the week mixed, with the DOW being the...

March 5, 2021.

U.S. stocks reversed from a sharp sell-off and closed higher...

March 4, 2021.

Stocks fell sharply today after Federal Reserve Chair Powell failed...

Monthly Updates

Vaccines and St.

February is historically the only month of the year with...

Profit Taking.

January is traditionally one of the best months of the...

Dow 30,000.

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

Stay up to date with our newsletter