October 15, 2020

October 15, 2020

Stocks fell today for a third straight day of losses as investors are becoming less optimistic about a fiscal stimulus before the U.S. election and a host of new virus-related restrictions in Europe.

 

Dow Jones finished -19 at 28,494

S&P 500 finished -5 at 3,483

NASDAQ finished -55 at 11,713

 

The 10 Year Treasury closed up 1 basis point yielding 0.73%

Oil prices closed down $0.07 ending at $40.97 a barrel

Gold prices closed up $4.20 ending at $1,911 an ounce

 

In the days’ stock news:

 

  • Shares of BioNTech closed up more than 4% after the company said its late-stage trial of its Covid-19 vaccine candidate remains on track, and side effects are in line with those seen in earlier studies.
  • Sleep Number’s stock rallied more than 11% after the company reported quarterly results that beat analyst expectations. Sleep Number reported a profit of $1.79 per share on revenue of $531.2 million.

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