October 26, 2021

October 26, 2021

Stocks extended gains to set fresh record highs today as investors took in another hefty set of earnings and economic data

 

Dow Jones finished +16 at 35,756

S&P 500 finished +8 at 4,574

NASDAQ finished +9 at 15,235

 

The 10 Year Treasury closed down 2 basis points yielding 1.61%

Oil prices closed up $0.90 ending at $84.66 a barrel.

Gold prices closed down $11.70 ending at $1,795 an ounce.

 

In the days’ stock news:

 

  • Raytheon Technologies closed down 2.3% after Raytheon Technologies’ third-quarter revenue came in at $16.21 billion, below the $16.37 billion expected.
  • Facebook closed down 3.9% after Facebook missed estimates for revenue and monthly active user growth for the third quarter. Facebook’s earnings per share of $3.22 beat estimates by 3 cents, according to Refinitiv.

 

 

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