September 1, 2021

September 1, 2021

The S&P 500 closed the first trading day of September near the flatline as the strength in technology shares faded, while investors digested a disappointing employment report.

 

Dow Jones finished -48 at 35,312

S&P 500 finished +1 at 4,524

NASDAQ finished +50 at 15,309

 

The 10 Year Treasury closed down 1 basis point yielding 1.30%

Oil prices closed down $0.24 ending at $68.26 a barrel.

Gold prices closed down $2.00 ending at $1,817 an ounce.

 

In the days’ stock news:

 

  • Campbell Soup closed up more than 2% after it beat top- and bottom-line estimates for the second quarter. It also issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share.
  • Apple closed up 0.45% after the company announced the rollout of a feature that will allow users to add driver’s licenses and state IDs to their Apple Wallet. Arizona and Georgia will be the first states to adopt the feature. Connecticut, Iowa, Kentucky, Maryland, Oklahoma and Utah will follow. Apple didn’t specify a timeline.

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