September 10, 2021

September 10, 2021

Stocks fell again today with investors growing more cautious about the COVID-19 pandemic’s impact on the economy.

 

Dow Jones finished -272 at 34,607

S&P 500 finished -35 at 4,458

NASDAQ finished -133 at 15,115

 

The 10 Year Treasury closed up 4 basis points yielding 1.34%

Oil prices closed up $1.52 ending at $69.66 a barrel.

Gold prices closed down $11 .00 ending at $1,789 an ounce.

 

In the days’ stock news:

 

  • Apple closed down 3.3% after a judge ruled that Apple could not force app developers to use in-app purchasing. The decision will allow developers to direct users to pay through another platform and cut out Apple, which takes a percentage of in-app purchases.
  • Affirm closed up more than 34% after issuing quarterly results. Affirm reported revenue of $261.8 million in the fiscal fourth quarter, beating analysts’ expectations and marking a 71% growth. The buy now, pay later company also issued an upbeat guidance for the current quarter.

Daily Updates

January 18, 202.

The major averages fell sharply Tuesday after Goldman Sachs reported...

January 14, 202.

Stocks were mostly lower today at the end of an...

January 13, 202.

U.S. stocks closed negative today as investors considered a fresh...

Monthly Updates

Omicron Fears E.

Last month we pointed out that December is the best...

Another Covid V.

November is historically a good month for the market and...

Best Month of t.

Earnings are the fuel that drives the train and the...

Stay up to date with our newsletter