September 2, 2020

September 2, 2020

Stocks rose today continuing a strong start to September for the market as traders took profits out of high-flying names like Apple and Tesla and snapped up shares in more beaten-down parts of the market.

Dow Jones finished +455 at 29,100

S&P 500 finished +54 at 3,580

NASDAQ finished +117 at 12,056


The 10 Year Treasury closed down 2 basis points yielding 0.65%

Oil prices closed down $1.23 ending at $41.53 a barrel

Gold prices closed down $30 ending at $1,948 an ounce


In the days’ stock news:


  • Peloton the exercise equipment maker jumped more than 8% after JPMorgan called the company a “top pick.” The firm raised its price target on the stock to a Street high of $105 based on ongoing demand. Shares are up more than 200% this year.
  • Shares of DraftKings closed up more than 8% after the sports gambling company announced that basketball great Michael Jordan will join the company’s board as an advisor.

Daily Updates

April 19, 2021.

U.S. stocks slipped from record levels to start the week...

April 16, 2021.

Stocks closed higher today in another record-setting day on Wall...

April 15, 2021.

U.S. stocks closed at record levels today after key companies...

Monthly Updates

Stocks Higher f.

Both January and February began with nice rallies and it...

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...

Stay up to date with our newsletter