September 22, 2020

September 22, 2020

Stocks moved higher today, snapping a 4-day losing streak, with every major index finishing up about 1%. In economic news, Fed chair Powell said the Federal Reserve will support the economy for as long as it needs too.


Dow Jones +140 at 27,288

S&P 500 +35 at 3,316

NASDAQ +185 at 10,964


The 10 Year Treasury closed down 1 basis point yielding 0.66%

Oil prices closed up $0.29 ending at $39.60 a barrel

Gold prices closed down $4 ending at $1,898 an ounce


The days’ stock news:

  • Shares of Amazon moved 6% higher after Bernstein upgraded the company, saying the 16% pullback its stock has seen over the last few weeks has created an attractive entry point. Amazon has had a 50% increase in fulfillment capacity this year.
  • Walmart is partnering with Goldman Sachs to provide lines of credit to third-party merchants who sell their products on
  • Vroom and Carvana both moved over 10% higher after the companies were upgraded at Goldman Sachs, which noted the potential for long-term growth in the auto sales.

Daily Updates

January 22, 202.

Stocks traded lower today, pulling back from record highs as...

January 21, 202.

The Nasdaq closes at another record as Big Tech jumps...

January 20, 202.

Stocks climbed for a second day to record levels as...

Monthly Updates

Dow 30,000.

November through January is traditionally the best time of the...

Rising COVID, F.

October has a bad reputation as it has been the...

Overdue Correct.

Technology stocks helped push the S&P 500 nearly 60% above...

Stay up to date with our newsletter