September 23, 2021

September 23, 2021

U.S. stocks jumped for a second day as fears around a crisis in China’s property market eased somewhat and as the Federal Reserve kept current monetary stimulus in place for just a little bit longer.

 

Dow Jones finished +507 at 34,764

S&P 500 finished +53 at 4,448

NASDAQ finished +155 at 15,052

 

The 10 Year Treasury closed up 9 basis points yielding 1.42%

Oil prices closed up $1.00 ending at $73.23 a barrel.

Gold prices closed down $30.90 ending at $1,747 an ounce.

 

In the days’ stock news:

 

  • Darden Restaurants closed up more than 6% after reporting earnings of $1.76 per share, higher than the $1.64-per-share forecast.
  • Salesforce closed up 7% after raising its full-year 2022 revenue guidance to between $26.25 billion and $26.35 billion. The company also gave 2023 revenue guidance of $31.65 billion to $31.80 billion.

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