September 27, 2021

September 27, 2021

Stocks were mixed Monday as investors closely monitored developments in Washington, D.C., as lawmakers rush to try and avert a government shutdown.

 

Dow Jones finished +71 at 34,869

S&P 500 finished -12 at 4,443

NASDAQ finished -78 at 14,969

 

The 10 Year Treasury closed up 3 basis points yielding 1.49%

Oil prices closed up $1.46 ending at $75.44 a barrel.

Gold prices closed down $1.70 ending at $1,750 an ounce.

 

In the days’ stock news:

 

  • Carnival closed up more 3.9% after the company issued an upbeat business update on Friday. Carnival said its “voyages are already cash flow positive” and it expects the positive trend to continue.
  • Best Buy closed up 5% after Piper Sandler raised its price target on the stock to $150 from $146 per share. The new projection implies 43.2% upside from Best Buy’s closing price Friday.

 

Daily Updates

January 24, 202.

Stocks had a dramatic comeback today as investors stepped in...

January 21, 202.

Stocks closed down today with investors rotating further away from...

January 18, 202.

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

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