September 28, 2021

September 28, 2021

Stocks dropped today, with the DOW, S&P, and NASDAQ all finishing in negative territory. In economic news, core capital goods orders increased 0.5% during August, up slightly from the previous month.


Dow Jones -569 at 34,300

S&P 500 -90 at 4,353

NASDAQ -423 at 14,547


The 10 Year Treasury closed up 5 basis points yielding 1.53%

Oil prices closed down $0.71 ending at $74.74 a barrel

Gold prices closed down $14 ending at $1,736 an ounce


Corporate news:

  • Shares of Ford increased 1% after the company announced it will be accelerating its push into electric vehicles by investing more than $11 billion, with SK Innovation, in the project with plans for a new U.S. assembly plant and 3 battery factories.


  • Aurora Cannabis reported lower-than-expected quarterly revenue as consumer cannabis sales fell 45% from a year earlier. The company cited Covid-19 restrictions as a key reason for the drop.


  • Spotify launched a global campaign designed to boost advertising sales. The campaign is aimed at small and medium-sized businesses beyond what’s been its traditional focus.

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