September 9, 2020

September 9, 2020

Stocks moved higher today, managing to gain back most of the losses from yesterday. In economic news, average hourly wages increased 0.4% in August, which was higher than expected.


Dow Jones +440 at 27,940

S&P 500 +67 at 3,399

NASDAQ +294 at 11,142


The 10 Year Treasury closed up 2 basis points yielding 0.70%

Oil prices closed up $1.29 ending at $38.05 a barrel

Gold prices closed up $14 ending at $1,949 an ounce


The days’ stock news:

  • Shares of Peloton continued to rise after both Cowen and Goldman Sachs raised their price targets to $110 per share, noting strong demand during the pandemic and the announcement of new products and price cuts.
  • AstraZeneca paused trials of its Covid-19 vaccine candidate after a study participant came down with an unexplained illness. The trials will be on hold while an independent committee reviews safety data.
  • Lyft reported a 7.3% increase in rides during August compared to a month earlier, although that was down 53% from a year ago.

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