Stock market today closed higher, Dow gained more than 700 points
“Stocks jump on COVID-19 treatment optimism, reopening talk.”, Source : Yahoo Finance.
These two key drivers sent stock indexes higher today, and small-cap stocks higher with Russell 2000 gaining more than 4%. This is the US stock market update today at the close:
S&P 500: 2,874.56,+75.01(+2.68%)
Dow 30: 24,242.49,+704.81(+2.99%)
Russell 2000: 1,229.10,+51.01(+4.33%)
Oil prices fell today below the $20 per barrel level. At 4:30 PM, ET time the latest prices were:
Crude Oil: 18.14,-1.73(-8.71%)
10-Yr Bond yield: 0.6540,+0.0450(+7.39%)
The Vix index fell to 38.15,-1.96(-4.89%).
Stocks that moved
The Boeing Company (BA) stock gained more than 14%, closing at 154.00+19.76 (+14.72%).
“(Reuters) – Boeing Co said on Friday it would resume operations at production facilities in Philadelphia next week after a two week suspension due to the spread of the coronavirus.
The company said operations at its Philadelphia plants, which manufacture military rotorcraft including the H-47 Chinook, V-22 Osprey and MH-139A Grey Wolf, would restart on Monday with enhanced safety measures.
Boeing said on Thursday it would resume the production of commercial jets next week in Washington state.”