Stock market today July 27, 2020
July 27, 2020
Stock market today, a rally for tech stocks
A tech rally sent all major stock indices higher today. The US stock market closed higher focused on the earnings reports as some bellwether companies will report later this week their latest financial performance. Nasdaq outperformed with gains of more than 170 points.
Stock market today at the close
S&P 500: 3,239.41,+23.78(+0.74%)
Dow 30: 26,584.77,+114.88(+0.43%)
Russell 2000: 1,483.01,+15.46(+1.05%)
At 4:11 PM, ET time today both oil price and gold price were higher.
Crude Oil: 41.62,+0.33(+0.80%)
At 4:12 PM, ET time today the 10-yr bond yield was higher at 0.6090+0.0200 (+3.40%). A sustained rally for bond yields and a selloff for bond prices could send stock prices higher and this is due to low-interest rates that support the stock market moving higher, but not ignoring the valuation of stocks at any time.
Stocks that moved today
Sogou Inc. (SOGO): 8.51+2.76 (+48.00%)
Aphria Inc. (APHA):5.74+0.63 (+12.33%)
Ocugen, Inc. (OCGN): 0.6280+0.2511 (+66.62%)
Stock market data: Yahoo Finance