The stock market closed higher today with a choppy trading session, Dow gained more than 470 points
At the close today the US stock market numbers were:
S&P 500: 3,041.31,+39.21(+1.31%)
Dow 30: 25,605.54,+477.37(+1.90%)
Russell 2000: 1,387.68,+31.46(+2.32%)
At 4:28 PM, ET time today the crude oil was higher but the gold price was marginally lower.
Crude Oil: 36.43,+0.09(+0.25%)
The 10-Yr Bond yield today rose at 0.6990,+0.0460(+7.04%).
Hertz Global Holdings, Inc. (HTZ) stock today closed at 2.8300+0.7700 (+37.38%). There was news that “Hertz, after filing for bankruptcy, looks to sell $1B in shares.” Source: https://finance.yahoo.com/video/hertz-looks-sell-1b-shares-161007266.html. Trading HTZ stock now is not investing, it is pure speculation.
eMagin Corporation (EMAN) stock closed at 0.9100+0.3082 (+51.21%) and was among the trending stocks today. Another trending stock for today was IZEA Worldwide, Inc. (IZEA) tumbling more than 35%, with a stock price at the close of 1.7200-1.1000 (-39.01%).
Stock market sectors performance
Utilities were a laggard sector today closing -0.22%, Real Estate was the leader sector today closing +3.16%.
Economic and finance news
The US stock market today made a rebound today and the release of the Michigan Consumer Sentiment Preliminary index beating the expectation was a positive factor. The figure came in at 78.9 better than the forecast of 75, higher than the previous figure of 72.3. Consumer sentiment and consumer spending are top important economic indicators about the state of the US economy.