Stocks end with solid gains but off the highs

S&P up +0.62%

The S&P closed higher on the day by 13.10 points or +0.62% to 2139.40. The high extended up to 2144.38. The low was at 2135.49

The Nasdaq was up by 44.01 points or +0.85% to 5243.836. The high peaked at 5264.27.

The Dow was up 75.54 points. The high water mark was up about 140 points. So there was some back filling into the close.

IN the US debt market:

  • 2 year note yield 0.7986% -1.6 basis points
  • 5year note yield 1.2294%,, -2.4 basis points
  • 10 year note yield 1.7432%, -2.2 basis points
  • 30 year bond yield 2.5061%, -1.5 basis points

US crude oil futures are trading at $50.36,, plus $.42 or 0.84%

Spot gold is trading at $1262. + $6.63 or +0.53% on the day.

Intel's earning after the close was weaker on a earnings perspective but revenues were higher. The stock is trading down 3-4% from the closing level in after hour trading. Yahoo earnings beat estimates ($0.20 vs $0.14) with revenues in line with expectations.

Featured Videos