Indexes Finish Session Higher as Apple Shares Attempt to Recover

Gold edged lower after yesterday's promising session

Deputy Editor
Sep 15, 2020 at 4:33 PM
facebook X logo linkedin


After beginning the session with a strong performance, stocks pulled back slightly to close out the day with modest gains. Most notably, the Dow began the day with a triple digit rise, but finished just 2 points higher, as shares of Apple (AAPL) struggled, eventually rising to close the session within the last few minutes of trading. Elsewhere, the S&P 500 and the Nasdaq also managed a close in the black, amid promising economic data from the Empire State Manufacturing index, which came in at 17 for September. A continued rally in Big Tech helped the latter index lock in a not-so-modest, triple-digit win.

Continue reading for more on today's market, including:

    • How this broadcasting giant's c-suite shakeup weighed heavy.
    • KHC shares rose on company's $2 billion pledge.
    • Plus, more on Amazon's Luxury Stores; 3M stock's win streak could snap; and FRAN's dismal second-quarter results in bankruptcy buzz.

    The Dow Jones Industrial Average (DJI - 27,995.60) added 2.3 points, or 0.01%. Salesforce.com (CRM) paced the list of winners today, finishing the day 2% higher. Meanwhile, Caterpillar (CAT) landed at the bottom with a modest 3.2% drop.

    Meanwhile, the S&P 500 Index (SPX - 3,401.20) gained 17.7 points, or 0.5% for the day. The Nasdaq Composite (IXIC - 11,190.32) tacked on 133.7 points, or 1.2% for today's session. 

    Lastly, the Cboe Volatility Index (VIX - 25.59) fell 0.3 point, or 1%.

    Indexes Sept 15

    NYSESept15

    1. Wayfair (W), Etsy (ETSY), and Amazon.com (AMZN) are just a few e-tailers that have outperformed in 2020, and the shift toward online spending is only accelerating as the coronavirus pandemic shows few signs of slowing down. (MarketWatch)
    2. Both parties of Congress are committed to passing a coronavirus relief legislation in an effort to snap a month-long impasse. (Reuters)
    3. Amazon.com stock was boosted after launching Luxury Stores.
    4. An upbeat forecast might not be enough to extend MMM's win streak.
    5. Bankruptcy is a grim reality for this boutique chain.

    EarningsSept15

    UVOLSept15

    Data courtesy of Trade-Alert

    Gold Closes at Highest Finish in Weeks

    Oil finished higher once again today, as worries surrounding the incoming hurricane Sally shook southern U.S. states and crude production. Meanwhile, demand concerns are equally as strong as industry experts predicted a slower recovery from the pandemic than previously expected. October-dated crude added $1.02, or 2.7%, to settle at $38.28 per barrel.

    Elsewhere, gold rose to close at a two-week high, thanks to a rise in U.S. Treasury note yields. Meanwhile, eyes remained on the outcome of the two-day U.S. Federal Reserve's meeting. Gold for December-delivery tacked on $2.50, or 0.1%, to settle at $1,966.20 an ounce.

     

    Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

    This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

    On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

    Start targeting gains like the ones our subscribers have seen recently, including:

    213.3% GAIN on AutoNation calls
    100.0% GAIN on Monster Beverage calls
    100.4% GAIN on Walgreens Boots Alliance puts
    100.4% GAIN on ON Semiconductor calls
    257.7% GAIN on Dell calls

    101.0% GAIN on Apollo Global Management calls
    103.6% GAIN on JP Morgan  Chase calls
    105.3% GAIN on DraftKings calls
    101.3% GAIN on Airbnb calls
    203.0% GAIN on Shopify calls
    102.0% GAIN on Cboe Global Markets calls
    100.9% GAIN on Boeing calls
    102.1% GAIN on Microsoft puts
    102.3% GAIN on First Solar calls
    101.5% GAIN on PulteGroup calls
    101.0% GAIN on Apple calls
    209.4% GAIN on NXP Semiconductors calls
    100.8% GAIN on Uber Technologies calls
    100.4% GAIN on Academy Sports and Outdoors puts
    102.2% GAIN on Trade Desk calls
    100.8% GAIN on DoorDash calls
    100.0% GAIN on Camping World Holdings puts
    100.0% GAIN on Cboe Global Markets calls
    100.2% GAIN on C3.ai calls
    238.5% GAIN on Oracle calls

     
     
     


     
     

    Rainmaker Ads CGI