After a month filled with heavy factory orders, overseas stimulus, and more, we’ve seen another day where the Dow Jones Industrial Average (DJIA), had a significant rise. In the early hours we saw the stock raise up to almost 3 digit gains, but it lowered back down in the afternoon. All in all, it ended up a bit higher than it had the day before, along with the S&P.
Throughout the entire day the DJIA was in the green. After a few spikes through the day, as we’ve come to see in the past few days, it closed at over 40 points above where it was then the day started. 21 different stocks finished higher, led by JPMorgan Chase & Co.’s (NYSE:JPM) 1.8% gain. The biggest loser we saw was Mcdonalds, with a 1.7% loss on the day. Speculation is at an all-time high with Mcdonalds right now, as we’re seeing massive changes.
As far as the S&P 500 goes,(SPX – 2,114.49) it nearly met it’s record high, finishing 6.2 points, or 0.3%, higher. We may see it reach the all-time high today, depending on how the market trades! The Nasdaq Composite (COMP – 5,016.93) gained 11.5 points over the day.
Overally, it was a great day in the market. We saw a lot of stocks go up today. If you invested today, you saw a slight raise in your money unless you were heavily invested in Mcdonalds!