Dow Jones today was higher along with the Nasdaq-100, Russell 2000, and S&P 500 Index or SPX. Overall, the stock market snapped a 3-week losing streak. Some commodities that influence inflation were up as well. These included crude oil, gasoline, natural gas, and gold. The crypto product, bitcoin price showed strength and was up over 10%. Stocks in the green were Microsoft (MSFT), Apple (AAPL), Meta Platforms (META), Alphabet (GOOG), and Chevron (CVX). Next, Scott Connor weighs in on DocuSign (DOCU) stock price rallying today after their earnings report beat estimates. Also, Kroger (KR) stock price hit a 3-month high after strong earnings. Finally, Connor discusses this week’s economic data like the ISM Services Index Non-Manufacturing PMI, MBA Mortgage Applications Composite Index, and Jobless Claims.
10 Sep 2022