ow Jones today finished higher along with the Nasdaq-100, S&P 500 Index or the SPX, and the Russell 2000. The stock market today rallied. In terms of energy products that influence inflation, crude oil and natural gas were up, but the gasoline price was down almost 3%. The bitcoin price continues to trend along the $29K level. Next, Scott Connor weighs in on financial and energy sectors leading the way. Specifically, Costco (COST), ConocoPhillips (COP), Schlumberger (SLB), and Bank of America (BAC) stocks finished in the positive. On the other hand, Amazon (AMZN) and Home Depot (HD) stocks saw some weakness. JPMorgan (JPM) stock price was up today after the company raised FY22 interest outlook to over $56B. Autodesk (ADSK) stock price fell to a new 2-year low ahead of their earnings report. Finally, Connor discusses economic data that impacted the stock market.
23 May 2022