Dow Jones today finished higher along with the Nasdaq-100, Russell 2000, and S&P 500 Index or the SPX. The stock market snapped a losing streak. Crude oil and gasoline were up, while natural gas was lower. The crypto product, bitcoin reached the $28K price level and did not rally along with equities. Stocks that showed the most strength included Iron Mountain (IRM), Tesla (TSLA), Chipotle (CMG), Nvidia (NVDA), Apple (AAPL). On the other hand, stocks that showed relative weakness included Bristol-Myers Squibb (BMY) and PepsiCo (PEP). Next, Scott Connor discusses Costco (COST) and Ulta Beauty (ULTA) earnings reports that moved both stock prices to the upside. Economic data like Personal Income & Outlays and Consumer Sentiment were released today.
27 May 2022