Dow Jones today finished in the green along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. Stocks began the week with a massive rally. Some energy commodities that influence inflation like crude oil, gasoline, and natural gas were lower. The crypto product, bitcoin price was up over 2% and traded in the $19K level. Stocks that showed strength included Tesla (TSLA), Amazon (AMZN), Alphabet (GOOG), Meta Platforms (META), and American Tower (AMT). Next, Scott Connor weighs in on Bank of America (BAC) stock price rising after earnings beat. Also, Roblox (RBLX) September users grew 23% year-over-year. Finally, Connor discusses economic data like the Empire State Manufacturing Index.
17 Oct 2022