Stocks advanced today, with every major index finishing in positive territory. In economic news, U.S. existing-home sales dropped in September.
Here’s a look at how the major indices finished the day:
Dow Jones Industrial +45 at 26,834
S&P 500 +9 at 3,004
NASDAQ +16 at 8,120
The 10 Year Treasury closed down 1 basis point yielding 1.76%
Oil prices closed up $1.34 ending at $55.82 a barrel
Gold prices closed up $7 ending at $1,494 an ounce
In the days’ stock news:
- Boeing shares moved 1% after the jet maker beat revenue estimates and is still targeting a 4th quarter return for its 737 MAX jet, even though most airlines have cut Max flights from their schedule until early 2020.
- Chipotle Mexican Grill beat earnings and revenue estimates, along with having comparable sales up 11% during the quarter and digital sales soaring over 85%.
- Amazon announced the expansion of its Counter program, which gives customers the option of picking up packages in-store at staffed locations.
- iRobot beat earnings and revenue estimates. However, the company gave a weaker than expected holiday season outlook, as tariffs weigh on its vacuum sales among other factors.