S&P, Nasdaq grab new records as Black Friday sees strong start
Dow & S&P on pace for best month since 1928
The Nasdaq Composite led Friday's gains wrapping a winning week for the broader U.S. equity markets in the shortened holiday session on Black Friday.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
I:COMP | NASDAQ COMPOSITE INDEX | 15605.481263 | -52.34 | -0.33% |
TSLA | TESLA INC. | 180.00 | -3.29 | -1.79% |
The tech-heavy composite rose over 111 points, or 0.9%, helped in part by Tesla, which continues to smash records.
Elon Musk's electric-vehicle maker, which will be added to the S&P 500 on Dec. 21, has seen its market cap soar to $555 billion through Friday.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
SP500 | S&P 500 | 5018.39 | -17.30 | -0.34% |
I:DJI | DOW JONES AVERAGES | 37903.29 | +87.37 | +0.23% |
The S&P 500 also closed at a fresh record rising 0.24%, while the Dow Jones Industrial Average rose over 37 points just below that key 30,000 level reached for the first time in history earlier this week.
DOW, S&P, NASDAQ RISE 2% FOR THE WEEK
All three of the major U.S. averages clocked gains of over 2% for the week.
Americans are spending as Black Friday kicked off the holiday shopping season heading into Cyber Monday. Already, online sales hit a record $5.1 billion, as tracked by Adobe Analytics. Major retailers closed mixed on Friday.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
WMT | WALMART INC. | 58.82 | -0.51 | -0.86% |
TGT | TARGET CORP. | 156.42 | -4.53 | -2.81% |
AMZN | AMAZON.COM INC. | 178.86 | +3.86 | +2.21% |
W | WAYFAIR INC. | 50.52 | +0.35 | +0.70% |
Vaccine news continues to dictate market sentiment.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
AZN | ASTRAZENECA PLC | 76.41 | +0.53 | +0.70% |
AstraZeneca was little changed after CEO Pascal Soriot told Bloomberg News that the company will likely conduct a new trial of its COVID-19 vaccine as some participants received incorrect dosages. Other vaccine makers, Pfizer, Moderna and BioNTech, tacked on gains.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
PFE | PFIZER INC. | 27.17 | +1.56 | +6.08% |
MRNA | MODERNA INC. | 111.46 | +1.15 | +1.04% |
BNTX | BIONTECH SE | 89.95 | +1.13 | +1.27% |
Slack Technologies Inc. dipped as traders digest a possible deal with Salesforce.com Inc. Slack shares soared 38% after news of advanced talks between the two companies broke on Wednesday. A deal could be announced, according to reports, early next week valuing slack around $17 billion.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
WORK | n.a. | n.a. | n.a. | n.a. |
CRM | SALESFORCE INC. | 268.69 | -0.25 | -0.09% |
Looking at commodities, West Texas Intermediate crude oil fell 33 cents to $45.25 per barrel, while gold plunged over $21.00 to $1,790 an ounce, losing the key $1,800 support level.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
USO | UNITED STATES OIL FUND L.P. | 75.93 | -2.45 | -3.13% |
GLD | SPDR GOLD SHARES TRUST - EUR ACC | 213.78 | +1.78 | +0.84% |
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