Wall Street Ends Record-Setting Week With a Bang

The S&P 500 broke above the 5,100 level for the first time earlier in the day

Deputy Editor
Feb 23, 2024 at 4:25 PM
facebook X logo linkedin


Wall Street closed out a winning holiday-shortened week on a high note, with all three major indexes notching record highs. The Dow and S&P 500 continued on to record closes, though the S&P 500 pared gains after breaking above the 5,100 level for the first time earlier in the day, while the Nasdaq reversed course to settle the session lower as the monster response to Nvidia's (NVDA) earnings report wore off. 

Continue reading for more on today's market, including:

closing summary february23

nyse nasdaq february23

5 Things to Know Today

    1. Newfound optimism could hint at a sharp selloff in long-term U.S. government debt. (MarketWatch)
    2. Amazon.com (AMZN) will pay $1.9 million to more than 700 migrant workers following an investigation into human rights abuses. (CNBC)
    3. Online car retailer posts first ever annual profit.
    4. Why Barclays is betting on DraftKings stock.
    5. How to leverage analyst ratings in your trading.

    earningsfeb23

    UVOL Febuary23

    Oil Futures Log Weekly Loss

    Oil prices dropped for the day and posted a 1.9% weekly fall after hopes for the Federal Reserve's near-term interest rate cut hopes dwindled. For the session, April-dated West Texas Intermediate (WTI) crude lost $1.60 cents, or 2%, to finish at $77.01 per barrel.

    Gold prices surged today, with April-dated gold adding $18.70, or 0.9%, to settle at $2,049.40 per ounce. The front-month contract added 0.5% this week, too, after the U.S. dollar softened following the Fed's interest-rate update.

     

    Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

    This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

    On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

    Start targeting gains like the ones our subscribers have seen recently, including:

    213.3% GAIN on AutoNation calls
    100.0% GAIN on Monster Beverage calls
    100.4% GAIN on Walgreens Boots Alliance puts
    100.4% GAIN on ON Semiconductor calls
    257.7% GAIN on Dell calls

    101.0% GAIN on Apollo Global Management calls
    103.6% GAIN on JP Morgan  Chase calls
    105.3% GAIN on DraftKings calls
    101.3% GAIN on Airbnb calls
    203.0% GAIN on Shopify calls
    102.0% GAIN on Cboe Global Markets calls
    100.9% GAIN on Boeing calls
    102.1% GAIN on Microsoft puts
    102.3% GAIN on First Solar calls
    101.5% GAIN on PulteGroup calls
    101.0% GAIN on Apple calls
    209.4% GAIN on NXP Semiconductors calls
    100.8% GAIN on Uber Technologies calls
    100.4% GAIN on Academy Sports and Outdoors puts
    102.2% GAIN on Trade Desk calls
    100.8% GAIN on DoorDash calls
    100.0% GAIN on Camping World Holdings puts
    100.0% GAIN on Cboe Global Markets calls
    100.2% GAIN on C3.ai calls
    238.5% GAIN on Oracle calls

     
     
     


     
     

    Rainmaker Ads CGI