All three benchmarks enjoyed weekly wins
| 4/09/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow, SPX Score Record Closes Despite Inflation Concerns | By: Laura McCandless | The Dow enjoyed triple-digit gains today, securing a new record close and finishing the week with a win. The other major benchmarks also ended the week firmly in the black, with the S&P 500 climbing to its third-straight record close, while the Nasdaq finished today's session with a solid win after a last-minute surge. Inflation concerns nipped at the market's gains today, after data showing the producer price index (PPI) rising a higher-than-expected 1% in March, as well as hitting its largest annual gain in nine years. In response, the 10-year Treasury yield, which has been a major market mover in recent weeks, rose slightly. Continue reading for more on today's market, including: - Cigarette name trading near recent highs after analyst upgrade.
- OKTA was upgraded after yesterday's analyst meeting.
- Plus, the sports gambling stock making moves; HON hit with bull notes; and a look at AMRS' rally out of penny-stock territory.
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