Goldman Sachs Serves Boast-Worthy Earnings

The Dow closed 53 points higher

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Schaeffer's Market Recap
4/14/2021
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Tech Trims Gains, Strong Bank Earnings Send Dow to Fresh Peak


By: Laura McCandless

The Dow closed 53 points higher today as strong bank earnings boosted sentiment, and earlier touched an intraday high before trimming its gains. On the other hand, the Nasdaq fell triple digits as Big Tech sank, while the S&P 500 pulled back from its own record peak to close in the red as well. Elsewhere, the Federal Reserve's "Beige Book" survey pointed to economic recovery, but also an uptick in inflation. Meanwhile, Coinbase (COIN) has garnered plenty of attention today with its Nasdaq debut. 

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

  • Goldman Sachs' stellar earnings led the charge today.
  • Check out this week's Schaeffer's Market Mashup, featuring Leigh Drogen: founder and CEO of Estimize Inc.  
  • Plus, airline concern jumps on upgrade; the oil name bouncing back; and STLD's solid run higher. 
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