The Dow finished 448 points higher
| 7/09/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Benchmarks Score Record Closes, Third-Straight Weekly Wins | By: Laura McCandless | The Dow finished the week strong with a 448-point gain to secure a record close on Friday. The Nasdaq and S&P 500 jumped to record closes as well, with all three indexes securing their third-straight weekly wins. The 10-year Treasury yield rebounded today, too, as yesterday's shaky reopening sentiment appears to have been pushed to the wayside. However, investors are keeping a cautious eye on tightened Covid-19 restrictions in several countries as the delta variant continues to surge. Meanwhile, U.S. wholesale inventories climbed a better-than-expected 1.3% in May as demand picked up. Continue reading for more on today's market, including: - This biotech name looks to be on the rebound.
- Buy the dip on this tech stock.
- Plus, breaking down the basics of implied volatility; LEVI's earnings beat; and why some are criticizing Wells Fargo.
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