The Dow Jones Industrial Average rose over 130 points or 0.37%, while the S&P 500 and Nasdaq Composite gained 0.35% and 0.21%, respectively. All three of the major averages closed at fresh record highs.
|I:DJI||DOW JONES AVERAGES||34996.18||+126.02||+0.36%|
|I:COMP||NASDAQ COMPOSITE INDEX||14733.239713||+31.32||+0.21%|
Disney shares led the Dow after confirming ‘Black Widow’ pulled in $215 million globally at the Weekend Box Office. The benchmark is inching closer to the key 35,000 level.
|DIS||THE WALT DISNEY CO.||184.62||+7.66||+4.33%|
Virgin Galactic shares, reversed morning gains, after floating a potential $500 million stock sale after billionaire Richard Branson blasted successfully into orbit. The stock fell over 17% nearly matching its worst drop on record when it fell 18.9% in March of last year.
Next up, Amazon founder Jeff Bezos is set to take off next Tuesday with Blue Origin releasing early details of the flight.
|SPCE||VIRGIN GALACTIC HOLDINGS INC.||40.51||-8.76||-17.78%|
|UFO||PROCURE ETF TRUST II PROCURE SPACE ETF||30.75||-0.29||-0.93%|
|ARKX||ARK ETF TR SPACE EXPLORATION & INNOVAT||20.86||-0.04||-0.19%|
Johnson & Johnson shares slipped-on reports the Food & Drug Administration will issue a warning over its COVID-19 vaccine and possible links to Guillain-Barre Syndrome reported two weeks after the shot.
Also, Tesla shares rose as CEO Elon Musk testified in person over the $2.6 billion acquisition of Solar City after some shareholders disputed the deal.
Earnings from the big banks, including Wells Fargo, will kick off tomorrow, with one-quarter of the financial firms reporting this week. Charles Schwab will report on Thursday.
|JPM||JPMORGAN CHASE & CO.||158.00||+2.66||+1.71%|
|GS||THE GOLDMAN SACHS GROUP, INC.||380.73||+8.74||+2.35%|
|WFC||WELLS FARGO & CO.||44.17||+0.24||+0.55%|
|SCHW||THE CHARLES SCHWAB CORP.||71.70||+1.23||+1.75%|
Other key earnings will come from Delta Airlines on Wednesday and American Outdoor Brands Thursday.
|DAL||DELTA AIR LINES, INC.||42.85||-0.07||-0.16%|
|AOUT||AMERICAN OUTDOOR BRANDS INC.||34.18||+0.39||+1.15%|
In commodities, oil fell 46 cents per barrel or 0.62% to $74.10. While gold lost $4.50 per troy ounce or 0.25% to $1805.50.
Overseas, European markets all closed with gains as the FTSE 100 Index rose 3.54 points or 0.05% to 7125.42, Germany’s DAX gained 102.58 points or 0.65% to 15790.51, France’s CAC gained 29.83 points or 0.46% to 6559.25. While the EURO STOXX 50 Index ended up 25.29 points or 0.62% to 4093.38.
Asian stocks also advanced with the NIKKEI 225 Index rising 628.60 points or 2.25%, the Shanghai Composite Index up 23.75 points or 0.67%, and the Hang Seng Index is up 170.70 points or 0.62%.