market wrap 09.30.20

The Dow closed at 27,781.70 – up 329.04

The S&P 500 closed at 3,363.00 – up 27.53

The Nasdaq closed at 11,167.51 – up 82.26

USDA inventory report sparked the rally in corn and soybeans.

  • Nonfarm payrolls increased by 1.37 million in August vs. Dow Jones estimates of 1.32 million.

The unemployment rate dropped to 8.4% from 10.2% in July and well below the expected 9.8%.

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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