Dow Locks In 407-Point Win After Lackluster Week

By Staff of Schaeffer's Research

Monday, August 7, 2023 4:29 PM EDT

A fresh week brought in a healthy 407-point win for the Dow, with credit due to another batch of big-name earnings. Berkshire Hathaway (BRK-A) created plenty of post-earnings buzz, and the focus was also on Tesla (TSLA) after news broke that its CFO is departing. The S&P 500 and Nasdaq also handed in gains.

Closing Indexes Summary Aug 7

NYSE and Nasdaq Stats Aug 7

Coroprate Earnings Aug 7

Unusual Options Activity Aug 7

OIL, GOLD COOL AFTER LAST WEEK'S SURGE

Crude prices are cooling after last week's notable pop to almost four-month highs. September-dated crude fell 88 cents, or 1.1%, to settle at $81.94 per barrel on the day.

Gold also pulled back to start the new week. December-dated gold tacked on $6.10, or 0.3%, to settle at $1,970 an ounce for the session.

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Dow Rises Over 300 Points To Start The Week
Major Indexes Suffer Daily, Weekly Losses
Weekly Losses In Sight Despite Big Gains For Dow, Nasdaq

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