AllMarket Update
logoArgusMarch 02, 2021

Market Update: HFC, M, PXD, BRK/B

Financial Services, Energy, Consumer Cyclical

Stocks fell on Tuesday morning, giving up some of Monday's strong gains, as investors continued to watch bond yields and awaited Senate debate on the stimulus bill, which has already been approved by the House. On the vaccine front, in a deal facilitated by the White House, Merck has agreed to help Johnson & Johnson manufacture additional doses of its coronavirus vaccine. The Dow fell 0.3%, the S&P 0.6%, and the Nasdaq 1.2%. Crude oil traded near $61 per barrel, while gold rose $3 to $1726 per ounce.

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