📈 Stock Market Today: AAPL, TSLA, MSFT and CHWY – Here's what you need to know:

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Stock Market Today | March 31, 2021

Here’s what happened in the markets today, Wednesday, March 31st — in 5 minutes or less.

Today is the last day of the month, and stocks finished higher.

Let’s take a look at the indices:

The Dow finished 0.3% lower but up 5% for the month,
the S&P 500 gained 0.4% and 2.7% for the month,
and the NASDAQ finished 1.5% higher, and with today’s close, the NASDAQ managed to finish the month positive – with 0.24%

So what happened?

Not much.

Traders were waiting for the announcement from President Biden. In a few minutes, he will outline a 2-3 trillion dollar infrastructure spending plan. And he’s expected to raise taxes on corporations to finance this plan.

On the economic calendar, we had some great news to the ADP non-farm employment: private-sector payrolls jumped by 517,000 in March. It was the largest gain in six months. That’s good news, and we will get the full picture on Friday when the jobs report for last month will be released.

Today, “growth stocks” were in the green again:
– Apple (AAPL) gained 1.9%,
– Facebook (FB) was up 2.3% and
– Tesla (TSLA) finished 5% higher.

Microsoft (MSFT) finished 1.7% higher after news that it was awarded a $22 billion U.S. Army contract. The contract has Microsoft building more than 120,000 “augmented reality headsets” over the next 10 years.

Chewy (CHWY) jumped 5.4% after reporting better than expected earnings last night. But the stock closed well off of the day’s highs. At one point CHWY was up almost 15%!

Tomorrow will be the last trading day of the week because on Friday, the markets are closed in observance of Good Friday.

But the March jobs report is still scheduled for release that morning, and traders expect good numbers: They believe that 655,000 jobs were added in March and that the unemployment rate falls to 6% from 6.2%,

For tomorrow, I’m expecting some volatile trading going into the long 3-day weekend.

This wraps up today’s stock market news in 5 min or less.

If you enjoyed the “Stock Market Today” video, make sure to subscribe to this channel.
And for more stock market news, visit https://rockwelltrading.com.

#todaysstockmarket #stockmarkettoday
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Comments

GamePlayRaja says:

Are you alright markus? You forgot to review of April 1st stock market

Cody Brown says:

Favorite Stock Trading Youtuber!!

D-Crypted Investments says:

Do you provide signals for what you are wheeling?

Super Trooper says:

Awesome Markus, Always enjoyed your sessions on premarket prep. Glad I found your channel.

Ajay Godara says:

Thanks Markus. Appreciate your efforts!

Thumper Bumper says:

Awesome update. Seems like an odd market this week, lacking volatility. It is what it is.

Roger concepcion says:

Look forward to your market analysis everyday .. appreciate and thank you for your valuable and straight to the point delivery .God bless you !

漢仔 says:

really grateful for the info thnx.

Tony Chia says:

Thanks for the update Marcus

Mike D says:

Hi Markus, wie gehts es enin! Was curious if you’re doing any Tesla options…thanks again 🙂

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