MARKETS: YEAR-TO-DATE - 08-16-21 MBrew

 

MARKETS: YEAR-TO-DATE

Nasdaq 14,822.90 +15.01%

S&P 4,468.00 +18.95%

Dow 35,515.38 +16.04%

Bitcoin $47,621.01 +64.20%

10-Year 1.274% +35.5 bps

JPMorgan $159.98 +28.29%

*Stock data as of market close, cryptocurrency data as of 9:00pm ET. Here's what these numbers mean.

Markets: The trend to watch on Wall Street is whether financial and energy companies (the ones most tied to the fortunes of the US economy) will continue to outperform high-flying tech companies. The Dow and S&P begin the week following record closes on Friday. Covid: The US administered nearly 1 million vaccine doses on Saturday, the most since early July. But new Covid hospitalizations for Americans 30–39 have hit a record rate. Meanwhile, vaccination leader Iceland is seeing a surge, though a vast majority of the cases are mild.