Advertisement
Canada markets closed
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7297
    -0.0023 (-0.32%)
     
  • CRUDE OIL

    82.79
    -0.57 (-0.68%)
     
  • Bitcoin CAD

    87,489.67
    -3,219.94 (-3.55%)
     
  • CMC Crypto 200

    1,385.07
    -39.03 (-2.74%)
     
  • GOLD FUTURES

    2,329.90
    -12.20 (-0.52%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ

    15,712.75
    +16.11 (+0.10%)
     
  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • CAD/EUR

    0.6819
    -0.0017 (-0.25%)
     

Why Restaurant Stocks Were Climbing Today

Why Restaurant Stocks Were Climbing Today

Shares of Brinker International (NYSE: EAT), Darden Restaurants (NYSE: DRI), Dave & Buster's (NASDAQ: PLAY), and BJ's Restaurants (NASDAQ: BJRI) were gaining today on a broad surge in the market after Moderna reported successful phase 1 results with its coronavirus vaccine. Positive comments from Federal Reserve Chairman Jerome Powell in a 60 Minutes interview last night also helped reassure investors and lift stocks today. As of 12:57 p.m. EDT, Brinker stock was up 13.1%, Darden had gained 7.6%, Dave & Buster's was 16.3% higher, and BJ's was up 12.8%.