Despite an early morning appearance on CNBC by famed Hedge Fund Manager Ray Dalio in which he brought a significant helping of gloom and doom, markets did seem to find a little footing today. Now, the volatility was still amazing, but there appeared to be buyers for dips today as well as the usual sellers for every rally.
On the health/medical front we did get some updates on treatments that are still early in development or just being tested, but the news was good and our medical community is doing a fantastic job, just when we need them the most.
As for today, by the close the Dow Jones Industrial Average was up 189 points to finish the day at 20,088. The S&P 500 was up 11 points to close at 2,409. Gold was up $1 to trade at $1,478 per ounce, while oil was up a whopping $5.07 to trade at $25.44 per barrel WTI.
It has been a very busy and difficult week for many Americans, and it’s likely to even challenge us more in the coming days and weeks. But, we are here to take it one day at a time and keep you informed and updated as we move forward. Let’s see how the week finishes out tomorrow.
Have a nice evening everyone.