Quiet Ending To The Week

Friends

It appeared that everyone is ready for a 3 day holiday weekend. We don’t have anywhere to go, mind you, but at least we have a few days to unwind and try to get away from the stress of the Covid-19 world. To that end, trading was uneventful today. Stocks spent the day drifting above and below the breakeven line, with very little conviction. Again, maybe everyone is just mentally a bit tired.

For the day, the Dow Jones Industrial Average was down 8 points to close at 24,465. The S&P 500 was up 6 points to finish the day at 2,955. Gold was up $11 to trade at $1,733, while oil was down $.51 to trade at $33.41 per barrel WTI.

It wasn’t a bad week for stocks, but enthusiasm seemed to wane as the week progressed. Let’s enjoy the 3 day weekend and remember all of our veterans who gave their lives for this great country.

Have a great Memorial Day Weekend everyone.

Jim

Copyright 2016 Carlton, Hofferkamp & Jenks Wealth Management, LLC. All Rights Reserved.

Hand-crafted by Web Design The Woodlands - Design Squid

Top

Log in with your credentials

Forgot your details?