Friends
All was quiet on the political front (well, kind of anyway), and all was quiet on the stock trading front also. The only economic data point that we got today was the February Pending Home Sales Index number which came in much higher than expected and should signal improvement for the existing home sales numbers for March and April. Other than that, it was a quiet day all around and stocks were mixed.
By the close, the Dow Jones Industrial Average was down 42 points to finish the day at 20,659. The S&P 500 was up 2 points to close at 2,361. Gold was down $2 to trade at $1,252 per ounce, while oil was up $1.08 to trade at $49.45 per barrel WTI.
Tomorrow, we get one more look at 4th Qtr 2016 GDP (that’s really old news at this point), but other than the weekly jobless claims, there is not much scheduled that could move markets. Let’s see if we get a tweet or two that gets things stirred up.
Have a nice evening everyone.
