Stocks Higher Before Jobs Number

Jul 1, 2021 | Market Commentary

Friends

 

It was a quiet but positive start to the second half of the year for stocks. The first half of the year will be a hard act to follow for the market averages, but sentiment remains constructive for the moment.

 

For the day, by the close the Dow Jones Industrial Average was up 131 points to finish the day at 34,633. The S&P 500 was up 22 points to close at 4,319. The Nasdaq Composite Index was up 18 points to close at 14,522. Gold was up $4 to trade at $1,776 per ounce, while oil was up $1.40 to trade at $74.87 per barrel WTI.

 

I would imagine that tomorrow would be somewhat quiet leading into the 4th of July holiday weekend. Nevertheless it was a nice solid start to the second half of the year. Remember, we get the all-important non-farm payroll number tomorrow. Let’s see how the markets react to the jobs number and finish the week.

 

Have a nice evening everyone.

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