Stocks Keep Pushing Higher

Jun 18, 2024 | Market Commentary

Friends

 

The market averages continue to push higher and for the most part the same generals continue to lead the way. Narrow as the advance has been, it’s an advance, nonetheless. The bulls are firmly entrenched on the high ground while the bears continue to be frustrated.

 

As for today, by the close the Dow Jones Industrial Average was up 56 points to finish the day at 38,834. The S&P 500 was up 13 points to close at 5,487. The Nasdaq Composite Index was up 5 points to close at 17,862. Gold was up $15 to trade at $2,344 per ounce, while oil was up $1.09 to trade at $81.42 per barrel WTI.

 

Remember, markets are closed tomorrow for the Juneteenth holiday, but we will be back with you on Thursday.

 

In the meantime, have a nice evening everyone.

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