Friends
After a very strong week for stocks, it was pretty impressive that every attempt to take the market down today was met with more buying support. Sure, Covid19 is blowing up again and there is still likely some drama ahead in the presidential and senate races, but investors continue to either ignore all of that or simply look past it.
For the day, the Dow Jones Industrial Average was down 67 points to close at 28,323. The S&P 500 was down 1 point to finish the day at 3,509. The Nasdaq Composite Index was up 4 points to close at 11,895. Gold was up $7 to trade at $1,954 per ounce, while oil was down $1.45 to trade at $37.34 per barrel WTI.
This was an exhausting week on so many levels. Let’s all get some rest, decompress a little and try to relax this weekend. We’ll be back at it on Monday.
Have a great weekend everyone.
