Friends
Stocks were quiet at the open as traders kept an eye on the government shutdown and the scheduled late morning Senate vote. Not surprisingly, the gang on the hill kicked the can down the road for another 3 weeks, so we get to do this all over again in February. Regardless, stocks rallied as the votes were counted and continued to add to their gains into the close.
For the day, the Dow Jones Industrial Average was up 142 points to finish the day at 26,214. The S&P 500 was up 22 points to close at 2,832. Gold was up $1 to trade at $1,334 per ounce, while oil was up $.12 to trade at $63.66 per barrel WTI.
We kick off a busy week of earnings with Netflix tonight, and hundreds of others including P&G, Kimberly Clark, Travelers, Verizon, Ford, GE, United Technologies, Caterpillar, Intel, Starbucks, Union Pacific and Honeywell- just to name a few. Let’s see who the winners and losers are and how their stock prices react. Stay tuned.
Have a nice evening everyone.
