Stocks End Mixed

Jun 17, 2022 | Market Commentary

Friends

 

The bulls fought hard to put up a gain, however modest it might be, but it wasn’t easy with a looming 3-day weekend. The S&P is now down 10 out of the last 11 weeks. That has only happened one other time ever, in 1970. I hope you were able to join us for the zoom call today. If not, we have attached the video below.

 

As for today, by the close the Dow Jones Industrial Average was down 38 points to finish the day at 29,888. The S&P 500 was up 8 points to close at 3,674. The Nasdaq Composite Index was up 152 points to close at 10,798. Gold was down $9.80 to trade at $1,840 per ounce, while oil was down $7.56 to trade at $110.25 per barrel WTI.

 

Remember, the markets are closed Monday, so we will be back with you on Tuesday.

 

Have a great weekend everyone.

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