riends
I forgot to mention yesterday that today’s trading session ended at noon. It was a short session, but a good one for the bulls. This morning’s non-farm payroll number came in better than expected with 147,000 new jobs created in June. The unemployment rate fell back to 4.1% which was also better than expected. Despite an expected selloff in bonds, stocks once again moved higher into record territory.
For the day, the Dow Jones Industrial Average was up 344 points to close at 44,828. The S&P 500 was up 51 points to finish the day at 6,279. The Nasdaq Composite Index was up 207 points to close at 20,601. Gold was down $19 to trade at $3,340 per ounce, while oil was down $.69 to trade at $66.76 per barrel WTI.
I hope everyone has a wonderful 4th of July weekend. Celebrate this great country and please be safe.
Have a great holiday weekend everyone.
