Visit Us At CHJ Wealth Management

Stocks Mixed

Jun 7, 2018 | Market Commentary

Friends 

Stocks were mixed today as the momentum/tech names stumbled a bit, while some blue chip names like McDonalds, Chevron and Home Depot kept the Dow in positive territory. Traders seem now to be focused on the upcoming G7 meeting and the Korean summit. 

For the day, the Dow Jones Industrial Average was up 94 points to close at 25,241. The S&P 500 was down 2 points to finish the day at 2,769. Gold was down a fraction to trade at $1,301 per ounce, while oil was up $1.23 to trade at $65.96 per barrel WTI. 

It’s still been a good week for the bulls. Let’s see how they finish it out tomorrow. 

Have a nice evening everyone.

Recent Posts

Tech Stocks Continue to Drag Market Lower

Tech Stocks Continue to Drag Market Lower

Dec 17, 2025 |

Friends The weakness in tech/AI stocks continues and the market averages, especially the Nasdaq, continue to lose ground as we get closer to year end. Instead of taking a victory lap the stocks that have been the leaders all year long are now cowering nervously in the...

Stocks Mostly Lower after Employment Data Release

Stocks Mostly Lower after Employment Data Release

Dec 16, 2025 |

Friends This morning’s release of the November non-farm payroll number showed that 64,000 new jobs were added, which was better than analysts had expected. The unemployment rate did tick up to 4.6%, which was actually more than expected. It’s hard to determine if this...

Stocks Soft As Economic Data Looms

Stocks Soft As Economic Data Looms

Dec 15, 2025 |

Friends Today was pretty much the same script we have seen over the past couple of weeks. The AI/big tech names came under selling pressure enough to take the market averages into negative territory. It’s hard to read too much into recent market action as we are so...

© 2026 Carlton, Hofferkamp & Jenks Wealth Management, LLC. All Rights Reserved.
Powered by