Friends
Earnings from giants Starbucks, Intel, Microsoft and Alphabet (Google) came out after the bell yesterday, and the results were mixed. That pretty much describes the whole day in terms of stock trading – mixed. There never was any real direction for stocks which basically drifted slightly in negative territory for most of the session.
By the close, the Dow Jones Industrial Average was down 7 points to finish the day at 20,093. The S&P 500 was down 2 points to close at 2,294. Gold was up $1 to trade at $1,190 per ounce, while oil was down $.66 to trade at $53.12 per barrel WTI.
Next week we get earnings from about 100 of the S&P 500 companies. Of course, politics are still dominating the headlines, so all bets are off on how markets will react minute to minute. Thank goodness we don’t have to invest money on a minute by minute basis.
Have a great weekend everyone.
