Stocks Quiet Before Thanksgiving

Nov 25, 2015 | Market Commentary

Friends

As expected, it has been a very quiet week for the stock market. Stocks traded slightly in positive territory for what seemed like the entire session as volatility was virtually non-existent. On the economic font both the jobless claims number and the durable goods orders number were better than expected, and the FHFA House Price Index showed continued strength in housing prices.

As for stocks, by the close the Dow Jones Industrial Average was up 1 point to finish the day at 17,813. The S&P 500 was mainly flat to close at 2088. Gold was down $3 to trade at $1070 per ounce, while oil was up $.23 to trade at $43.10 per barrel WTI.

As tomorrow is Thanksgiving, we want all of you to know how grateful we are that you have entrusted us to help guide you on the road to your financial goals. We will continue to do our best to serve you and show you our appreciation that you are part of the CHJ family. Remember, the markets are closed tomorrow, and Friday is a shortened session. We’ll report back to you next Monday.

Have a great Thanksgiving Everyone!

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