Stock Market
Market Outlook
The popular stock market averages closed well to the upside on Friday as weekly options expired. The Dow Jones Industrial Average reached record intraday and closing highs. The interest rate for 10-yr treasury notes closed slightly lower. The prices closed up for gold and crude oil.
A number of corporate shares bounced nicely from drops earlier this week. These included big high technology companies like Nvidia (NVDA +7.8%) and Broadcom (AVGO +7.1%). Also soaring to halt a a decline was eVTOL air taxi maker Archer Aviation (ACHR +12.5%). I own Archer shares.
Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells