Stock Market
Market Outlook
The popular stock market averages closed mixed on Friday as weekly options expired. Nevertheless, the Nasdaq Composite and S&P 500 notched record intraday and closing highs. The interest rate for 10-yr treasury notes closed lower. The price closed up for gold and down for crude oil.
ServiceNow (NOW -17.75%) plunged due to delayed closings of Middle Eastern deals amid the war.
Armistice talks have been extended in the Middle East. Of course, the ultimate outcome of the war with Iran is still unknown. No matter what, we in America are safe between two wide oceans. But warmakers and their suppliers enjoy participating in faraway wars. Meanwhile, investors are hoping for the best and looking beyond.
If you are unhappy with the high price of gasoline, then do as I have done and treat yourself to an electric vehicle. Click here.
Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells