The DOW rose 179.08 points or +0.50%, to close at 36,100.31. The S&P 500 gained +0.72% at close at 4,682.85, and the NASDAQ rallied, gaining +1.0% or 156.68 points to end the day at 15,860.96.
However, all three major indexes closed the week lower after the hottest inflation report in 30 years. The DOW fell -0.6%, the S&P 500 dipped -0.3%, and the NASDAQ eased -0.7% on the week. Despite the week's losses, the three major indexes are still within striking distance of their record highs. The S&P 500 is up more than 24% in 2021.
Key Levels To Watch Next Week:
- S&P 500 (CME:SP500): 4,537.36
- Dow (INDEX:DJI): 35,490.43
- NASDAQ (NASDAQ:COMP): 15,070.75
- U.S. Dollar (ICE:DX): 93.27
- Gold (NYMEX:GC.Z21): 1,845.10
- Crude Oil (NYMEX:CL.Z21): 81.86
- Bitcoin (BITCOIN:BITSTAMPUSD): 56,425.00
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
