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Yeehaaaa, riding the DOW high baby. Up 565 points........ (Original Post) a kennedy Jun 2023 OP
No-default deal is probably the bigger reason. Ocelot II Jun 2023 #1
yep. even for the majority stopdiggin Jun 2023 #2
Not because of the 339,000 jobs or the debt deal. onenote Jun 2023 #3
Up over 630 now 😁 Emile Jun 2023 #4
Hopefully will recover the money I've lost in my very necessary nest egg. Boomerproud Jun 2023 #5
I own a few stocks, no huge numbers or positions DFW Jun 2023 #6

stopdiggin

(11,242 posts)
2. yep. even for the majority
Fri Jun 2, 2023, 11:41 AM
Jun 2023

that had factored in a 'deal' all along. Just no way to slice it other than a positive - and a relief.

onenote

(42,585 posts)
3. Not because of the 339,000 jobs or the debt deal.
Fri Jun 2, 2023, 12:15 PM
Jun 2023

It's up because the unemployment rate went up from 3.4% to 3.7% -- an increase that may lead the Fed not to raise interest rates.

DFW

(54,282 posts)
6. I own a few stocks, no huge numbers or positions
Fri Jun 2, 2023, 01:29 PM
Jun 2023

But of the two that I watch--WHEN I watch--one was down a little today, and one was up a bit.

Yin and Yang. It's mostly a spectator sport with me. I can't remember the last time I've bought or sold a share of anything. When the brokerage where I store what I've got "recommended" that I sell the 500 shares of Apple (bought for $38 or so per share back in 1998), and they then split and soared to be worth about $3 million more than I got from the sale, I just said, to hell with this game. These clowns don't know what they're doing any more than I do, and I don't know anything.

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