Thursday, December 19, 2019

Dow Hits All-Time High -- Again -- December 19, 2019

Dow hits all-time high: Comes on day after US Congress fails to pass bipartisan articles of impeachment of the president. The articles passed were supported only by Democrats and at least two Democrats switched to become Republicans. And now, the US House my delay sending the articles to the US Senate. LOL.

Dow: up nearly 100 points; trading aroudn 28,336. Other indices:
  • S&P 500: up slightly; trading at 3,196
  • NASDAQ:  up nicely, trading at 8,855
  • WTI: right at $61/bbl; up 14 cents -- despite US crude oil storage builds this week;
Chevron could slash Nigerian oil production by 350,000 bopd. Workers' strike in Nigeria.

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