Stocks Rally
Thursday, February 9, 2017 at 6:34PM
HensslerFinancial in Market Commentary

Indices closed at record levels on Thursday. Financial and energy brands led advancers. Stocks such as Goldman Sachs and JPMorgan Chase as well as Chevron and Exxon Mobil posted gains. Crude oil ticked up. West Texas Intermediate crude tacked on 1.3% today to settle at $53 a barrel. In other news, initial jobless claims decreased last week. Department of Labor data showed new claims declined by 12,000 to 234,000 versus an expected 250,000 claims. Looking ahead, companies such as Knoll, Jasmine International and Ventas will report quarterly figures on Friday.







Disclosures:
All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing.
Article originally appeared on Henssler Financial (http://www.henssler.com/).
See website for complete article licensing information.