Stocks and oil turn back down
Aug 2, 2021
The major stock indexes did turn down on Friday, but they managed some damage control and resisted plunging hard.
S&P 500
SPY (standard ETF) fell 0.49% and is only slightly positive above $437.15.
SH (inverse ETF) gained 0.47% but remains slightly negative below $15.05.
Gold gave back Thursday’s gains but gold miners, while still declining, held on to more of those gains.
Gold
GLD (standard ETF) fell 0.79% and initially bounced off neutral. It remains slightly positive above $169.40.
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