After all the ruckus, relief flooded the markets after former FBI Director Comey’s testimony last week around President Trump. The Dow Jones went up slightly while the NASDQ and S&P 500 traded lower. Overall the market remains steady with the Labor Department releasing positive numbers for the Job Openings Report (record high in April) and Initial Jobless Claims falling to the lowest rate since the early 1970s. Meanwhile, we are all gearing up to see what the Federal Reserve will do at this week’s meeting. It should be an interesting week…
Geoffrey Davis – Mortgage Loan Consultant
First United Bank & Trust
6401 S. Custer Rd.
McKinney, TX 75070