Month: September 2014

September 28. 2014

Market Review

U.S. stocks finished the week with strong losses. The Dow Jones Industrial Average lost 1 percent over the week to end at 17,113.19. The S&P 500 slumped 1.4 percent to 1,982.85 for the five days. The Nasdaq dropped 1.5 percent for the week to 4,512.19. All key S&P sectors finished in the red for the week, dragged by industrials. The Chicago Board Options Exchange Volatility Index, a measure of investor uncertainty, ended at 14.85, leaving it 23 percent higher on the week. Read More

September 21. 2014

Market Review

U.S. stocks rose for the week, sending benchmark indexes to records. The Dow Jones Industrial Average added 292.23 points during the week, or 1.7 percent, to 17,279.74, ending the week at an all-time high. The blue-chip index notched its 18th record close this year. The Standard & Poor?s 500 Index rose 1.3 percent from the prior Friday's close to a record 2,010.4. Both gauges have risen in six of the last seven weeks. The Nasdaq added 0.3 percent during the week to 4,579.79. All 10 of the S&P 500?s main groups advanced in the week. The Chicago Board Options Exchange Volatility Index (VIX), a gauge of investor concern derived from S&P 500 options prices decreased to 12.11. Read More

September 14. 2014

Market Review

U.S. stocks finished the week with losses. The Dow Jones Industrial Average lost 0.9 percent over the week to 16,987.51. The S&P 500 dropped 1.1 percent for the week to finish at 1,985.54. Both averages posted their first negative week in six weeks. The Nasdaq lost 0.3 percent for the week to end at 4,567.60. All key S&P sectors ended in red, led by energy. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 13.5. The volatility measure jumped 10 percent this week, its biggest gain since Aug. 1. Read More

September 07. 2014

Market Review

All three U.S. major averages posted modest gains for the week. The Dow Jones Industrial Average gained 0.2 percent from the prior Friday's close to end at 17,137.36. The S&P 500 added 0.2 percent for the holiday-shortened week to a record 2,007.71. The weekly win streak is the longest since November for the Dow and S&P and both averages recorded their fifth consecutive weekly gains. The Nasdaq added 0.1 percent from the week-ago close to 4,582.90. Most key S&P sectors ended in positive territory for the week, led by consumer staples. The CBOE Volatility Index, a measure of investor uncertainty, finished at 12.09. Read More