Month: August 2017

August 27th 2017

Market Review

U.S. stocks finished the week with small gains. For the week the Dow Jones Industrial Average eked out a small gain of 0.6 percent to finish at 21,813.67. The S&P 500 finished at 2,443.05 and recorded a weekly gain of 0.7 percent. The Nasdaq posted a weekly gain of 0.8 percent to end at 6,265.64. The heavy-tech index booked its first weekly gain in five weeks. Most key S&P sectors ended in positive territory for the week, led by materials. Consumer staples were the only decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded more than 9.5 percent lower, near 11.3. Read More

August 20th 2017

Market Review

U.S. stocks finished another week with losses. The Dow Jones Industrial Average lost 0.8 percent over the week to 21,674.51. The S&P 500 booked a weekly loss of 0.7 percent to close at 2,425.55. Both the Dow and the S&P 500 finished Friday for a second week of losses, with the Dow suffering its largest two-week percentage decline since mid-September 2016. The Nasdaq declined 0.6 percent for the week to end at 6,216.53. Friday marked the fourth week of losses for the Nasdaq, its longest weekly losing streak since May 2016. Most key S&P sectors ended in negative territory for the week, led once again by energy. Utilities, consumer staples and materials were the only gainers. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 14.3. Read More

August 13th 2017

Market Review

U.S. stocks finished the week with losses. The Dow Jones Industrial Average declined 1.1 percent over the week to 21,861. The S&P 500 recorded a weekly loss of 1.4 percent to finish at 2,441. The Nasdaq lost 1.5 percent for the week to end at 6,257. Most key S&P sectors ended in negative territory for the week, led by energy. Consumer staples were the only gainers. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 15.7. Read More

August 6th 2017

Market Review

Once again, U.S. stocks finished the week with a mixed performance, with still one index notching a record high. The Dow Jones Industrial Average added 1.2 percent during the week to end at an all-time high of 22,090. The blue-chip index has now posted 34 record closes thus, far this year. The S&P 500 recorded a weekly gain of 0.2 percent to finish at 2,476. The Nasdaq Composite declined 0.4 percent during the week to 6,351. Among the key S&P sectors, financials was the best weekly performer, while energy dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 10. Read More