Month: April 2018

April 29th 2018

Market Review

U.S. stocks finished the week with small losses. The Dow Jones Industrial Average dropped 0.6 percent over the week to 24,311.19. The S&P 500 booked a very small weekly loss of 0.01 percent to finish at 2.669,91. The Nasdaq shed 0.4 percent for the week to end at 7,119.80. All three benchmarks posted their first weekly decline of the past three. Of the S&P sectors, utilities led advancers, while industrials led decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 15.4. Read More

April 22nd 2018

Market Review

All three major U.S. averages finished the week with gains. For the week, the Dow Jones Industrial Average eked out a small gain of 0.4 percent to end at 24,463. The S&P 500 added 0.5 percent for the week to finish at 2,670. The Nasdaq advanced 0.6 percent from the week-ago close to 7,146. All major averages logged their second straight week of gains. Energy and industrials led gainers among the S&P’s 10 major sectors; consumer staples and technology were the only negative sectors for the week. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 16.9. Read More

April 15th 2018

Market Review

As expected in our latest call, U.S. stocks finished the week with solid gains. For the week, the Dow Jones Industrial Average rose 1.8 percent to 24,360.14. The S&P 500 gained 2.0 percent during the week to end at 2,643. The Nasdaq jumped 2.8 percent from the week ago close to finish at 7,106.65. Most key S&P sectors ended in positive territory for the week, led by materials. Utilities were the only decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 17.4. Read More

April 8th 2018

Market Review

U.S. stocks ended the week with losses. The Dow Jones Industrial Average dropped 0.7 percent from the week-ago close to 23,932.76. The S&P 500 recorded a 1.4 percent loss over the week and finished at 2,604.47. The Nasdaq Composite booked a weekly fall of 2.1 percent to end at 6,915.11. All key S&P sectors finished in the red for the week, dragged by technology and industrials. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 21.5. Read More

April 1st 2018

Market Review

In line with our recent outlook, all three major U.S. averages finished the holiday-shortened week with solid gains. The Dow Jones Industrial Average added 2.7 percent to close the week at 24,143. The S&P 500 increased 2.1 percent for the week to end at 2,642. The Nasdaq gained 1.0 percent from the week ago close to finish at 7,063. For the quarter, the Dow was down 2.3 percent, the S&P 500 down 1.2 percent, the while the Nasdaq was up 2.3 percent. Of the S&P sectors, consumer staples led advancers, while technology led decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 20. Read More