Month: March 2019

March 31st 2019

Market Review

U.S. stocks wrapped a quite volatile week and all three major U.S. averages finished the week with decent gains. The Dow Jones Industrial Average added 1.5 percent from last Friday's close to 25,928.68. The blue-chip index just eked out a roughly 0.1 percent gain for March, and an 11.2 percent charge higher in the first quarter. The S&P 500 advanced 1.2 percent during the week to 2,834.40. The broad index only booked a 1.8 percent monthly rise and a first-quarter advance of 13.1 percent, the best quarterly performance since the third quarter of 2009. The Nasdaq closed at 7,729.32 and added 1.1 percent for the week. The heavy-tech index is up 2.6 percent for the month and advanced 16.5 percent for the first three months of the year. Nearly all key S&P sectors ended in positive territory for the week, led by industrials. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended near 13.7. Read More

March 24th 2019

Market Review

U.S. stocks ended the week with losses. The Dow Jones Industrial Average fell 1.3 percent in five trading days to end at 25,502.32. The S&P 500 booked a 0.8 percent loss over the week and closed at 2,800.71. The Nasdaq dropped 0.6 percent for the week to 7,642.67. Among the key S&P sectors, discretionary was the best weekly performer, while financials dragged. The CBOE Volatility Index (VIX), Wall Street’s so-called fear index, increased to 16.96. Read More

March 24th 2019

Market Review

U.S. stocks ended the week with losses. The Dow Jones Industrial Average fell 1.3 percent in five trading days to end at 25,502.32. The S&P 500 booked a 0.8 percent loss over the week and closed at 2,800.71. The Nasdaq dropped 0.6 percent for the week to 7,642.67. Among the key S&P sectors, discretionary was the best weekly performer, while financials dragged. The CBOE Volatility Index (VIX), increased to 16.96. Read More

March 17th 2019

Market Review

U.S. stocks closed out the week in positive territory with all three major averages logging strong gains. The Dow Jones Industrial Average advanced 1.6 percent, to 25,848.87. The 30-stock gauge recorded its best weekly advance since February 15th. The S&P 500increased 2.9 percent over the five days to finish at 2,822.48. The broad index booked its biggest weekly gain since Nov. 30. The Nasdaq jumped 3.8 percent for the week to 7,688.53, its strongest weekly advance since Dec. 28th. All key S&P sectors closed in positive territory for the week, led by technology. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed near 12.9. Read More

March 10th 2019

Market Review

U.S. stocks finished the week with losses. The Dow Jones Industrial Average declined 2.2 percent over the week to 25,450.24. The S&P 500 also recorded a weekly loss of 2.2 percent to finish at 2,743.07. The Nasdaq lost 2.4 percent for the week to end at 7,408.14. All three benchmarks posted their biggest weekly declines of the year. Most key S&P sectors ended in negative territory for the week, led by energy. Utilities were the only gainers. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 16.1. Read More

March 3rd 2019

Market Review

U.S. stocks finished the week mostly with small gains. The Dow Jones Industrial Average closed at 26,026.32 and shed about 0.1 percent for the week to snap its nine-week winning streak, the longest since May 1995. The S&P 500 ended at 2,803.69 and booked a weekly gain of 0.4 percent. The Nasdaq added 0.9 percent over the week to finish at 7,595.35. Most key S&P sectors finished higher, led by energy. The materials sector was the worst performer. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held near 13.6. Read More