Month: August 2019

August 25th 2019

Market Review

Mainly due to a strong sell-off on Friday, U.S. stocks finished the week in negative territory. The Dow Jones Industrial Average dropped 1.0 percent over the week to 25,628.90. The losses brought the Dow’s decline for August to more than 4 percent. The S&P 500 declined 1.4 percent for the week to finish at 2,847.11. The Nasdaq slipped 1.8 percent for the week to end at 7,751.77. Nearly all key S&P sectors finished in the red for the week, dragged by materials. Utilities were the only gainers. The CBOE Volatility Index, or VIX, a measure of investor uncertainty, traded near 19.9. Read More

August 18th 2019

Market Review

U.S. stocks ended a wild week with losses. For the week the Dow Jones Industrial Average dropped 1.5 percent to 25,886.01. The S&P 500 lost 1.0 percent over the week to end at 2,888.68. The Nasdaq declined 0.8 percent from the week ago close to finish at 7,895.99. All three benchmarks posted their third straight weekly losses. Most key S&P sectors ended in negative territory for the week, led by energy. Utilities and consumer staples were the only gainers. The Chicago Board Options Exchange Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 18.5. Read More

August 11th 2019

Market Review

U.S. stocks had a wild week, with the major indexes recording their biggest one-day sell-off of the year on Monday. The indexes recovered some of those losses on Tuesday and finally finished the week with quite manageable declines. The Dow Jones Industrial Average dropped 0.8 percent over the week to 26,287.44. The S&P 500 booked a weekly loss of 0.5 percent to finish at 2,918.65. The Nasdaq shed 0.6 percent for the week to end at 7,959.14. Of the S&P sectors, utilities led advancers, while energy led decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 18. Read More

August 4th 2019

Market Review

U.S. stocks finished the week in negative territory with the main benchmarks posting the steepest weekly losses this year. The Dow Jones Industrial Average lost 2.6 percent over the week to 26,485.01. The S&P 500 recorded a weekly loss of 3.9 percent to finish at 2,932.05. The Nasdaq slumped 3.9 percent for the week to end at 8,004.07. The weekly declines for the S&P 500 and the Nasdaq were the largest 2019, while the Dow Jones Industrial Average had its second-worst week of the year. Nearly all key S&P sectors ended in negative territory for the week, led by energy. The utilities sector was the only gainer. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, jumped to 17.6. Read More