Month: March 2021

March 28th 2021

Market Review

U.S. stocks wrapped an extremely volatile week that left the major averages mostly higher for the week. The Dow Jones Industrial Average soared 1.4% for the week to close at a new record of 33,072.88. The S&P 500 gained 1.4% in five trading days to 3,974.54, hitting a record closing high as well. The Nasdaq declined 0.6 over the week to end at 13,138.72. Most key S&P sectors closed higher for the week, led by the real estate sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed below 19. Read More

March 21st 2021

Market Review

U.S. stocks finished the week with small losses. The Dow Jones Industrial Average fell 0.5% in five trading days to end at 32,627.97. The S&P 500 booked a 0.8% loss over the week and closed at 3,913.10. The Nasdaq dropped 0.8% for the week as well to end at 13,215.24. 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 14th 2021

Market Review

U.S. rallied strongly bounced for the week, with the major indexes posting new record highs. For the week, the Dow Jones Industrial Average gained 4.1% to close at a new all-time high of 32,778.64. The S&P 500 ended the week 2.6% higher at 3,943.34. The Nasdaq closed at 13,319.86 and recorded a weekly gain of 3.1%. All key S&P sectors ended in positive territory for the week, led by the discretionary sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 20.7. Read More

March 7th 2021

Market Review

Last week, all three major U.S. averages finished a quite volatile week mostly with decent gains. The Dow Jones Industrial Average gained 1.8% during the week to close at 31,496.30. The S&P 500 recorded a weekly gain of 0.8% to close at 3,841.94. The Nasdaq was 2.1% lower for the week and finished at 12,920.15, but Friday’s strong rebound with 1.5% put the heavy-tech index back above water for the year to date, if barely. Most key S&P sectors ended in positive territory for the week, led by energy. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 24.7. Read More