Month: November 2015

November 29. 2015

Market Review

U.S. stocks finished the week nearly unchanged. The Dow Jones Industrial Average lost 0.1 percent over the week to close at 17,798.49. The S&P 500 was flat over the week and finished at 2,090.11. The Nasdaq added 0.4 percent from the week-ago close to 5,127.52. Among the key S&P sectors, consumer staples and energy were the top gainers and utilities the worst performer. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held above 15. Read more

November 22. 2015

Market Review

U.S. stocks ended the week with solid gains. The Dow Jones Industrial Average gained 3.3 percent over the week to close at 17,823.95. The S&P 500 jumped 3.3 percent for the week to finish at 2,089.16. The weekly gain was the best since December 2014. The Nasdaq rocketed 3.6 percent over the past five days to end at 5,104.92. All key S&P sectors ended in positive territory for the week, led by consumer discretionary. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed below 16. Read more

November 15. 2015

Market Review

U.S. stocks ended the week with steep losses, snapping a six-week winning streak. The Dow Jones Industrial Average slumped 3.7 percent over the week to 17,245.10, its worst weekly drop since September. The S&P 500 dropped 3.6 percent for the week to finish at 2,023.04, its worst weekly fall since September 4. The benchmark index turned negative for the year and fell below its 200-day moving average. The Nasdaq slumped to 4,927.88 and finished the week 4.3 percent lower, the tech-heavy indexes worst weekly drop since Aug. 21. Among the key S&P sectors, energy fell nearly 6 percent as the worst performer for the week, while utilities was the only sector to post gains for the week, up 0.3 percent. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, topped 20 for the first time since Oct. 6. Read more

November 08. 2015

Market Review

U.S. stocks finished the week with gains. The Dow Jones Industrial Average rose 1.4 percent from the prior Friday’s close, to end at 17,910.33. The S&P 500 soared 1.0 percent for the week to end at 2,099.20. The Nasdaq climbed 1.9 percent to finish at 5,147.12. All three averages posted their longest period of weekly gains since late last year. Most key S&P sectors ended in positive territory for the week, led by financials. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, fell below 15. Read more

November 01. 2015

Market Review

Not surprisingly, all three major U.S. averages finished the week with small gains. For the week the Dow Jones Industrial Average eked out a small gain of 0.1 percent to end at 17,663.54. The blue-chip index gained 8.5 percent over the month. The S&P 500 added 0.2 percent for the week to finish at 2,079.36. For the month, the benchmark index gained 8.3 percent. The Nasdaq advanced 0.4 percent for the week to finish at 5,053.75. Over the month, the tech-heavy index gained 9.4 percent. All three averages recorded their biggest monthly gains since October 2011. The monthly point gains for both the S&P 500 and Dow are the biggest on record. Among the key S&P sectors, health care was the best weekly performer, while utilities dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held near 15. Read more