Month: March 2016

March 27. 2016

Market Review

U.S. stocks finished the holiday-shortened week nearly unchanged. For the week, the Dow Jones Industrial Average lost 0.5 percent to close at 17,515.73. The S&P 500 declined 0.7 percent to end at 2,035.94. The Nasdaq shed 0.5 percent for the week to end at 4,773.50. Among the key S&P sectors, health care was the best weekly performer, while energy dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed at 14.7. Read more

March 20. 2016

Market Review

U.S. stocks finished another week of gains with the major averages closing nearly 1 percent higher or more for the week, their fifth-straight week of gains since November. The Dow Jones Industrial Average added 2.3 percent during the week to 17,602.30. The S&P 500 rose 1.4 percent from the prior Friday’s close to 2,049.56. Both the S&P 500 and the Dow ended in positive territory for the year, while the Dow logged six days of gains in a row ? the longest winning streak since early October. The Nasdaq added 1.0 percent during the week to 4,795.65. Among the key S&P sectors, industrials were the top gainer and health care the only decliner on the week. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held just above 14 after briefly falling below to touch its lowest since November. Read more

March 13. 2016

Market Review

As highlighted in our latest call, U.S. stocks ended another week with gains. The Dow Jones Industrial Average gained 1.2 percent from the week ago close to finish at 17,213.31. The S&P 500 advanced 1.1 percent for the week to close at 2,022.19. The Nasdaq rose 0.7 percent over the past five trading days to end at 4,748.47. All three main indexes posted their fourth straight weekly gain. All key S&P sectors finished higher for the week, led by materials and utilities. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded below 17. Read more

March 05. 2016

Market Review

U.S. stocks ended the week with solid gains. The Dow Jones Industrial Average gained 2.2 percent over the week to close at 17,006.77. The S&P 500 jumped 2.7 percent for the week to finish at 1,999.99. Both the Dow and the S&P 500 closed at two-month highs Friday, while posting their third consecutive weekly rise. The Nasdaq advanced 2.8 percent over the past five days to end at 4,717.02. All 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, closed around 16.8. Read more