January 29th 2017
Market Review
U.S. stocks finished the week in positive territory, with the Dow and S&P 500 posting their first positive week of the past three. After exceeding the 20,000 level for the first time on Thursday, the Dow Jones Industrial Average gained 1.3 percent for the week to close at 20,093.78. The S&P 500 booked a weekly gain of 1.0 percent and closed at 2,294.69. The Nasdaq advanced 1.9 percent during the week to end at 5,660.78. Among key S&P sectors, financials and materials led the gainers, while energy and utilities were the decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 10.5.