August 26th 2018
U.S. stocks ended the week in positive territory, with the S&P 500 and the Nasdaq posting new record highs. The Dow Jones Industrial Average added 0.5 percent over the week to end at 25,790.35. The S&P 500 recorded a weekly 0.9 percent gain to close at a record high of 2,874.69, its first record since January. The Nasdaq advanced 1.7 percent from last Friday’s close to finish at a record of 7,945.98. Among the key S&P sectors, energy was the greatest gainer for the week, while utilities and consumer staples were the only negative sector for the week. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded higher, near 12.