September 30th 2018
U.S. averages closed the week mostly with a negative performance. The Dow Jones Industrial Average dropped 1.1 percent from the week-ago close to 26,458.31. The S&P 500 recorded a 0.5 percent loss over the week and finished at 2,913.98. The Nasdaq Composite booked a weekly gain of 0.7 percent to end at 8,046.35. On the month, the Dow Jones Industrial Average gained 1.9 percent, while the S&P 500 posted a monthly gain of 0.4 percent, while the Nasdaq edged down 0.8 percent. Over the quarter, the S&P 500 has risen more than 7 percent, which would be its biggest quarterly advance since the fourth quarter of 2013. The Dow Jones Industrial Average is up about 9 percent; both the Dow Jones Industrial Average and the S S&P 500 P have risen in 11 of the past 12 quarters. The Nasdaq is up more than 7 percent over the quarter, and it is set for its ninth straight quarterly gain. Among the key S&P sectors, technology was the best weekly performer, while materials dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 12.1.