November 25th 2018
Market Review
U.S. stocks finished the holiday-shortened week with deep losses. The Dow Jones Industrial Average slumped 4.4 percent over the week to 24,285.95. The S&P 500 tumbled 3.8 percent for the week to finish at 2,632.56. The Nasdaq notched a week-on-week decline of 4.3 percent for the week to end at 6,938.98. Last week’s performances for all three major indexes marked their worst Thanksgiving weeks since 2011. Among the key S&P sectors, all sectors ended lower for the week, with technology plunging the most. The CBOE Volatility Index, or VIX, a measure of investor uncertainty, traded near 21.5.