Correction risk is increasing on a fast pace! Time to place a stop-loss immediately!

November 24th 2019

Market Review

U.S. stocks finished the week slightly in negative territory with the main benchmarks posting their first weekly decline in over a month. The Dow Jones Industrial Average lost 0.5 percent over the week to 27,875.62, snapping a four-week winning streak. The S&P 500 recorded a weekly loss of 0.3 percent to finish at 3,110.29, halting six weeks of gains. The Nasdaq retreated 0.3 percent for the week to finish at 8,519.88, ending its seven-week advance. Among the key S&P sectors, health care was the best weekly performer, while materials dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 12.3.

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