February 28th 2021
U.S. stocks finished the week with losses. The Dow Jones Industrial Average lost 1.8% over the week to 30,932.37. The S&P 500 booked a weekly loss of 2.5% to close at 3,811.15. The Nasdaq shed 4.9% for the week to end at 13,192.34. Most key S&P sectors ended in negative territory for the week, led by discretionary. The energy sector was the only gainer. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, jumped to 28.