Month: July 2014

July 27. 2014

Market Review

The three major U.S. averages finished the week with a mixed performance. The Dow Jones Industrial Average lost 0.8 percent over the week to close at 16,960.57. The blue-chip index had its biggest weekly loss since June 14. The S&P 500 finished the week roughly where it started it and closed at 1,978.34. The Nasdaq eked out a weekly gain of 0.4 percent and closed at 4,449.56; its second straight weekly rise. Among the key S&P sectors, energy was the best weekly performer, while consumer staples dragged. The CBOE Volatility Index, widely considered the best gauge of fear in the market, finished nearly unchanged at 12.61. Read More

July 20. 2014

Market Review

The U.S. stock market finished a volatile week with modest gains. The Dow Jones Industrial Average rose 0.9 percent during the week to 17,100.18. The S&P 500 increased 0.5 percent from last Friday's finish to 1,881.14. The Nasdaq scored a weekly gain of 0.4 percent to close at 4,432.15. Most key S&P sectors finished higher, led by technology and financials, while health care ended in the red. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, finished nearly unchanged at 12.06. Read More

July 13. 2014

Market Review

U.S. stocks finished the week with losses. The Dow Jones Industrial Average lost 0.7 percent over the week to end at 16,943.81. The S&P 500 slumped 0.9 percent to 1,967.57 for the five days. The Nasdaq dropped 1.6 percent for the week to 4,071.87. Both the S&P 500 and the Nasdaq recorded their worst weekly hit since April 2014. Utilities and consumer staples were the only gainers among the S&P?s 10 major sectors. The Chicago Board Options Exchange Volatility Index, a measure of investor uncertainty, ended at 12.08, leaving it 17 percent higher on the week. Read More

July 06. 2014

Market Review

The U.S. stock market finished the week with solid gains and both, the S&P 500 and Dow Jones Industrial Average, closed at record levels. The Dow Jones Industrial Average gained 1.3 percent over the holiday-shortened week to close at 17,068.26. The S&P 500 was also 1.3 percent higher on the week and finished at 1,985.34. The Nasdaq rallied 2 percent for the week to close at 4,485.93 and recorded its third weekly gain in a row. Among the key S&P sectors, technology was the best weekly performer, while utilities dragged. The Chicago Board Options Exchange Volatility Index (VIX), a measure of investor uncertainty, fell to 10.32. Read More