Month: January 2018

January 28th 2018

Market Review

U.S. equities finished the week by breaking another set of records. The Dow Jones Industrial Average rose 2.1 percent for the week to a record high of 26,616.71. The S&P 500 rocketed 2.2 percent for week to a record of 2,872.87. The Nasdaq jumped 2.3 percent from last Friday close to an all-time high of 7,505.77. All key S&P sectors ended in positive territory for the week, led by health care.  The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended near 11.1. Read More

January 21st 2018

Market Review

U.S. stocks finished the week in positive territory, with both the S&P 500 and the Nasdaq ending at records. For the week, the Dow Jones Industrial Average gained 1.0 percent to close 26,071.72. The S&P 500 booked a weekly gain of 0.9 percent and closed at a record of 2,810.30. Both the Dow and the S&P 500 posted their third straight weekly advance, as well as their eighth positive week of the past nine. The Nasdaq advanced 1.0 percent during the week to end at a record of 7,336.38. The heavy-tech index recorded its third positive week in a row, as well as its fifth of the past six. Among the key S&P sectors, consumer staples were the best weekly performer, while energy dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 11.3. Read More

January 14th 2018

Market Review

The U.S. stock market finished the week with solid gains, sending the main indexes to new record highs. For the week, the Dow Jones Industrial Average gained 2.0 percent to 25,803.19. The S&P 500 booked a 1.6 percent gain over the week to end at 2,786.24. This was the second straight weekly gain for both the Dow and the S&P 500, as well as their seventh positive week of the past eight. The Nasdaq rose 1.7 percent over the past week to 7,261. Its second consecutive weekly advance. Among the key S&P sectors, industrials were the best weekly performer, while utilities dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 9.2. Read More

January 7th 2018

Market Review

U.S. stocks closed the first week of the year with solid gains, with the major indexes finishing at all-time highs. For the week, the Dow Jones Industrial Average rose 2.3 percent to a record of 25,289. The S&P 500 rocketed 2.6 percent in the holiday-shortened week to end at an all-time high of 2,743. The Nasdaq jumped 3.4 percent during the week to finish at a record level of 7,136. The Dow notched the biggest weekly gain since the period ended Dec. 1, 2017, the S&P 500 recorded its best weekly rise since Nov. 11, 2016, and the Nasdaq logged its best climb over the same period since Dec. 9., 2016. Most key S&P sectors ended in positive territory for the week, led by materials. Utilities were the only decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 9.2. Read More