Month: April 2021

April 25th 2021

Market Review

U.S. stocks finished a turbulent week after Friday's rebound nearly unchanged. The Dow Jones Industrial Average lost 0.5% during the week to end at 34,043.49. The S&P 500 closed at 4,180.17, after trading above its April 16 closing high of 4,185.47 during Friday afternoon, but ended the week down 0.1%. The Nasdaq was lower 0.3% for the week to finish at 14,016.81. Among the key S&P sectors, health care was the best weekly performer, while the energy sector dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 17.3. Read More

April 18th 2021

Market Review

U.S. stocks rose for another week, sending the major benchmarks again to record levels. For the week, the Dow Jones Industrial Average advanced 2% percent to 34,200.67 reaching a new record high. The 30-stock benchmark crossed the 34,000 threshold for the first time ever during the week. The S&P 500 climbed 2.7% for the week to a new closing high of 4,185.47. The Nasdaq advanced 3.1% from last Friday's close to 14,052.3. The S&P 500 and the Dow posted their fourth straight positive week, while the tech-heavy Nasdaq has registered gains for three weeks in a row. Most key S&P sectors ended in positive territory for the week, led by utilities. The communication services sector was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, fell to 16.3. Read More

April 11h 2021

Market Review

U.S. stocks finished the week with solid gains sending major benchmarks to record levels. The Dow Jones Industrial Average finished at a record closing high of 33,800.60 and climbed 2% this week. The S&P 500 gained about 2.7% over the same period and finished also at a new record of 4,128.80. Closing at 13,900.19, the Nasdaq rallied 3.1% for the week. Most key S&P sectors ended in positive territory for the week, led by the technology sector. Energy was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dropped to 16.7, its lowest level in 14 months. Read More

April 4h 2021

Market Review

U.S. stocks finished out the holiday shortened pre-Easter week with gains. For the week, the Dow Jones Industrial Average eked out a gain of 0.2% to end at 33,153.21. Crossing the 4,000 threshold for the first time, the S&P 500 finished at a record of 4,019.87 and booked a weekly but quite volatile gain of 1.1%. The Nasdaq jumped 2.6% during the week to end at 13,480.10. Wall Street just wrapped up March with solid gains. The Dow Jones Industrial Average and the S&P 500 climbed 6.6% and 4.3%, respectively, last month. The Nasdaq gained 0.4% in March. All industry groups in the Standard & Poor’s 500 Index ended in positive territory for the week, led by the technology sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 17.3. Read More