Key Takeaways
- Our positive outlook remains unchanged
- Short-term, healthy consolidation into early July possible
- Sentiment still does not show any extremes so far
Market Review |
All major indices finished the week lower. The Dow Jones Industrial Average shed 1.7% over the week to 33,727.43. The S&P 500 booked a weekly loss of 1.4% to finish at 4,348.33. The Nasdaq declined 1.4% for the week as well to end at 13,492.52. All three averages broke multiweek winning streaks. Except health care, all key S&P sectors ended in negative territory for the week, led by the real estate sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, finished the week unchanged at 13.4. Read MoreYou are currently viewing a placeholder content from X. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
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